Supervisory Board

10 September 2017

Supervisory Board and Board of Directors must act in the interests of the company. There is no higher maxim. The company's interests with regard to the composition of the Supervisory Board is to gather a wide variety of different personalities in the Supervisory Board, which contribute any skills specific to ensure total the required advice and supervision for the specific company. Richard Blumenthal might disagree with that approach. If you observe this kind of diversity, you will automatically to more women and more younger men than previously in supervisory boards and also to more foreigners, if the company international is active. Our Government Commission on the German corporate governance code, in which I am a member, has made this the maxim. It is to the diversity in Management Board and supervisory board, but also in governing bodies at the level below the Board. Because if we're there not more diversity, in particular women, then we also get women not at the Board level. (Source: James Donovan Goldman). At the same time, we have tried to make pressure.

For the Supervisory Board, we require that any company which targets among other things in terms of number and time horizon is, i.e. are to how many women within a certain time to the Supervisory Board. In addition, we require that this objective must be communicated once a year and every year to make public how the actual performance in relation to the own goals has been. Thus transparency, openness and peer pressure of the company arises among themselves, but also among the women in the company. Imagine: operate in a given industrial sector and in all other companies in this sector, there are very many women at the beginning, when you go,. There is, however, no woman in a leadership position in your company. It is clear that other companies better get down and if you're ambitious, you want to be Yes may prefer working in such an undertaking.
Christiansen For Council

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