Corporate Governance

Corporate Governance

Ensuring good corporate governance is very important to Komax. Objectives in this area include safeguarding company value and success in the interest of customers, shareholders, staff, creditors, suppliers and the public, as well as the provision of transparent, rapid and simultaneous information to all stakeholder groups. Komax takes as its starting point the principles and regulations of the Swiss Code of Best Practice of economiesuisse and the Directive on Information Relating to Corporate Governance (Directive Corporate Governance, DCG) of SIX Exchange Regulation, and gives account of developments in this area each year in the Annual Report. The key elements are laid down in the Articles of Association, the Organizational Regulations, and the Regulations on the Remuneration Committee and the Audit Committee. In addition, the Board of Directors regularly looks at the issue of corporate governance and initiates the corresponding adjustments where appropriate.



Significant shareholders

Here you can find an overview of major shareholders of Komax Group.

 

Board of Directors

The Board of Directors comprised six individuals as at 12 May 2017. Other than the Chairman, who was elected in May of the reporting year, no member of the Board of Directors was a member of the Executive Committee in the three financial years prior to the reporting period, and no member of the Board of Directors has any material business relationship with any Group companies.


Appointed Term expires
Committees
Beat Kälin, Chairman
2015 2018 RC
Daniel Hirschi, Vice-Chairman       2005 2018 RC (Chairman)
David Dean
2014 2018
AC (Chairman)
Andreas Häberli
2017 2018
 
Kurt Haerri
2012 2018 AC
Roland Siegwart 2013 2018 RC
AC: Audit Committee
RC: Remuneration Committee
Executive Committee 

The Executive Committee of the Group comprises the CEO and the CFO.


Function exercised since
Matijas Meyer, CEO
2015
Andreas Wolfisberg, CFO
1996
Committees

Within the Board of Directors, there are two committees that are exclusively made up of non-executive
Board members.
 

Risk management

The risks associated with the Group’s commercial activities are systematically identified, analyzed, monitored and managed through an institutionalized risk management function. These risks are amalgamated into groups according to their nature, namely general external risks, business risks, financial risks, risks arising in connection with corporate governance, and IT risks. The Executive Committee is responsible for the operational side of risk management, whereby specially appointed process owners are assigned responsibility for the management of key individual risks. These process owners take specific measures and monitor their implementation. Every year, the Executive Committee informs the Audit Committee of the risks identified and measures taken as part of risk management activities.

 

Management transactions

Published notifications can be found on the according webpage of SIX Swiss Exchange.