Board and committees

Board of Directors

The Board is the ultimate governance body of the Company and is responsible for the ultimate supervision of the Group. The Board attends to all matters which are not reserved to the General Meeting or another governance body of the Company by law, the Articles of Association or internal regulations.

Board of Directors - Board Regulations - November 2015 (pdf, 550 Kb) 


Committees

Chairman’s and Corporate Governance Committee

Our Chairman’s and Corporate Governance Committee liaises between the Chairman and the full Board, acts as a consultant body to the Chairman and CEO, and regularly reviews aspects of our Governance. It also advises on financial matters.

Chairman's and Corporate Governance Committee Charter - April 2016 (pdf, 200 Kb)

Nomination and Sustainability Committee

Our Nomination and Sustainability Committee (NSC) ensures our managerial sustainability and oversees the long-term succession planning of the Board, its independence and self-evaluation. It ensures an appropriately wide net is cast on key successions.

Nomination and Sustainability Committee Charter - April 2016 (pdf, 200 Kb)

Compensation Committee

Our Compensation Committee sets our remuneration principles and prepares the proposals for remuneration. In 2015, we implemented the new Swiss ‘say on pay’ law both in letter and in spirit. Our proposals were adopted with large majorities of our shareholders. Our Compensation Report explains our compensation system and pay-outs. It is submitted annually to an advisory vote of our shareholders.

Compensation Committee Charter - April 2014 (pdf, 175 Kb)

Audit Committee

Our Audit Committee oversees internal and external audit, financial reporting, compliance and risk management, and paid special attention to cyberlaw and quality this year.

Audit Committee Charter - April 2015 (pdf, 190 Kb)



Committee memberships



Chairman's and corporate governance committee Compensation committee Nomination and Sustainability committee Audit committee
Peter Brabeck-Letmathe Chairman Member
Paul Bulcke Member


Andreas Koopmann Member Member Chairman
Beat Hess Member Chairman

Steven George Hoch

Member
Naïna Lal Kidwai


Member
Jean-Pierre Roth
Member

Ann Veneman

Member
Henri de Castries


Member
Eva Cheng


Member
Ruth Khasaya Oniang’o

Patrick Aebischer Member

Renato Fassbind Member

Chairman