Text und Bild
Board of Directors The Board of Directors is responsible for the
overall management and supervision of the Siegfried Holding AG: It appoints the CEO and the members of the Executive Committee and defines and supervises the strategic goals of the company.
Board Independence Statement
In accordance with the Siegfried Group Board Regulations, the Chairman of the Board of Directors, the Chairman of the Audit Committee as well as the majority of the members of the Board of Directors must be non-executive and independent. In line with the Swiss Code of Best Practice, the members of the Board of Directors are considered non-executive and independent if they (i) are currently not members of the Executive Committee and have not belonged to the Executive Committee in the last three years, and (ii) have no or only relatively minor business relations with Siegfried.
Board Diversity Statement
The Board of Directors fully embraces the Diversity, Inclusion and Equality Policy of the Siegfried Group.
For the composition of its Board of Directors, Siegfried aims to achieve and maintain an appropriate balance of skills and knowledge, taking into account the core and adjacent business fields of the pharmaceutical industry in which Siegfried is active, its international orientation, the accounting and legal requirements of listed companies, as well as the growing need for Board level expertise in the fields of compensation, digitalization and sustainability. A diverse Board with different views improves decision-making and ensures sustainable decision-making and long-term success in the interest of all our stakeholders.
Hence, the Board of Directors considers and values a variety of individual criteria of its members, including industry experience, experience in executive and management functions, knowledge in finance and accounting, governance, compliance and law, expertise in ESG and information technology, as well as gender and other diversity criteria. In accordance with the Diversity, Inclusion and Equality Policy of the Siegfried Group, Siegfried strives to achieve a gender diversity with women representing no less than 30% of its Board members.
The Board regularly conducts a self-assessment of the performance of its members as well as its processes and organization, with the target to improve the governance, enhance efficacy, identify gaps in the skill sets and diversity and define future priorities.
Current Board Composition
The Board of Directors of Siegfried Holding AG currently consists of seven non-executive members from four different countries. Two of the seven members of the Board of Directors are female (quota of 29%). All members of the Board of Directors of the current term of office 2022/2023 qualify as non-executive and independent within the meaning of the Swiss Code of Best Practice for Corporate Governance. None of the current members ever held a position in the Executive Committee of Siegfried or any other company of the Siegfried Group, nor did they, or the companies or organizations they represent, ever have any significant business relationship with Siegfried.