“Lamentable “” outrageous “,” immoral “… The words used by the unions of Vivarte (Halle, Andrew, Kookai) on Thursday about the severance of their former CEO Marc Lelandais are tough but show their” disgust “.
According to our information, the former boss affected more than 3 million when he left in October 2014, Marc Lelandais denied in a statement (see box).
Representatives CGT and CFDT knew that the former CEO of the group, said Tuesday 1,600 job cuts, had hit big benefits, but they never got an exact figure. “We suspected that it was a huge amount (…) I openly asked the question and the management refused to respond,” said AFP Gérald Gautier (FO), saying “lamentable” that Marc Lelandais has reached more than € 3 million to his departure in October. According to the details of the transaction agreement signed on 29 October 2014, with the direction that our newspaper has consulted this defector from the luxury industry and finance pro hit a “bonus for restructuring” in the amount of € 1 million, plus an exit fee of € 1 million, according to the terms provided in his employment contract in July 2012 and € 1,075 million for final settlement.
is “outrageous and immoral to touch so much money in a situation where (the former CEO) led the group into the wall,” added Karim Cheboub (CGT). Premiums “should be indexed on the results of a company,” he added.
While saying his “disgust” Jean-Louis Alfred (CFDT) has meanwhile denounced him after the publication of this information, a “current direction of diversion” to “distract” the difficulties of the textile group and social plans that lie ahead with the announced job cuts.
Macron “obviously” shocked
The three unions denounced the “opacity” of management in all areas. At a Group Committee held on Wednesday, “We have had no response to our questions regarding the amount of envelopes (note: for social plans) or reclassifications,” explained Gérald Gautier.
“Of course it’s shocking, reacted in turn the economy minister Emmanuel Macron Thursday morning on RTL. It is this part of the market economy in which we live, which is incomprehensible. I believe in the market economy, but for this to work, you must restore morality. It is a form of ethics to consider that when you are in a company in difficulty, it is indecent to touch such a sum. ” But “the state will not interfere, I will not make a law for the boss of Vivarte,” the minister added.
In a statement released Thursday, Marc Lelandais disputes our assertions. He said that “the figures (…) are false.” The former CEO of Vivarte adds: “The document presented is wrong and does not match my severance.” He also states: “I have successfully completed the financial restructuring of the group that led to the cancellation of two billion of debt and contribution under the constraint of a conciliation procedure 500 million in cash and had to leave due to the strong differences methods with creditors became shareholders funds, including excessive compensation board they intended to constitute “
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