Board

The Company has a one-tier Board, comprising one Executive Board member, the CEO, and a majority of Non-Executive Board members. The Board has ultimate responsibility for the management, general affairs, direction and performance of the business as a whole. The CEO conducts the day-to-day management.

Executive and Non-Executive Board members are appointed by the General Meeting of Shareholders. The Non-Executive Board members appoint the Executive Board member as the CEO and can at any time revoke such appointment. The Board appoints one of its Non-Executive Board members as Chairman of the Board.

Composition of the Board

Board Committees

 

See also...