Medartis is fully committed to good corporate governance. Its corporate governance principles and rules are laid down in the Articles of Association, the Rules for Organizational Regulations, the Corporate Compliance System including the Code of Conduct, and the Charters of the Board Committees. The company considers the recommendations of the Swiss Code of Best Practice for Corporate Governance.
Our governance structure is based on effective checks and balances. We have a three-tier structure:
- The Annual General Meeting of Shareholders
- Our Board of Directors (BOD)
- The Executive Management Board (EMB).
Shareholders approve the company’s financial statements and other disclosures, as well as compensation for members of our Board and EMB. They also approve the payout policy and elect the company’s Chairman, Board members, Compensation Committee members, Independent Proxy and external auditor.
The BOD holds the company’s ultimate decision-making authority, with the exception of decisions reserved for shareholders. To perform its role as efficiently as possible, the Board of Directors appoints three board committees, each of which has a specific remit.
- The Finance and Audit Committee (FAC)
- The Human Resources & Compensation Committee (HRCC)
- The Strategy & Innovation Committee (SIC)
All members of the Board of Directors are non-executive members.
The EMB, which reports to the BOD, is responsible for operational management, including achieving the company’s financial and strategic objectives.
The external auditor provides their opinion on the compliance of Medartis consolidated statements and other financial information, the Remuneration Report, internal controls over financial reporting, and sustainability reporting with applicable standards and laws.
Below you will find an overview of the BOD and EMB members and the curricula vitae of each.