The bonanza (virtual) timidly Sanofi boss approved by shareholders – Le Figaro

The shareholders of the group have approved 63.26% of the remuneration for 2015 Olivier Brandicourt. A score significantly lower than that obtained by other patrons of the CAC 40, validated mostly over 90%

After Renault is the wages of Sanofi boss who made waves. In full debate on the remuneration of top managers, the pharmaceutical group of shareholders voted at a relatively small majority in favor of the remuneration for 2015 of the Director General Olivier Brandicourt. At the general meeting of the group on Wednesday, the shareholders approved to 63.26% remuneration: a score significantly lower than that obtained by other patrons of the CAC 40, validated mostly over 90%. “I voted against because they are delusional wages compared to the misery of the world”, told the AFP a retired shareholder of Sanofi, at the end of the general meeting in Paris. The previous year, the Shareholder approval rate was 61.59% for the remuneration of former boss Chris Viehbacher group.

“I consider myself a football player or as a Formula 1 driver “

Olivier Brandicourt do is also no stranger to controversy. Hosted by Sanofi early 2015 by a welcome bonus – or “golden hello” – two million, he had strong criticism. To this sum is added 2.39 million of fixed and variable remuneration euros earned by the CEO in respect of fiscal 2015 and 12.7 million euros paid in the form of options and performance shares over three years, provided that Olivier Brandicourt meets the objectives set for it by 2018.

with a total compensation of 16,76 million per year, the Director General thus takes the first place in the remuneration of the CAC 40 bosses (fixed salary, variable, options and shares included), before Bernard Arnault of LVMH (9.40 million euros per year) and Jean-Paul Agon of L’Oréal (9.10 million euros).

Given the controversy huge salaries, including the case of Carlos Ghosn CEO of Renault, Emmanuel Macron has threatened to “legislate” if Renault does not review its copy. A case that does not seem to move much for Carlos Tavares, head of PSA, whose remuneration was also challenged last month. “My salary is the result of changes in business results,” said he said Wednesday at a meeting in the National Assembly. I consider myself a football player or as a Formula 1 driver, there is a market. “