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Wrong Serge Michel?

Serge Michel

President

Soficot

Direct Phone: +33 * ** ** ** **direct phone

Email: s***@***.fr

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Soficot

Background Information

Employment History

Chairman

SGE


SEAS


Manager

Etablissements Houdry


Chief Executive Officer of Public Works Division

Saint-Gobain Corporation


Responsable Unité Opérationnelle

Veolia Environnement company


Chairman

CISE


Group

SAS Groupe Epicure


Dessinateur

Fournié Grospaud Synerys


Affiliations

VEOLIA NV-SA

Board Member


VINCI Construction companies

Board Member


Research Bank

Board Member


EIFFAGE company

Board Member


Web References(26 Total References)


The tasty cuisine of Serge Michel | ECGS

The tasty cuisine of Serge Michel
President of Soficot, owner of Ledoyen, former CEO of Saint Gobain Public Works division and then of the SGE, a notorious Director within the French blue chips, Serge Michel shows remarkable resilience. Serge Michel is 82 years old but ageing does not seem to affect his appetite nor his friendship and networking skills. Indeed, he received €1,840,000 during the year for his valuable advice to Mr Jean-François Roverato, President of the listed company Eiffage. No explanation has been provided regarding the payment. Although we have to recognise that succession planning matters are marvellously handled at Eiffage, where Serge Michel is a non-executive director and the chairman of the nomination-remuneration committee, would it not be simpler for Jean-François Roverato to tell shareholders that the acquisition and the restructuring of Clemessy (representing 6,000 employees) from Veolia was achieved with the help of Soficot? On the board of Vinci, Serge Michel had protected his friend Zacharias for a long time, and in the process he gained the title of Honorary President. Under Zacharias, Mr Michel was paid €250,000 for attendance fees but his budget later increased. As star chef taking care of clients as well as of the management in the Rueil-Malmaison company's restaurant he invoiced €338,330 for fixed fees and a total of €602,338 (excluding VAT) in 2009. On the board of Veolia Environnement, his friendship with EDF chairman & CEO, Henri Proglio is tangible: as the Chairman of the nomination-remuneration committee (yes, again), Mr Michel has amended remuneration criteria in March 2009 for Henri Proglio resulting in an increase of Mr Proglio's incentive remuneration of more than 130%. Serge Michel surely deserved €552,000 per year for consultancy services.


ECGS | Independent Local Experts Come Together

The tasty cuisine of Serge Michel
President of Soficot, owner of Ledoyen, former CEO of Saint Gobain Public Works division and then of the SGE, a notorious Director within the French blue chips, Serge Michel shows remarkable resilience. Serge Michel is 82 years old but ageing does not seem to affect his appetite nor his friendship and networking skills.


2012 Annual and sustainability report - Veolia Environnement

Serge Michel (Chairman)
Serge Michel Chairman of Soficot S.A.S.


http://www.veolia.com/en/veolia-group/profile/board-of-directors

Serge Michel (89)
Serge Michel has spent his entire career in the construction and public works sector. After having held the position of Executive Vice-President with Compagnie de Saint-Gobain and been Chairman of Socea, he chaired the SGE group until 1991 and the CISE group until 1997. He served as Executive Vice-President of Compagnie Générale des Eaux until 1992. He is currently President of Soficot, a business management and investment consulting company he founded in 1997.


The tasty cuisine of Serge Michel | ECGS

The tasty cuisine of Serge Michel
President of Soficot, owner of Ledoyen, former CEO of Saint Gobain Public Works division and then of the SGE, a notorious Director within the French blue chips, Serge Michel shows remarkable resilience. Serge Michel is 82 years old but ageing does not seem to affect his appetite nor his friendship and networking skills. Indeed, he received €1,840,000 during the year for his valuable advice to Mr Jean-François Roverato, President of the listed company Eiffage. No explanation has been provided regarding the payment. Although we have to recognise that succession planning matters are marvellously handled at Eiffage, where Serge Michel is a non-executive director and the chairman of the nomination-remuneration committee, would it not be simpler for Jean-François Roverato to tell shareholders that the acquisition and the restructuring of Clemessy (representing 6,000 employees) from Veolia was achieved with the help of Soficot? On the board of Vinci, Serge Michel had protected his friend Zacharias for a long time, and in the process he gained the title of Honorary President. Under Zacharias, Mr Michel was paid €250,000 for attendance fees but his budget later increased. As star chef taking care of clients as well as of the management in the Rueil-Malmaison company's restaurant he invoiced €338,330 for fixed fees and a total of €602,338 (excluding VAT) in 2009. On the board of Veolia Environnement, his friendship with EDF chairman & CEO, Henri Proglio is tangible: as the Chairman of the nomination-remuneration committee (yes, again), Mr Michel has amended remuneration criteria in March 2009 for Henri Proglio resulting in an increase of Mr Proglio's incentive remuneration of more than 130%. Serge Michel surely deserved €552,000 per year for consultancy services.


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