USA: two former executives of Skysites, a JCDecaux Airport Division, are charged with defrauding the company
- Paris
Paris, 7 February 2006 - JCDecaux SA (Euronext Paris: DEC), the number one outdoor advertising company in Europe and number two worldwide, learnt today that the United States Attorney for the Eastern District of Pennsylvania in Philadelphia has charged two former executives of Skysites Inc, Joseph Evans and Eric Selby, with defrauding JCDecaux Airport out of $30,000 with improper campaign contributions made without the knowledge of JCDecaux Airport.
Skysites, which became JCDecaux Airport, was acquired by JCDecaux in 1999 as part of the purchase of Havas Media. The incident is said to have occurred in 2000 and 2001. Mr. Evans resigned from the company in June of 2002 and Mr. Selby was immediately suspended when the company learned of his alleged misconduct.
JCDecaux fully cooperated in the U.S. Attorney’s investigation, which resulted in these charges, and will continue to do so. The reported investigation concerns the Company being victimized by these individuals’ improper behavior.
Key figures
- 2005 revenues: €1,745.2m
- JCDecaux is listed on the Eurolist of the Euronext Paris stock exchange, and is part of the Euronext 100 and FTSE4Good indices
- N°1 worldwide in street furniture (318,000 advertising faces)
- N°1 worldwide in airport advertising with 153 airports and more than 300 transport contracts in metros, buses, trains and tramways (207,000 advertising faces)
- N°1 in Europe for billboards (190,000 advertising faces)
- N°1 outdoor advertising company in China (79,000 advertising faces in 20 cities)
- 715,000 advertising faces in 45 countries
- Present in 3,400 cities with over 10,000 inhabitants
- 7,900 employees