STM confirms Chery, Grandi joins the management board

STM confirms Chery Grandi joins the management board

(Finance) – The shareholders’ meeting of STM approved all resolutions submitted to the shareholders’ vote, including the 2023 budget and the distribution of a cash dividend of $0.36 per ordinary share.

Renewal for a three-year period was also approved Jean-Marc Cherycurrent CEO of the company, as member and president of the management board, and the appointment within the body, which until now was monocratic, of a second member, the financial director, Lorenzo Grandi.

The shareholders, we read in a note, also voted in favor of the modification of the statute and the remuneration policy for the supervisory and management board.

Janet Davidson’s role as a member of the supervisory board has also been renewed for a three-year period, with Pascal Daloz joining the board to replace Yann Delabrière.

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