Functioning of the Board of Directors
The Board of Directors gathered a total of seven times in 2012. One meeting handled mainly the 2012 budget and two meetings handled the establishment of the annual accounts as per 31 December 2011 and the mid-year accounts as per 30 June 2012.
Each meeting also addressed the state of affairs per business line and the most important current acquisition and/or divestment files. Other subjects (human resources, external communication, litigations and legal issues, delegations of authority and such) are discussed as and when necessary.
The written decision procedure was not applied in 2012.
Mr. Dirk VERBRUGGEN, General Counsel and General Secretary, acts as Secretary of the Board of Directors.
The individual attendance rate of the directors at the meetings in 2012 was:
|François BLONDEL (1)||1/1|
|Marion DEBRUYNE (2)||3/3|
|Pierre Alain DE SMEDT||4/7|
|Vincent DOUMIER (3)||6/7|
|Ingrid MERCKX (4)||3/3|
|Patrick VAN CRAEN (5)||3/3|
|Tonny VAN DOORSLAER||6/7|
|Louis VERBEKE (6)||4/4|
|Luc WILLAME (7)||4/4|
(1) Start of mandate on 20/12/2012 - (2) Start of mandate on 29/05/2012 - (3) End of mandate on 19/12/2012 - (4) Start of mandate on 29/05/2012
(5) Start of mandate on 29/05/2012 - (6) End of mandate on 29/05/2012 - (7) End of mandate on 29/05/2012
The Board of Directors organises a self-assessment of its functioning on a regular basis. Such self-assessment starts through a questionnaire to be remitted to and completed by each individual director. The results of the questionnaire are then be discussed and further analysed during a subsequent meeting of the Board of Directors.