At Nethys, the president is better paid on vacation than when he works

Alongside the Ogeo and Integrale files, another “irregularity” has been identified by the Walloon administration. It concerns the compensation of Chairman Laurent Levaux and Vice-Chairman Bernard Thiry.

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By Xavier Counasse and Joel Matriche

Published on 08/26/2022 at 06:00
Reading time: 4 mins

Lhe Walloon administration in charge of controlling mandates seems to have carefully checked the income for the year 2020 of public administrators. Because alongside the Ogeo and Integrale files (read elsewhere), she identified another “irregularity” by going through the amounts declared by the directors of the Liège company Nethys. Are concerned, in this case, the president Laurent Levaux and the vice-president Bernard Thiry. The governance decree grants, for these two key positions on the board of directors (CA), a maximum fixed remuneration of 34,133 euros per year for the presidency (amount 2020), and 75% of this sum for the vice-presidency. The other directors must make do with a token of 213.36 euros per meeting.

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