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A Supervisory Board member is appointed for four years and can be eligible for reappointment. The term can never exceed 3 terms of 4 years, in other words, 12 years. The rotation schedule is contained in the Rules of the Supervisory Board (Appendix B). Members. The Supervisory Board consists of five members.
Mitbestimmungsgesetz. Mitbestimmungsgesetz 1976 or the Codetermination Act 1976 is a German law that requires companies of over 2000 employees to have half the supervisory board of directors as representatives of workers, and just under half the votes.
supervisory board (plural supervisory boards) A group of people chosen by the shareholders of a company to promote their interests through the governance of the company and to hire and supervise the executive directors and CEO.
The Financial Stability Board ( FSB) is an international body that monitors and makes recommendations about the global financial system. It was established in the 2009 G20 Pittsburgh Summit as a successor to the Financial Stability Forum (FSF). The Board includes all G20 major economies, FSF members, and the European Commission.
Half the supervisory board in state-owned companies. Slovenia: 1991 Constitution art 75, and 1993 law. 50% - 33.3%: 50: Between a third and a half of seats in companies with supervisory board plus management board member if more than 500 employees; around a third in companies with single tier board Spain: Law 41/1962, repealed 1980: 0%: N/A
Thomas Rabe (2022) Thomas Rabe (born August 6, 1965, in Luxembourg) is a German business executive. [1] In 2006, he was appointed to the Bertelsmann executive board, of which he has been chairman and chief executive officer since 2012. [2] [3] Under his leadership, the group has become more international, more digital and more diversified.
SUPERVISORY BOARD definition: in large companies in some countries, a group of people who meet regularly to approve the decisions…. Learn more.
