Logo Search Our governance Since July 1, 2021, the Company's governance structure is based on a Board of Directors. The Board of Directors is comprised of 9 members among which 5 were qualified as independent by the Board of Directors in accordance with the criteria set forth in the Afep-Medef Code. The Board of Directors benefits from the work of 4 specialized Committees that review specific matters: the Audit Committee, the Nomination, Remuneration & Governance Committee, the Strategic & Finance Committee and the Corporate Social Responsibility Committee. An Executive Committee also supports the operational management of the Group. Vallourec refers to the principles of corporate governance set out in the AFEP-MEDEF corporate governance code for French listed companies. Executive Committee Executive Committee The Vallourec Executive Committee team is responsible for leading the Group’s operations. It implements the strategic decisions and orientations defined by the Board of Directors under the chairmanship of Edouard Guinotte. Since 1 July 2021, Olivier Mallet has been the Group's Deputy Chief Executive Officer. Edouard Guinotte Chairman of the Board of Directors & Chief Executive Officer Olivier Mallet Deputy Chief Executive Officer Pascal Braquehais Senior Vice President Middle East/Asia Philippe Carlier Senior Vice President Technology & Industry François Curie Vice President Corporate Human Resources Bertrand Frischmann Senior Vice President North America Naila Giovanni Chief Digital & Information Systems Officer Didier Hornet Senior Vice President Development & Innovation Claire Langelier Group General Counsel Alexandre Lyra Senior Vice President South America Hubert Paris Senior Vice President Europe/Africa Board of Directors The Board of Directors determines the Group’s strategic direction and ensures its implementation. Vallourec’s Group refers to the corporate governance Code for French listed companies published by AFEP and MEDEF. The Board of Directors of Vallourec is comprised of 9 members including 44% of women and 62% of independent Board members. It also includes 2 observers. Its decisions are made in light of the recommendations of 4 Board Committees: • the Audit Committee, • the Nomination, Remuneration & Governance Committee, • the Strategic & Finance Committee and • the Corporate Social Responsibility Committee. Directors are elected for a four-year term (article 9 of the bylaws), in accordance with the recommendations of the AFEP-MEDEF corporate governance Code for French listed companies. The Board’s composition reflects a diverse and complementary range of experience, nationalities and cultures, ensuring that the interests of all shareholders are taken into account. Edouard Guinotte 2025 OSM Chairman of the Board of Directors & Chief Executive Officer Pierre Vareille 2025 OSM Vice-Chairman Lead Independent Director Corine de Bilbao 2024 OSM Independent Director William de Wulf 2025 OSM Director Maria Silvia Marques 2023 OSM Independent Director Angela Minas 2022 OSM Independent Director Hera Siu 2022 OSM Independent Director Gareth Turner 2025 OSM Director Guillaume Wolf 2025 Director representing employees Paul Marchand 30 June 2025 Observer Conor J. Sutherland 30 June 2025 Observer Board Secretary Claire LANGELIER, Group General Counsel of Vallourec Internal Rules Committees of the Board Four committees assist the Board of Directors. They are consulted on matters prior to certain deliberations and issue proposals, recommendations and opinions in their respective areas of competence. The Audit Committee The Audit Committee reviews the quarterly results, the draft half-yearly and annual financial statements and assesses risk management and the internal control systems. The Audit Committee is comprised of six members: Ms. Angela Minas (Chairwoman), Ms. Corine de Bilbao, Ms. Maria Silvia Marques, Mr. William de Wulf, Ms. Hera Siu and Mr. Gareth Turner. The Nomination, Remuneration & Governance Committee The Nomination, Remuneration & Governance Committee reviews the composition and operation of the Board. It defines the compensation policy for the Group's executive directors, proposes a general long-term compensation policy and examines the annual plans for the allocation of options and performance shares. The Nomination, Remuneration & Governance Committee is comprised of three members: Mr. Pierre Vareille (Chairman), Mr. William de Wulf and Ms. Angela Minas. The Strategic & Finance Committee The Strategic & Finance Committee reviews key subjects for the Group, issues recommendations on acquisitions, divestitures and partnership projects and studies all strategic matters of interest to the Group. The Strategic & Finance Committee is comprised of three members: Mr. Gareth Turner (Chairman), Ms. Corine de Bilbao and Mr. William de Wulf. The Corporate Social Responsibility (CSR) Committee The CSR Committee's mission is to ensure that the Group best anticipates the challenges, opportunities and extra-financial risks associated with its business in order to promote responsible and harmonious long-term value creation. It makes recommendations on the Group's policy and achievements in this area. The CSR Committee is comprised of four members: Ms Corine de Bilbao (Chairwoman), Ms. Maria Silvia Marques, Ms. Angela Minas and Ms. Hera Siu. Information relating to the compensation of corporate officers Filter by: Publication type Date 2019 2018 2017 2016 2015 2014 Show Results Information on Management Board compensation 2018-2019 2019 Download Information on Management Board compensation 2017-2018 2018 Download Information on Management Board compensation 2016-2017 2017 Download Adjustment of rights holders of performance shares and stock options Management Board 2016 Download Commitments under Article L 225901 relating to the members of the Management Board Additional information 2016 Download Commitments under Article L225901 of the Commercial Code relating to the members of the Management Board 2016 Download Information on the Management Board s compensation in 2015 and 2016 2016 Download Rémunérations 2014 et 2015 du Directoire 2015 Download Statutory Auditors KPMG SA Deloitte & Associés Represented by: Represented by: Ms Alexandra Saastamoinen Ms Véronique Laurent Tour Eqho - 2, avenue Gambetta 92066 Paris-La Défense Cedex Tour Majunga - 6, place de la Pyramide 92908 Paris La Défense Cedexx Date on which first appointment commenced / Date of renewal: Date on which first appointment commenced / Date of renewal: Date of first mandate : Date of first mandate : 1st of June 2006 1st of June 2006 Date of renewal: Date of renewal: 25 of May 2018 25 of May 2018 Articles of Association Logo Choose country Contact us Arrow Follow us Facebook Twitter Instagram LinkedIn YouTube ®VALLOUREC 2019 Vallourec Media Center Vallourec Open data portal Legal notice Terms of Use Data privacy & Cookies policy