Corporate governance

Sodexo is fully compliant with all corporate governance principles and applies them faithfully to best practices in France, location of its headquarters. In 2004, the Chairman of the Board of Directors and the Chief Executive Officer became separate functions.

Sodexo is governed by a Board of Directors, presided over by the chairman, Pierre Bellon, founder of Sodexo. The Board is made up of 13 members; one third are foreign nationals and one third are women.

The Board of Directors determines the Group’s strategy and overall policies and assigns directors to oversee their implementation. It supervises management control and ensures that efficient risk management procedures and internal audits are conducted. The Board also sees to it that Sodexo’s shareholders and the financial markets receive full information on the Group’s performance and all major transactions.