2020/10/13 - Financial public releases
Virbac governance evolution
Virbac will amend its articles of association at an extraordinary shareholders' meeting to be held in December to transform it into a company with a board of directors, the most common form of governance for French listed companies.
It is expected that the board of directors, whose appointment will be submitted to a vote of the shareholders, will appoint Marie-Hélène Dick-Madelpuech as chairman of the board of directors and Sébastien Huron as Chief executive officer.
"This evolution gives us the opportunity to create a Group management committee made up of seven members that will strengthen the continuity and sustainability of our operational governance through greater diversity and a better distribution of roles and responsibilities, made all the more necessary as Virbac grows and develops throughout the world " says Sébastien Huron, chairman of the executive board.