Altran Case

Topics: European Union, Term, Time Pages: 4 (1019 words) Published: November 27, 2012
Altran ID

Altran is a European consulting firm created in France in 1982, by Alexis Kniazeff and Hubert Martigny. Leader in high technologies consultancy, it operates primarily in technology & innovation consultancy (about 50% turnover), administrative & information consultancy (33%) and strategy & management consulting (17%). The Group's mission is to assist companies in their efforts to create and develop new products and services. Altran is a key player in different sectors as Aerospace, Automotive, Energy, Railway, Finance, Healthcare and Telecoms sectors. In 2011, Altran had reached a turnover of 1.4 billion €, employing more than 15 000 employees with 200 branches in 20 countries to serve 500 major clients worldwide.

The Altran group governance is held by an Executive Committee and a Board of Directors since June 2008. Philippe Salle (Chairman and Chief Executive elected by the members of the Board of Directors).

The Management Committee is made of members from the Executive Committee. Executives from the Geographies, the Industries and the Solutions and several Group Directors including Purchasing, Communications, Legal, Marketing and IT.

The shares of the company are divided as follow :
* 18.5 % are owned by the two founders and some members from the Executive Committee * 7.2 % are owned by the Altran Director Funds
* 74.3 % are traded on the public stock exchange (where the principal shareholder is Apax Partners)
Concerning the stakeholders, Altran operating at an international level, we can find a numerous variety : governments, employees, customers, experts, owners, investors…

The Scandal

In 2002, 3 staff members from Altran (Michel Friedlander, Frédéric Bonan and Alain Rougagnou) were suspected of theft, breach of trust, active and passive corruption, attempts of blackmail and manipulation of stock exchange quotations. The COB filed a complaint against the board of directors for dissemination of false...
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