Corporate governance

1. Alain Dinin
Chairman of the Board of Directors
Chairman of the Strategy and Investment Committee
Date first appointed 
28/09/2004 – Reappointed 22/05/2019
Date of term expiry 
At the end of the Company’s Shareholders’ Meeting called to approve the financial statements for the financial year endend 31/12/2022
Bio 
Chairman and CEO of Nexity as of September 2004 until 22 May 2019 and Chairman of the board of directors since then, Alain Dinin began at the George V group (Groupe Arnault) in 1979 as a controller and subsequently held various other positions before becoming Chief Executive in 1985. He served as CEO of CGIS (Vivendi) from 1995 to 2000, then Vice-Chairman, Chairman of the Management Board and finally Chairman and CEO of Nexity. He is a graduate of the École Supérieure de Commerce de Lille (now called SKEMA Business School).
2. Luce Gendry
Vice-Chairman
Senior Independent Director
Chairman of the Audit and Accounts Committee
Member of the Strategy and Investment Committee
Expertise: Finance; Strategy and investment; Governance; CSR – Energy and environment
Date first appointed 
21/02/2012
 
Date of term expiry 
At the end of the Company’s Shareholders’ Meeting called to approve the financial statements for the financial year ended 31/12/2019
 
Bio 
Luce Gendry began her career in the Générale Occidentale group as Company Secretary and then Chief Financial Officer. She later joined the Bolloré group as Deputy Managing Director before moving to Banque Rothschild, where she was a managing partner until mid-2011. Currently, she is Senior Advisor at Rothschild et Compagnie, member of the Supervisory Board of Rothschild Martin Maurel, Chairman of the Supervisory Board of IDI, director of FFP (Peugeot family group), director of Sucres et Denrées (Sucden) and Chairman of Cavamont Holdings Ltd.
3. Jean-Pierre Denis
Director
Member of the Audit and Accounts Committee
Member of the Strategy and Investment Committee
Expertise: Finance; Strategy and investment; Governance; Real estate and real estate financing; IT and digital; Financial services (banking and insurance)
Date first appointed 
23/07/2015
 
Date of term expiry 
At the end of the Company’s Shareholders’ Meeting called to approve the financial statements for the financial year ended 31/12/2019

Bio
Jean-Pierre Denis is Chairman of Crédit Mutuel Arkéa. He began his career as an « inspecteur des finances » (State finance inspector) and subsequently served in various civil servant positions, including deputy secretary-general at the Presidency of the French Republic. He then held various executive management positions at Dalkia, Veolia and OSEO (now BPI France).

4. Charles-Henri Filippi
Independant Director
Chairman of the Remuneration, Appointments and CSR Committee
Expertise: Finance; Strategy and investment; Governance; Real estate and real estate financing; Financial services (banking and insurance); CSR – Energy and environment
Date first appointed 
15/12/2016
 
Date of term expiry 
At the end of the Company’s Shareholders’ Meeting called to approve the financial statements for the financial year ended 31/12/2022
 
Bio
Charles-Henri Filippi is managing partner of Banque Lazard. He was previously Chairman of Citigroup France with effect from 1 January 2011. After holding several positions in French government agencies and ministerial departments, he joined CCF in 1987 and became its Chief Executive Officer in 1998. In 2001, he was appointed to HSBC’s Executive Committee, with responsibility for major client activities across the entire group. He was named Chairman and Chief Executive Officer of HSBC France in March 2004, then non-executive chairman from August 2007, a position he held until 31 December 2008. He was also Senior Advisor at CVC Capital Partners France until 31 December 2010, Partner at Weinberg Capital Partners until 31 December 2011, and founded the asset management companies Octagones and Alfina, serving as Chairman of both from 2008 to 2012. Charles-Henri Filippi is also a director of Orange.
5. Jérôme Grivet
Director
Member of the Audit and Accounts Committee
Member of the Strategy and Investment Committee
Expertise: Finance; Strategy and investment; Governance ; Real estate and real estate financing; Financial services (banking and insurance)
Date first appointed
23/07/2015
 
Date of term expiry 
At the end of the Company’s Shareholders’ Meeting called to approve the financial statements for the financial year ended 31/12/2019
 
Bio 
Jérôme Grivet is Deputy Managing Director of Crédit Agricole SA in charge of Finance for the Crédit Agricole group. He began his career as an inspector of finance, then served as a member of several French ministries before holding a number of positions at Crédit Lyonnais and the Crédit Agricole group.
6. Soumia Belaidi-Malinbaum
Independent Director
Member of the Audit and Accounts Committee
Member of the Remuneration, Appointments and CSR Committee
Expertise: Finance; Strategy and investment; Governance; IT and digital; CSR – Energy and environment
Date first appointed 
24/03/2015
 
Date of term expiry 
At the end of the Company’s Shareholders’ Meeting called to approve the financial statements for the financial year ended 31/12/2020
 
Bio 
Soumia Belaidi-Malinbaum has been Business Development Director at Keyrus since 2008. Between 1991 and 2006 she was founder, Chairman and Chief Executive Officer of Specimen, Sales Director France for Hommes et Techniques de l’Informatique (HTI) and Account Manager in financing and leasing at International Brokerage Leasing (IBL).
7. Agnès Nahum
Independent Director
Member of the Audit and Accounts Committee
Member of the Startegy and Investment Committee
Expertise: Finance; Strategy and investment ; Governance ; Financial and services (banking and insurance) ; CSR – Energy and environment
Date first appointed 
19/05/2015
 
Date of term expiry 
At the end of the Company’s Shareholders’ Meeting called to approve the financial statements for the financial year ended 31/12/2022
 
Bio 
Since December 1998, Agnès Nahum has been co-founder and Managing Partner of investment company Access Capital Partners, which specialises in managing European private equity, infrastructure and private debt funds. Previously she was Senior Vice-President of Business Development at BNP Paribas Private Equity, Business Development Director at Financière Saint Dominique and Head of Investment and Development at MAAF.
8. Magali Smets
Independent Director
Member of the Audit and Accounts Committee
Expertise: Finance; Strategy and investment; Governance; CSR – Energy and environment
Date first appointed 
31/05/2016
 
Date of term expiry 
At the end of the Company’s Shareholders’ Meeting called to approve the financial statements for the financial year ended 31/12/2019
 
Bio 
Magali Smets is the Chief Executive Officer of France Chimie (formerly U.I.C.). She began her career in 1999 as a consultant and active member of the Energy practice at McKinsey & Company. In 2001, she joined the Strategy Department of Alstom Transmission & Distribution, later becoming Chief Strategy Officer of Areva Transmission & Distribution. Ms Smets joined Areva’s representative office in Brussels in 2007 and became its manager in 2011, advocating the company’s positions before the EU institutions. In January 2013, she became Director, reporting to the Chairman, and Executive Secretary of Areva’s Management Board, before she became Areva’s Chief Strategy Officer in 2015.
9. Jacques Veyrat
Director
Member of the Remuneration, Appointments and CSR Committee
Member of the Strategy and Investment Committee
Expertise: Finance; Strategy and investment; Governance; IT and digital; CSR – Energy and environment
Date first appointed 
23/05/2013
 
Date of term expiry 
At the end of the Company’s Shareholders’ Meeting called to approve the financial statements for the financial year ended 31/12/2020
 
Bio
Jacques Veyrat began his career with the French Ministry of Finance (Treasury Department), where he served from 1989 to 1993, and then went on to work with the Ministry for Infrastructure from 1993 until 1995. He was next appointed Chief Executive Officer of Louis Dreyfus Armateurs. In 1998, he founded Louis Dreyfus Communications, which would become Neuf Cegetel. He was Chairman of Groupe Louis Dreyfus from 2008 to 2011. In 2011, he created Impala, a holding company and principal shareholder of some twenty companies mostly active in the energy sector, including Direct Énergie and Neoen.
10. Bruno Catelin
Director representing employees
Member of the Remuneration, Appointments and CSR Committee
Expertise: Real estate and real estate financing; IT and digital
Date first appointed 
01/01/2017
Date of term expiry 
31/12/2020
 
Bio
Bruno Catelin is the director representing the Group’s employees. He has been an employee of Nexity Group since March 1991. He has in charge of management tools training within the residential real estate division since 01 September 2018.
11. Pascal Oddo
Non-voting member Expertise: Finance; Strategy and investment; Real estate and real estate financing ; IT and digital; Financial services (banking and insurance)
Date of term expiry 
At the end of the Company’s Shareholders’ Meeting called to approve the financial statements for the financial year ended 31/12/2021
 
Bio 
Pascal Oddo holds a master’s degree in management from Paris-Dauphine University (Paris IX). Before working as a partner at LBO France from 1997 to 2017, Pascal Oddo spent more than 20 years developing Oddo & Cie. He was also a founding member of Euronext and the Conseil des Bourses de Valeurs. Pascal Oddo is currently Chairman of Vasgos SAS, which he founded in 1997.
12. Benoît Chuquet
Benoît Chuquet substituted by Emmanuel Brie since June 2019

Workers council representative

THE BOARD'S COMMITTEES :
The Audit and Accounts Committee
The Audit and Accounts Committee actively monitors issues relating to the preparation and control of accounting and financial information (management control, internal control, reliability of reported financial information, etc.)
CHAIRMAN
Luce GENDRY (Independent Director)
 
MEMBERS
Jean-Pierre DENIS
Jérôme GRIVET
Soumia BELAIDI-MALINBAUM (Independent Director)
Agnès NAHUM (Independent Director)
Magali SMETS (Independent Director)
 
Strategy and Investment Committee
The Strategy and Investment Committee’s duty is to render opinions on acquisitions or disposals of equity interests or assets in material amounts liable to modify the Company’s balance sheet structure, including any acquisitions or disposals of equity interests or assets amounting to a value of €10 million or more, with a growing formalism described in the Board’s internal rules and regulations.
CHAIRMAN 
Alain DININ
 
MEMBERS 
Jean-Pierre DENIS
Luce GENDRY (Independent Director)
Jérôme GRIVET
Agnès NAHUM (Independent Director)
Jacques VEYRAT
The Remuneration, Appointments and CSR Committee
The Remuneration, Appointments and CSR Committee reviewed the composition of the Board of Directors, that of its various committees, and the appointment of these committees’ members, and made its recommendations to the Board of Directors. On 20 February 2018, the remit of the Remuneration and Appointments Committee was expanded to include CSR responsibilities.
CHAIRMAN
Charles-Henri FILIPPI (Independent Director)
 
MEMBERS 
Jacques VEYRAT
Soumia MALINBAUM (Independent Director)
Bruno CATELIN (Director representing the employees)

 

Documentation related to the Board of Directors 

  1. Board’s internal rules and regulations (in French)
  2. Regulated agreements' charter (in French) – Press release of 24 January 2017
  3. Change in Nexity's governance
  4. Press release on end-of-service benefits (in French)
  5. Insider trading Guide (in French)

 

Alain Dinin
Chairman

Chairman and CEO of Nexity as of September 2004 until 22 May 2019 and Chairman of the board of directors since this date, Alain Dinin began at the George V group (Groupe Arnault) in 1979 as a controller and subsequently held various other positions before becoming Chief Executive in 1985. He served as CEO of CGIS (Vivendi) from 1995 to 2000, then Vice-Chairman, Chairman of the Management Board and finally Chairman and CEO of Nexity. He is a graduate of the École Supérieure de Commerce de Lille (now called SKEMA Business School).

Jean-Philippe Ruggieri
Chief Executive Officer

 CEO since 22 May 2019, he was Deputy CEO in charge of Individual Clients and Residential Real Estate Activities since January 2017 and company officer since 31 May 2018. He previously served as Managing Director of the Residential Real Estate division starting in 2014, after having been its Deputy Managing Director since 2006. He also served as Managing Director of Nexity Consulting and Nexity Patrimoine. From 1994 to 2001, he was Sales Director and then Managing Director of Ruggieri Immobilier Toulouse. He began his career as an operations manager at Sogeprom in 1992. He is a graduate of the École Supérieure de Commerce de Toulouse

Julien Carmona
Deputy CEO, in charge of Internal Clients

Deputy CEO in charge of Internal Clients (which combines the core functional services of the Nexity group, such as finance, legal, general secretariat, Human Resources, management and risk management, innovation, digital and IT systems), as well as strategy and international development since January 2017 and company officer since 31 May 2018. After starting his career with the French Ministry for the Economy and Finance, then with BNP Paribas, he successively served as Economics Advisor to the President of the French Republic (2004-2007), member of the Management Board and Chief Financial Officer of Caisse Nationale des Caisses d’Epargne (CNCE) which became BPCE (2007-2009), and Chief Operating Officer and member of the Executive Committee at SCOR SE (2009-2012). He joined Nexity in January 2014. He is an “inspecteur des finances” (state finance inspector) and a graduate of the École Normale Supérieure in Paris and the École Nationale d’Administration (ENA).

Véronique Bédague
Deputy CEO in charge of Commercial and Local Authority Clients

Deputy CEO in charge of Commercial and Local Authority Clients, and Chairman and Chief Executive Officer of Nexity Immobilier d’Entreprise since February 2018. She was previously Company Secretary of Nexity as of April 2017. Véronique Bédague-Hamilius began her career in 1990 at the French Ministry of Finance, where she held several positions in the Budget Directorate and then as a member of the Finance Minister’s staff. From 1994 to 1997, she worked as an economist for the International Monetary Fund in Washington. She joined the City of Paris as Finance Director in 2002, before being named its Director-General of Services in 2008. She was chief of staff for the French Prime Minister from 2014 to 2016. A graduate of the École Nationale d’Administration (ENA), she also holds degrees from Sciences Po Paris and the ESSEC business school.

Frédéric Verdavaine
Deputy CEO, in charge of Individual Clients

Deputy CEO in charge of Individual Clients and Real Estate Services to Individuals. He began his career in 1993 in the realm of strategy and organisation, first as a consultant in the Quaternaire Group, then as Assistant Director of Human Resources at La Redoute. Before becoming Chairman of Real Estate Services to Individuals and co-Chairman of the Individual Clients Committee, in 2007, he was a Deputy Managing Director of Nexity. From 2002 to 2007, he worked for Johnson Diversey, where he served as Deputy CEO with responsibility for France and Vice-President of Human Resources with responsibility for Southern Europe. After a first experience in the real estate sector as Managing Director of GHI, from 2007 to 2011, he served as Managing Director of Nord de France Immobilier (NDFI), operator of the Nord Pas-de-Calais region’s leading real estate agency network. A graduate of the Institut de Haute Finance Internationale, he also holds an undergraduate degree in economics, a master’s in human resource development and an MBA from the advanced business studies centre (CPA) at HEC Paris.

THE OPERATIONAL MANAGEMENT COMMITTEE
As an extension of the Strategic Committee, an operational management committee was created in 2019. This Committee brings together 25 executives representing the main operational and functional divisions of the group. The purpose of this committee is to define strategic priorities and monitor major transversal projects and projects. Its mission is to support organizational changes and facilitate the mobilization of management and employees by promoting the sharing of best practices and the adaptation of tools and procedures to the needs of operational teams.
 
THE "CLUB 1797"
The "Club 1797" is made up of Nexity’s main operational and functional managers. It meets at least twice a year. It is informed of changes to the Group and is involved in defining its strategy. Nexity has been developing a proactive policy of improving women’s access to governing bodies, and has decided to adopt an indicator relating to the proportion of women in the “Club 100”. Women made up 28% of the “Club 100” at the end of 2017, compared with 23% in 2016. The target is set to 35% by 2020. The "Club 1797" replaces the former « Club 100 » since of May 2019.