As at 31 December 2016
CEO of the Feintool Group and
Head of System Parts segment
Degree (Dipl.-Ing.) in mechanical engineering, university of applied sciences
CFO Feintool Group
Dr. oec. publ. in Business Management from the University of Zurich
In accordance with the Ordinance against Excessive Remuneration in Listed Companies Limited by Shares ("ERCO"), Group Management consisted of two members as of December 31, 2016. The management structure can be found in the organizational chart shown in section 1.1.1 on page 97 of this report.
Other activities and commitments are also listed above in section 4.1.
According to Article 18b of the Articles of Association, members of the Board of Directors, Group Management and, where applicable, the Advisory Board may not hold or exercise more than (i) 8 additional, paid mandates, of which no more than 4 at companies whose equity securities are listed on a stock exchange, and (ii) 8 unpaid mandates, expense allowances not being deemed to constitute compensation.
"Mandate" denotes activity on the most senior management or administrative organs of other legal entities that are required to be registered in the commercial register or a comparable register abroad and that are not controlled by the company or do not control the company. Mandates at various companies belonging to the same corporate group shall count as one mandate. Mandates fulfilled by a member of the Board of Directors or Group Management on the instructions of a Group company shall not fall under the restriction on additional mandates.
There are no management contracts between the Feintool Group and third parties.