Executive Committee |
Presided over by the Managing Director, the Executive Committee is composed of seven shareholding members, including the dean, a member by right, and two deputy shareholding members, appointed for a year. Three shareholding members and one deputy shareholding member are appointed by the French Minister for Culture on the Managing Director's proposal. Three shareholding members and one deputy shareholding member are elected at the Annual General Meeting of the Shareholding Members. The Executive Committee is convened for meetings by the Managing Director. It is consulted on any question the Managing Director deems fit to submit to it, puts forward names for shareholders, allocates company holdings, examines the accounts and the budget, and orders termination of contracts. In its enlarged form, apart from its usual members, the Executive Committee also comprises two Directors from the Ministry for Culture, the State Auditor, a representative for the contracted actors and two representatives for the technical and administrative staff. The Committee approves the budget, the financial accounts, and loans, and gives decisions on acquisitions of holdings and creations of subsidiaries. |