Shareholders
Duties
Shareholders appoint
their representatives (directors) individually
(not as a whole) holding a secret ballot election.
These representatives may be recommended by
the shareholders, BoD, or even by staff members
or their representatives. The Directors should
however meet the requirements stated below.
The Directors' executive
pay is also submitted to the shareholders who
make a decision through a secret ballot procedure.
The same procedure is applied as regards possible
"severance" allowance paid to Directors
and seniors executives (transparency).
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Shareholder structure
at the end of Year 2023
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© ECOFINE.COM, Bernard Jaquier, Professor Emeritus & Dr Honoris Causa EHL, Lausanne, Switzerland,2024
