Governance

Naval Group governance is organised around an Executive Committee of 14 members. Chaired by the Chairman and Chief Executive Officer, the Executive Committee defines the Group’s objectives and takes decisions on all topics that have a major impact on the strategy, the functioning and the commercial and operational activities of the Group.

The Board of Directors decides on all the major strategic, economic, financial and technological policies concerning the company's activity. It protects the interests of the company’s principal stakeholders: the shareholders, employees and customers. It has eighteen members. As per the provisions of article 4 of Order no. 2014-948 dating from 20 August 2014 "relating to the governance and operations involving the capital of State-owned companies", the State appoints a representative to sit on the company's Board of Directors. Eleven administrators have been appointed by the General Meeting of shareholders. There are also six employee representatives, appointed by their peers, who represent a third of the members sitting on the Board of Directors.