Governance : The Board of Directors
Activities of the Board of Directors
The Board of Directors met ten times in 2009, with meetings lasting 90 minutes on average, and attendance averaging 86%.
Recurring agenda items included business developments, the group’s finances and treasury, guarantees and endorsements, adoption of financial statements, financial communications, acquisitions and divestments, Danone’s share price, annual business plans and budgets, the annual contribution to danone.communities, corporate governance issues, and reports from the three Board Committees. In 2009, the Board focused particularly on performing its regular review of the group’s finances; studying and monitoring action plans in response to the changing economy; monitoring corporate governance issues under the Afep-Medef Code of Corporate Governance, including a review of the Board’s self-assessments; reviewing divestments, acquisitions and the group’s business plan; and renewing auditor appointments.