The Board and the Management

The Board

The Board is composed of the following members:

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Alex Mandl (1943) American

Non-executive, non-independent Board member, Chairman of the Board.

Appointed: December 2, 2007 for four years until the AGM of 2011 (first term).

Executive Chairman from June 2, 2006 until December 2, 2007.

Chairman of the Nomination and Governance committee.

Lead director, chairman of the audit committee and member of the governance committee of Dell Inc, non-executive chairman, chairman of the nomination and governance committee and member of the audit committee of Horizon Lines.

Prior to June 2, 2006, Alex Mandl served as President and CEO of Gemplus from September 2002 to June 2006. From April 2001 through August 2002, he was a principal in ASM Investments focusing on technology investments. Previously, he served as chairman and CEO of Teligent, a company he started in 1996, offering the business markets an alternative to the local Bell Companies for telecommunication and internet services. From 1991 to 1996, Alex Mandl was with AT&T where he served as President and Chief Operating Officer with responsibility for long distance, wireless, local communications and internet services. Prior to his President/COO position he was AT&T’s CFO. Between 1987 and 1991, he was chairman and CEO of Sea-Land Services, Inc., the world’s leading provider of ocean transport services. In 1980, he joined Seaboard Coastline Industries, a diversified transportation company, as Senior Vice President and CFO. He began his career in 1969, when he joined Boise Cascade Corp., as a merger and acquisition analyst, and he held various financial positions during the next eleven years. Until September 2010, Alex Mandl was board member and chairman of the leadership and compensation committee of Hewitt Associates and board member and member of the audit committee and of the finance committee of Visteon Corporation.

Alex Mandl holds an MBA from the University of California at Berkeley and a BA in economics from Willamette University in Salem, Oregon.

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Olivier Piou (1958) French

Executive Board member and Chief Executive Officer, non-independent.

Appointed: February 17, 2004, reappointed at the AGM of 2008 for four years until the AGM of 2012 (second term).

Member of the board of directors of Alcatel-Lucent and of Institut National de Recherche en Informatique et en Automatique (INRIA) the French national institute for research in computer science and control. Olivier Piou has been CEO of Gemalto since its creation in 2006.

He was previously CEO of Axalto, from 2004 to 2006. In 2004 he successfully introduced Axalto, at that time a division of Schlumberger Limited, to the stock market through an IPO, and in 2006 conducted the merger of Gemplus and Axalto which formed Gemalto. He graduated in Engineering from the Ecole Centrale de Lyon, in 1980, joined Schlumberger in 1981, and held numerous positions across technology, marketing and operations in France and in the US until 2004. From 1998 onwards he was in charge of the smart cards business. From 2004 to 2006 he was a member of the board of directors of Axalto, and from 2003 to 2006 was President of Eurosmart, the international non-profit association based in Brussels, which represents the chip card industry. Olivier Piou is a knight of the Legion of Honor in France.

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Buford Alexander (1949) American

Non-executive, independent Board member.

Appointed: May 20, 2009 for four years until the AGM of 2013 (first term).

Member of the Strategy and M&A committee. Member of the board of Viking River Cruises, Ltd.

Member of non-profit boards including the Holland America Friendship Foundation (chairman), the American Chamber of Commerce in the Netherlands (president emeritus), and the Fulbright Commission in the Netherlands.

Until 2008, Buford Alexander was a senior director of McKinsey & Company, where he pursued a consulting career for more than 30 years. He was a leader of McKinsey’s European banking practice and later of McKinsey’s European high-tech practice, and founded McKinsey’s European Corporate Finance practice (restructuring, M&A, turnarounds and post-merger management). He has spent much of the last years designing and leading the transformation of global European multinationals. Amsterdam has served as his European base since 1983. Buford Alexander holds a Bachelor’s degree in mathematics and economics from Rice University in Houston, Texas, as well as a MBA degree from the Harvard Business School. In May 2001, Queen Beatrix granted him the Royal Distinction of Officer in the Order of Oranje-Nassau.

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Philippe Alfroid (1945) French

Non-executive, independent Board member.

Appointed: May 19, 2010 for four years until the AGM of 2014 (first term).

Member of the Audit committee Chairman of the supervisory board of Faiveley Transport.

Board member of Essilor International and Eurogerm.

Until mid-2009, Philippe Alfroid was Chief Operating Officer of Essilor International, the world leader in ophthalmic optics. He joined the company when it was created in 1972 and has held several operational and senior management positions, including that of group CFO. In the 90s, he was chairman and CEO of Sperian a leader in personal protective equipment. Philippe Alfroid is an engineering graduate from ENSEHRMA Grenoble and holds a Master of Science from the Massachusetts Institute of Technology.

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Kent Atkinson (1945) British

Non-executive, independent Board member.

Appointed: May 11, 2005, reappointed at the AGM of 2009 for four years until the AGM of 2013 (second term).

Member of the Audit committee and of the Strategy and M&A committee. Senior independent director and chairman of the audit committee of Coca-Cola HBC SA.

Non-executive director and chairman of the group audit and compliance committee of Standard Life plc, and a member of its risk & capital committee and its investment committee.

Senior independent director, chairman of the audit committee and a member of the risk committee of UK Asset Resolution Limited (which includes Northern Rock (Asset Management) plc and Bradford & Bingley plc).

Kent Atkinson originally joined the Bank of London and South America (later acquired by Lloyds Bank) and held a number of senior managerial positions in Latin America and the Middle East before returning to the UK. He was Regional Executive Director for Lloyds TSB’s South East Region until he joined the main board as Group Finance Director, a position he held for eight years until his retirement as an executive. He remained on the Lloyds TSB board for a further year as a non-executive director. Until April 2005 Kent Atkinson was the senior independent director, chairman of the audit committee and a member of the remuneration and nominations committees of Cookson Group plc, and until November 2007 he was the senior independent director, chairman of the audit committee and a member of the remuneration and nominations committees of Telent plc (previously Marconi Corporation plc). He was also chairman of Link Plus Corporation Inc until April 2008. He was non-executive director of Millicom International Cellular SA and a member of its audit and compensation committees until May 2010.

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Geoffrey Fink (1969) French

Non-executive, independent Board member.

Appointed: June 2, 2006, reappointed at the AGM of 2008 for four years until the AGM of 2012 (second term).

Member of the Compensation committee and of the Strategy and M&A committee.

Geoffrey Fink is based in Dubai where he is a Managing Partner and Head of Investments for Delta Partners Group, a leading emerging markets-focused TMT advisory firm.

From December 2000 through September 2010 he was a London-based Partner of TPG Capital, LLP. From May 1998 to December 2000, he was a Vice-President and subsequently Senior Vice-President with Security Capital Group. Between August 1999 and December 2000, Geoffrey Fink was also Chief Operating Officer, head of the Management committee, and board member of Access Space. In 1993 and from 1995 to 1998, he was a Consultant and then Engagement Manager with McKinsey & Company in London. Prior to joining McKinsey, he worked in the M&A departments of both Goldman Sachs in London and PaineWebber in New York. Geoffrey Fink was previously a director of Gemplus until June 2, 2006 and has served on the board of Eutelsat S.A., Eden Springs Ltd., and various private companies. Geoffrey Fink is a member of the New York Bar. He received a Bachelor of Arts degree summa cum laude from Yale University, a Juris Doctoris degree magna cum laude from Harvard University and a Master’s degree focused on international business from the Fletcher School of Law and Diplomacy.

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Johannes Fritz (1954) German

Non-executive, non-independent Board member.

Appointed: June 2, 2006, reappointed at the AGM of 2009 for three years until the AGM of 2012 (second term).

Chairman of the Strategy and M&A committee and member of the Audit committee.

Head of the Quandt Family office since June 2000. Johannes Fritz studied at Mannheim University (MBA) and New York University (post-graduate).

He then spent two years with Bertelsmann (assistant to CEO) and subsequently five years at KPMG covering financial institutions and industrial companies (CPA). In 1989 he joined the Quandt Family office. From 1990 to June 2000 he was responsible for all financial questions and running the day-to-day business (managing director). Johannes Fritz was previously a director of Gemplus until June 2, 2006.

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John Ormerod (1949) British

Non-executive, independent Board member.

Appointed: June 2, 2006, reappointed at the AGM of 2009 for four years until the AGM of 2013 (second term).

Chairman of the Audit committee and member of the Compensation committee.

Chairman of Tribal Group PLC, a UK-listed company. Senior independent, non-executive director and chairman of the audit committee of Misys plc and director and chairman of the audit committee of Computacenter plc, UK listed companies.

Non-executive director and chairman of the audit committee of ITV plc, a UK-listed company. Trustee of the Design Museum. John Ormerod is a UK chartered accountant and since 2004 has been a director of a number of private and public companies. He retired as a partner in the UK firm of Deloitte & Touche LLP in 2004 where he was Practice Senior Partner London. After graduating from Oxford University, Mr. Ormerod joined the London office of Arthur Andersen where he remained until he joined Deloitte in 2002. He led the development of the firm’s European capability in Telecoms, Media and Technology (‘TMT’) as industry leader and member of the Global TMT Industry team executive. He was elected Andersen’s UK managing partner for 2001-2002. John Ormerod was previously a director of Gemplus until June 2, 2006.

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Arthur van der Poel (1948) Dutch

Non-executive, independent Board member.

Appointed: May 1, 2004, reappointed at the AGM of 2008 for four years until the AGM of 2012 (second term).

Chairman of the Compensation committee and member of the Nomination and Governance committee.

Chairman of the supervisory board of semiconductor equipment maker ASML and member of the supervisory boards of engineering company DHV and soccer club PSV Eindhoven.

Arthur van der Poel is a graduate of the Eindhoven Technical University. Upon graduation, he worked for the research and development group of Dutch PTT and then went on to work for the International Telecommunication Union in Indonesia. In 1984, he began working at Philips Semiconductors where he held different marketing and management positions and became chairman and CEO in March 1996. In May 1998, he was appointed member of the management board of Royal Philips Electronics. He remained a member of Philips’ group management committee until he retired from Philips on April 1, 2004.

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Michel Soublin (1945) French

Non-executive, independent Board member.

Appointed: February 17, 2004, reappointed at the AGM of 2007 for four years until the AGM of 2011 (second term).

Member of the Nomination and Governance committee and of the Strategy and M&A committee.

Director, Ligue Nationale contre le Cancer Michel Soublin joined Schlumberger in 1973 and has held several positions in the financial sector and management in Paris, New York and Moscow, including from 1983 to 1990, CEO of Schlumberger’s e-Transactions subsidiary (Smart cards, POS terminals, service station equipment and parking divisions), financial director of Oilfield Services from 1996 to 1998, Schlumberger Group Treasurer from 2001 to February 2005 and financial advisor from 2005 to 2007. Michel Soublin retired from Schlumberger in July 2007. Michel Soublin is a graduate of the Institute of Political Studies (IEP) and of the Faculty of Law and Economics in Paris.

Members of the senior management

The senior management is composed of the following senior managers:(*)

Paul Beverly (1962) American
Executive Vice-President, Corporate Marketing & President North America

Paul Beverly began his career as a Marketing Manager within the Schlumberger group. Over the course of his 19 years within Schlumberger, he held various management positions in operations, marketing and sales in North America and in France. From 1999 to 2003, he was Vice-President in Test & Transactions for Schlumberger in North America, while also serving as Chairman of the Smart Card Alliance. He was President of the Americas from April 2003 until June 2006. Paul Beverly holds Business and Economics degrees from Auburn University and the Management Program at Harvard University.

Philippe Cabanettes (1955) French
Executive Vice-President, Human Resources

Philippe Cabanettes worked with Schlumberger for 23 years and has held different positions of worldwide responsibility for human resources in the petroleum, industrial and services sectors in France, Italy and the US. From 1997 to 2001, he was Director of Personnel of the Resources Management Services division of Schlumberger. In May 2001, he became the Director of Personnel of Schlumberger’s Volume Products business. In May 2004, he became Vice President Human Resources for Axalto. He has been the Executive Vice President Human Resources of Gemalto since July 2006. Since 2002, Philippe Cabanettes has served as President of PartnerJob.com, a non-profit, cross-industry organization facilitating Dual Career management. Philippe Cabanettes is a graduate from Institut d’Etudes Politiques in Paris (Sciences-Po) and holds a Master in Economics from Université de Paris X.

Philippe Cambriel (1958) French
Executive Vice-President, Secure Transactions Business Unit

Philippe Cambriel began his career at Aerospatiale in 1983. From 1989 to 1996, he held various sales and marketing positions at Compaq in France and in Germany. From 1996 to 1998, he was General Manager for IPC in France before managing the PC and Intel server unit of Bull. In 1998 he was appointed Chief Officer, sales and marketing at Bull CP8. From 2001 to 2003, he was Vice-President of Schlumberger’s e-Transaction Cards business. In April 2003, he was appointed President of Schlumberger’s Smart Cards business for Europe, the Middle East and Africa. Philippe Cambriel is a graduate from the Ecole Nationale Supérieure de l’Aéronautique et de l’Espace (Sup’Aéro) and has an MBA from INSEAD.

Jean-Pierre Charlet (1953) French
Executive Vice-President, General Counsel and Company Secretary

Jean-Pierre Charlet was admitted to the Bar in Paris where he began his career in law firms in 1974. From 1981 to 1996, he held positions within the Legal Departments of Société Métallurgique Le Nickel-SLN, Schlumberger group, Pinault Printemps Redoute group and Carnaud-Metalbox. He subsequently served as General Counsel of Synthélabo, Deputy General Counsel of Sanofi-Synthélabo and General Counsel of Rexel. He joined Gemalto in June 2005. Jean-Pierre Charlet holds a Master in Law from Université de Paris X and a Master of Comparative Law from Georgetown University in Washington D.C.

Claude Dahan (1947) French
Executive Vice-President, Operations

Claude Dahan began his career with the Office National d’Etudes et de Recherches Aérospatiales (ONERA) in 1977, and served as Vice-President of a research center until 1982. Between 1982 and 2001, he held various management positions in Schlumberger’s many different businesses, including research and engineering, marketing and production in both France and the USA. From 2001 to 2002, he was the Vice-President in charge of marketing and product development for Schlumberger. In January 2003, he became Vice-President of Schlumberger’s Smart Cards business. Claude Dahan is a graduate from the Ecole des Mines de Paris, has a PhD in physics and fluid mechanics, and holds an advanced management degree from INSEAD.

Martin McCourt (1962) Irish
Executive Vice-President, Strategy, Mergers and Acquisitions

Martin McCourt previously served as President of Gemalto’s South Asia operations. Prior to this position, he was also President of Gemplus Asia. In this capacity, he was responsible for the whole of Asia. He has 20 years of experience in the Telecom sector, working in Europe, the US and China. He has held leadership roles in R&D, Sales and Marketing, Operations, Strategy and M&A and was Vice President of Corning Cable System’s worldwide Project Services business. Martin McCourt has a Master of Business Administration from INSEAD, a Ph.D in Integrated Optics from the Institut National Polytechnique in Grenoble and a Bachelor of Electronic Engineering from University College Dublin.

Christophe Pagezy (1958) French
Executive Vice-President, Corporate Projects

Having joined Schlumberger in 1983 as a project engineer, Christophe Pagezy held various operational, technical and business positions in France and Italy within that company until 2001. Between 2001 and 2002, he was business development manager for Schlumberger’s Volume Products and Global Market Segments business. In June 2002, he became Vice-President of Schlumberger’s Terminals division and in May 2004 Vice-President Business Development in charge of Mergers and Acquisitions and of the POS Terminal division of Axalto. Christophe Pagezy is a graduate from the Ecole Supérieure d’Electricité (Supelec) and from the Massachusetts Institute of Technology (MIT).

Jacques Sénéca (1959) French
Executive Vice-President, Security Business Unit

Previously, Jacques Sénéca was in charge of Gemalto’s European operations. Prior to these appointments, he served as head of the ID & Security Business Unit, as well as head of Business Development Unit. He joined Gemplus in 1989 as Project Manager. He has held several management positions such as Products Department Manager, General Manager for Sales and Manufacturing Operations in Germany, General Manager for the Telecom Business Division, Executive Vice President for Gemplus Marketing & Technology and General Manager of Gemplus’ GemVentures Services Unit. He was also a member of the Gemplus Executive Committee. Prior to joining Gemplus, he worked with STMicroelectronics where he held various positions in the fields of manufacturing, marketing and business development. Jacques Sénéca holds a Degree in Engineering from Ecole Nationale Supérieure d’Arts et Métiers (ENSAM – Paris, France) and a Business Administration degree from the IAE of Aix-en-Provence in France.

Jacques Tierny (1954) French and Swiss
Chief Financial Officer

Jacques Tierny began his career as a trader. He then spent 23 years in different finance positions at Michelin in France and abroad, where he became the Group Deputy CFO. In 2003 he joined the retail group Casino as Group CFO, later becoming Casino’s Executive Deputy General Manager. Since January 2007, Jacques Tierny was heading the Valuation and Strategic Finance practice at KPMG Corporate Finance in Paris. He joined Gemalto in September 2007. Jacques Tierny graduated in 1977 from the HEC School of Management in Paris and later from the International Management Program from New York University and the Mestrado from Gétulio Vargas in São Paulo.

Philippe Vallée (1964) French
Executive Vice-President, Telecommunications Business Unit

Philippe Vallée was previously Chief Technology Officer of Gemplus, heading the Product and Marketing Center. Prior to this appointment, he had served as Vice-President Marketing and then President of the Telecom Business Unit of Gemplus. He was previously based in Singapore as Executive Vice-President of Gemplus Technologies Asia. He has more than 21 years of experience in the Telecom industry and held various positions within Gemplus in the fields of marketing, product management and sales. Prior to joining Gemplus, he began his career with Matra Communication (now Lagardère Group) in France as a product manager on the first generation of GSM mobile phones. Philippe Vallée is a graduate from the Institut National Polytechnique de Grenoble (Engineering degree in Telecom and Microelectronics) and from the ESSEC Business School.

  • (*)
  • Situation as of the date of this Annual Report
  • (*)
  • HSE: Health, Safety & Environment.
  • (**)
  • WCE: World-Class Enterprise.
  • (***)
  • Situation as of the date of this Annual Report.