3/6/2018 - Komax plans to expand its Executive Committee from 2019
Since the sale of the Medtech business unit in April 2016, Komax has been focussing exclusively on the automation of wire processing. The sale of Medtech also involved a reduction in the size of the Executive Committee. In light of strong growth and the need to ensure continued good corporate governance, Komax is planning to expand its Executive Committee from two to five members with effect from 1 January 2019. Consequently, it is proposing to the Annual General Meeting of 19 April 2018 a total compensation amount payable to an Executive Committee comprising five members in respect of the 2019 financial year.