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Composition
The Board of Management of SURTECO SE is comprised of two members.
Working methods
The Board of Management of SURTECO SE manages the affairs of the company in accordance with the statutory legislation, the provisions of the Articles of Association and the rules of procedure governing the Board of Management. The Board of Management cooperates with the other corporate bodies of the company in an atmosphere of trust for the benefit of the company and observes the rules of prudent corporate management.
The Members of the Board of Management bear joint responsibility for the entire executive management. They take decisions on all matters in which a resolution has to be taken by the entire Board of Management in accordance with the statutory legislation, the Articles of Association or the rules of procedure, in particular in relation to preparing the annual financial statements and the management report, the convening of the Annual General Meeting and the proposals for passing resolutions by the Board of Management, the periodic reporting to the Supervisory Board, and the business transactions that require the consent of the Supervisory Board.
The Board of Management ensures that a system for appropriate risk management and risk controlling is implemented in the company.
The Board of Management generally passes resolutions at meetings that take place at least once a month and which are convened and chaired by the Chairman of the Board of Management. The Board of Management develops the strategic direction of the company, agrees this with the Supervisory Board, and discusses the status of strategy implementation with the Supervisory Board at regular intervals.
Board of Management and Supervisory Board
The Board of Management provides the Supervisory Board with regular, timely and comprehensive reports on all the issues of planning, business development, the risk position, risk management and compliance relevant to the company. The Board of Management addresses all deviations in the current business situation from the plans and goals that have been prepared and provides reasons for such deviations.
Measures and transactions that can only be carried out with the consent of the Supervisory Board are defined in the rules of procedure for the Board of Management.
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