Boards & Committees

The Supervisory Board conducts its work both in plenary sessions and in individual committees. It has created the following four committees from among its members:

The Presiding Committee prepares Supervisory Board meetings and decisions relating to personnel matters. It takes decisions in place of the Supervisory Board on employment and pension contracts for Executive Board members as well as additional Executive Board matters and regularly discusses and reviews the remuneration system for the Executive Board. The Committee also regularly discusses long-term succession planning for the Executive Board. In addition, the Commitee examines the efficiency with which the Supervisory Board performs its duties and has a competence to decide instead of the Supervisory Board in urgent matters.  

Members:
Prof. Dr. Reinhard Pöllath (Chairman)
Michael Herz
Thomas Holzgreve
Thorsten Irtz

The Audit Committee prepares Supervisory Board decisions on the determination of the annual financial statements, the approval of the consolidated financial statements and agreement with the auditor. In addition, the Committee advises and supervises the Executive Board in the context of accounting.

Members:
Prof. Dr. Eva Eberhartinger (Chairwoman)
Dr. Andreas Albrod
Thomas Holzgreve
Prof. Dr. Reinhard Pöllath
Volker Schopnie

 

The Mediation Committee, formed in accordance with § 27 (3) of the Mitbestimmungsgesetz (German Co-determination Act), submits proposals to the Supervisory Board regarding the appointment of Executive Board members in cases where the required two-thirds majority was not reached in the first round of elections.

Members:
Prof. Dr. Reinhard Pöllath (Chairman)
Elke Gabriel
Thomas Holzgreve
Thorsten Irtz

The Supervisory Board formed in accordance with section 5.3.3 of the German Corporate Governance Code a Nomination Commitee. The Nomination Commitee is composed of shareholder representatives and proposes suitable candidates to the Supervisory Board for recommendation to the Annual General Meeting.
 
Members:
Prof. Dr. Reinhard Pöllath (Chairman)
Prof. Dr. Eva Eberhartinger
Thomas Holzgreve

Dr. Dr. Christine Martel