Monday, March 28, 2016

Berger (CFDT): remuneration of Carlos Tavares is “not legitimate” – Le Point

Laurent Berger (CFDT) said Sunday that the remuneration of executive Carlos Tavares PSA Peugeot Citroën, which reached more than five million euros in 2015, was “not legitimate,” adding that the employees had also “significantly” contributed to the recovery of the automotive group.

“This wage style caused great harm to social cohesion,” said the secretary general of the CFDT, guest of the show BFM Policy. The chief executive of PSA Peugeot Citroen won in 2015 5.24 million euros, almost double the previous year, according to documents released Friday.

“Obviously PSA recovers, as better, obviously in part thanks to its leaders, but also greatly thanks to the efforts of employees and the wealth created by workers “, argued Laurent Berger. He called for “decency”, saying that legislation to cap executive salaries was not necessarily a “response”. “I would dream of individual behavior that allows to abandon it,” he said.

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