Governance
governance
Servier has chosen to remain independent by being governed by a non-profit foundation
Servier has chosen to remain independent by choosing to be governed by a non-profit foundation, the Fondation Internationale de Recherche Servier (FIRS).
This governance structure enables us to focus entirely on fulfilling our vocation as a Group committed to therapeutic progress to serve patient needs.
Giving meaning to what we do
The Servier governance model is what makes us different and also what makes us strong, as being governed by a foundation allows us to be free from shareholder pressure and fully commit, in a sustainable way, to discovering and delivering innovative solutions for patients.
We draw strength from our independence:
The Fondation Internationale de Recherche Servier
The Fondation Internationale de Recherche Servier (FIRS) is a non-profit governance foundation without capital. It sets the Group’s strategic orientation and has the power to appoint and remove the President.
The FIRS President also holds the office of President of the Servier Group. He is appointed by the Supervisory Board for a five-year term.
No persons own any stake in the Group’s capital. A portion is held by French non-profit associations, members of which are companies in the Group, and the rest is held by Servier itself through a legal scheme allowing a company to hold its own capital.
Maintaining freedom of choice guided by our independence
At Servier, we are resolutely independent. This means we are free to make the choices we believe are right and adopt a long-term vision. That is why we choose to reinvest our profit to grow our business and drive progress by developing new treatments for patients.
Two governance bodies
The FIRS comprises two governance bodies: a Foundation Council and a Supervisory Board.
The Foundation Council
The Foundation Council is responsible for developing the Group’s strategy. It has the responsibility of proposing the key elements of the Group’s overall strategy and any potential significant operations. The President of the Foundation Council also governs the Group (Servier SAS). The President and the Vice Presidents are also members of the Executive Committee of Servier SAS.
President
Olivier LAUREAU
Vice Presidents
Claude BERTRAND, Damien CATOIR, Virginie DOMINGUEZ, Hani FRIEDMAN BOUGANIM, Philippe GONNARD, David HINDLEY, Arnaud LALLOUETTE, David K. LEE, Pascal LEMAIRE, Charlotte MARMOUSEZ-TARTAR, Stéphane MASCARAU
The Supervisory Board
The Supervisory Board is tasked with ensuring the Group upholds its founding principles and expressing its opinions on the Group strategic plan, strategic decisions, and on the appointment of the President of the Foundation.
Independent members
Matthias STAEHELIN (President of the Supervisory Board), Steven BAERT, Kapil DHINGRA, Bernard LE PEZRON, Catherine MAZZACCO, Jean-Christophe TELLIER, Dorothea WENZEL, Christian WYSS
