The chosen Corporate Governance model revolves around the founding partners Alain Taravella and Jacques Nicolet, additional controls are imposed by external large shareholders through a Supervisory Board and independent members are also significantly involved.
Altarea is a limited stock company with two types of partners:
- General partners, who have the power to appoint management.
- Limited partners, these are shareholders whose responsibilities are limited by their stake as in limited companies, they also share in dividends according to the size of their holdings.
The Company is managed and administrated by a management team led by the Founding President, Alain Taravella. Permanent management control is implemented through a Supervisory Board, the powers of which are strengthened through the articles of association and a variety of committees: the audit committee, the investment board and the management and remuneration committee.