Dr. Joerg Wolle was re-elected Chairman of the Board of Directors for a one-year term.On the closing date the Board of Directors comprised eight members.
h�bbd```b`�p���@$�|�&߃Hvv�4 DJ��H�`Y0) R�*�b��������Mc`$������ � �G , endstream endobj startxref 0 %%EOF 386 0 obj <>stream The Honorary Chairman can take part in the meetings as an advisor. In 1990 he joined ABB AG, ultimately being the Chief Financial Officer from 1997 until 2002; from 2002 until 2004 he was the Chief Executive Officer of Diethelm Keller Group, Zurich. Thomas Staehelin was the Chairman of the Audit Committee on the closing date, and Karl Gernandt, Dr. Renato Fassbind, and Dr. Martin C. Wittig were members. There he held positions in corporate and/or retail banking in Germany, Asia and the USA. The Kuehne + Nagel Group once again saw a considerable improvement to its results in the 2019 business year. Link copied With the 2019 report we look back to a successful period of having achieved our environmental goals, focused on our social and governance topics by increasing transparency and behaviours. Follow Kuehne + Nagel on. Re-election is possible.The Chairman and the members of the Board of Directors, each, as well as the members of the Compensation Committee are elected by the General Meeting. Members of the Management Board can take part in Nomination and Compensation Committee meetings by invitation.Risk management is a fundamental element of the Group’s business practice at all levels and covers different types of risks. At today's Annual General Meeting (AGM) of Kuehne+Nagel International AG, all proposals were approved by a large majority. This allows proposing the timely introduction of any corrective actions to the Management Board.Dr. David Kamenetzky was newly elected to the Board of Directors for a one-year term. As per the Organisational Rules the responsibilities and competences relating to the operational management are transferred to the Management Board. Read full story Services KN PharmaChain - Pharma and Healthcare Logistics. 3 STATUS REPORT ECONOMIC ENVIRONMENT In 2019, the Kuehne + Nagel Group (the Group) expanded its global leading position in Seafreight with 4.9 million TEUs managed in container traffic. The Kuehne+Nagel Group has published its Sustainability Report 2019. Since December 2012 Hauke Stars is member of the Executive Board, Deutsche Boerse AG. The General Meeting elects one of the members of the Board of Directors as Chairman of the Board of Directors. In 2004 Hauke Stars joined Hewlett Packard Netherlands B.V., Utrecht, as member of the Country Management Board. Between 2016 and 2019, Mr. Kamenetzky was the Chief Strategy & External Affairs Officer and a Member of the Executive Board of Management of the Anheuser-Busch Inbev SA / NV (AB InBev), a globally leading consumer goods company. Since July 2019, he is Chief Executive Officer of Joh. Preventive and risk-reducing measures to control risks are proactively taken on different levels and are a fundamental part of the management responsibility. Since June 6, 2013, Dr. Joerg Wolle is member of the Board of Directors of the Kuehne Holding AG, Schindellegi (Feusisberg), Switzerland. The Committee’s Chairman informs the other members of the Board of Directors about the topics discussed in detail and decisions to be submitted to the entire Board of Directors for approval.The main responsibilities of the Audit Committee with regards to the external auditors are:With regards to the internal audit function of the Group, the Audit Committee has the following responsibilities:With regards to the tasks of the Management Board the Audit Committee has the following responsibilities:The Chairman’s Committee consists of the Chairman, the Vice Chairman and the Honorary Chairman of the Board of Directors for the period of their tenure in the Board of Directors. The Chairman’s Committee advises the Board of Directors on the financial performance of the Group, its economic development and measures of optimisation as well as of any other significant developments within the Group. The entire Board of Directors, however, is responsible for decisions on such above-mentioned aspects that are of significant importance to the Group.Certain tasks of the Board of Directors have been delegated to the Chairman and comprise the following:The Board of Directors usually convenes for a two day meeting quarterly with the Management Board being represented by the CEO and the CFO.
More about Kuehne+Nagel’s risk management can be found in Annual Report 2019, page 16 and page 100. He is also a member of the Board of Trustees of the Kuehne Foundation.Other significant activities: Chairman of the Board of Directors of Klingelnberg AG, Switzerland; Member of the Board of Directors of OLAM International Limited, Singapore.After graduating as Master in business administration at the University of St. Gallen, Switzerland, Karl Gernandt worked for Deutsche Bank AG from 1988 to 1996.
The Board of Directors can invite other members of the Management Board to attend these meetings at its discretion.
After his studies he worked as a lecturer at the Technical University of Berlin and in project finance for the mining industry. EBIT was up 7.5% at CHF 1.1 billion, exceeding the billion-CHF mark for the first time. “In a changing market, we continued to see our strategy yield success.