Agile governance to handle complex situations

At the end of 2018, Fives modified its governance and management structure to become more agile and be able to better respond to its constantly changing markets. In 2020, in the unprecedented context of the health crisis, this organization demonstrated its strength and ability to respond rapidly to complex and varied problems worldwide.

Fives, a simplified joint-stock company (SAS), is led by its Chairman and Chief Executive Officer, Frédéric Sanchez, who relies on a Deputy Chief Executive Officer, Martin Duverne. The Group is overseen by a Supervisory Committee, including members from outside the Group.

The Chairman and the Deputy Chief Executive Officer are assisted with decision-making by operational bodies, including the Senior Executive Committee. The latter is supported by an Executive Committee and Local Coordination and Steering Committees.


The Supervisory Committee:

independent members for external insight

With members from outside the Group, the Supervisory Committee meets several times a year and is responsible for overseeing Fives’ management. The range of experience, skills and personalities makes it a major asset to discuss challenges and industrial prospects and to assess the Group’s development.

 

  • Chairman: Philippe Reichstul
  • Members as of December 31, 2020:
    • François Dufresne
    • Dominique Gaillard
    • Alain Cianchini
    • Heyoung H Lee Bouygues
    • Jean-Georges Malcor
    • Antonio Marcegaglia
    • Laurence Parisot
    • Jean-Dominique Sénard

The Senior Executive Committee:

a compact management body to define Group’s crossfunctional priorities and policies

The Senior Executive Committee manages talent and development, responds to cross-functional operational and organizational questions and makes the required budgetary decisions. It also manages unforeseen events with a potentially significant impact on the life of the Group, as well as crises or emergencies. Its members sit on the Executive Committee.

 

  • Frédéric Sanchez, Chairman and Chief Executive Officer
  • Martin Duverne, Deputy Chief Executive Officer
  • Denis Mercier, Deputy General Manager of Fives
  • Suresh Abye, Finance Director
  • Raphaël Constantin, Deputy General Manager, President of the High Precision Machines Division
  • Alain Cordonnier, Deputy General Manager, President of the Cement #&# Minerals Division
  • Sébastien Gauguier, President of the Aluminium Division
  • Guillaume Mehlman, Deputy General Manager, President of the Steel #&# Glass Division
  • Céline Morcrette, Human Resources Director
  • Luigi Russo, Deputy General Manager, President of the Smart Automation Solutions Division
  • Frédéric Thrum, Deputy General Manager, President of the Energy Division
  • Michelle Shan, Country Director - China

The Executive Committee:

a place for dialogue, exchanging information and sharing experiences, further strengthening the cross-functional effectiveness of the Group’s actions

The Executive Committee is primarily in charge of ensuring the implementation of decisions made by the Senior Executive Committee and reviewing the relevance and effectiveness of cross-functional policies based on feedback.

 

 

Frédéric Sanchez, Chairman and Chief Executive Officer
Martin Duverne, Deputy Chief Executive Officer
Denis Mercier, Deputy General Manager of Fives
Suresh Abye, Finance Director
Hervé Boillot, Mergers #&# Acquisitions, Strategy Director
Daniel Brunelli-Brondex, Country Director - India
Jean-Marie Caroff, Director of International Development
Raphaël Constantin, Deputy General Manager, President of the High Precision Machines Division
Alain Cordonnier, Deputy General Manager, President of the Cement #&# Minerals Division
Sébastien Gauguier, President of the Aluminium Division
Arnaud Lecoeur, Group General Counsel
Guillaume Mehlman, Deputy General Manager, President of the Steel #&# Glass Division
Céline Morcrette, Human Resources Director
Frédéric Renaud, Country Director - Italy
Luigi Russo, Deputy General Manager, President of the Smart Automation Solutions Division
Frédéric Thrum, Deputy General Manager, President of the Energy Division
Michelle Shan, Country Director - China
Thierry Valot, Innovation #&# Digital Director

The Country Coordination and Steering Committees:

implementing Group policies wherever Fives operates

These committees are responsible, by geographic area, for ensuring the implementation of the cross-functional policies adopted by the Senior Executive Committee, adapting them where appropriate to the specifics of each country,

and encouraging synergies between subsidiaries in the same country but that belong to different Divisions.