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Article L225-47 of the French Commercial code

The Board of Directors shall elect from among its members a Chairman who shall be a natural person, failing which the appointment shall be null and void. It shall determine his remuneration.

The Chairman shall be appointed for a term which may not exceed his term of office as a director. He may be re-elected.

The Board of Directors may dismiss him at any time. Any provision to the contrary is deemed unwritten.

Original in French 🇫🇷
Article L225-47

Le conseil d’administration élit parmi ses membres un président qui est, à peine de nullité de la nomination, une personne physique. Il détermine sa rémunération.

Le président est nommé pour une durée qui ne peut excéder celle de son mandat d’administrateur. Il est rééligible.

Le conseil d’administration peut le révoquer à tout moment. Toute disposition contraire est réputée non écrite.

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