The term of office of the Supervisory Board is generally five years. When proposing candidates for election to the Supervisory Board, particular attention is paid to the knowledge, skills and professional experience required to perform the duties, as well as to the diversity of the Supervisory Board's composition.
In order to perform its duties efficiently, the Supervisory Board has set up an Executive Committee consisting of three members, which performs advisory and preparatory tasks and has decision-making authority within the framework of the rules of procedure for the Supervisory Board.
The Executive Committee is responsible for preparing the meetings of the Supervisory Board and coordinating the work of the Supervisory Board as well as advising on the strategic perspective, orientation and further development of the company. It prepares the decisions of the Supervisory Board in the area of corporate governance and decides on the adjustment of the annual Declaration of Conformity.
The members of the Executive Committee are Dr. Thomas Tochtermann (Chairman of the Executive Committee), Barbara Pfeiffer and Andreas Karpenstein.
The Supervisory Board has also formed a Personnel Committee. The Personnel Committee prepares the Supervisory Board's decision on the appointment of Executive Board members, the election of the Chairman of the Executive Board and the determination of the Executive Board's remuneration structure as well as the remuneration, including target agreements, of the individual Executive Board members.
Within the framework of the rules of procedure for the Supervisory Board, the Personnel Committee has, in particular, the authority to pass resolutions on the following matters:
The members of the Personnel Committee are Dr. Thomas Tochtermann (Chairman of the Personnel Committee), Dr. Junyang (Jenny) Shao and Sven Terpe.
The Audit and Finance Committee is particularly responsible for monitoring accounting and the accounting process, the effectiveness of the internal control system, the internal risk management system, the internal audit system, compliance as well as the external audit of the accounts. It may exercise the special rights of inspection and audit to which the Supervisory Board is entitled pursuant to Section 111 (2) German Stock Corporation Act for this purpose. The Audit and Finance Committee makes a recommendation to the Supervisory Board for its proposal to the Annual General Meeting on the appointment of the auditor. On behalf of the Supervisory Board, it decides on the agreement with the auditor and, in particular, on the audit engagement, determinations of audit focus points and fees. It also takes appropriate measures to determine and monitor the independence of the auditor. Prior to their publication, the Audit and Finance Committee consults the management board on the quarterly and semi-annual reports and all interim reports, if such interim reports are deemed necessary. The Audit and Finance Committee also prepares the meetings and decisions of the Supervisory Board on the annual budget and the three-year planning of the TOM TAILOR Group.
The members of the Audit and Finance Committee are Otmar Debald (Chairman of the Audit and Finance Committee), Yun (Joann) Cheng and Kitty Cleijne-Wouters.
Here you find time and place of the next annual general meetintg of the TOM TAILOR Group as well as the documents, agenda items, and information about last year’s meeting.
We aim to build on TOM TAILOR Holding SE being an attractive growth stock. Further current information can be found here.