Of particular significance was the proposal that “the [Group’s] management be enlarged to non-general managing partners in order to guarantee the sustainability as well as collegial nature of its management.”

The resolutions submitted for shareholder vote – 18 in total – were approved by a sizable majority, and the company’s bylaws were amended accordingly. Didier Miraton, head of research and industrial performance, and Jean-Dominique Senard, CFO, were appointed non-general managing partners. Commenting on the changes, Rollier stated he was convinced that he and the two new managing partners, would form “the close and efficient team Michelin needs to rise to the challenges confronting it.”
 
With sales volume showing positive growth during the first part of the year the group is, according to Rollier, looking forward to increases in net sales and operating margin for the remainder of 2007. A payment of a 1.45-euro dividend per share has been approved by the shareholders, with payment taking place on May 15.