According to § 13 of the statutes of the GDCh, the board of directors is responsible for all company matters, unless they are reserved for other organs or institutions of the company by mandatory statutory provisions or provisions of the statutes. The term of office of the board is four years. It consists of 15 members, seven of which belong to the scientific sector (university, research institutions and authorities) and seven to the sector of business and other professions. The 15th member is delegated by the chairmen of the specialist groups and sections for a period of two years. If no elected board member takes over the office of treasurer, the board can transfer this office to a person who is not a member of the board. In this case, the treasurer belongs ex officio to the board, the number of members of which is then 16.
The board elects the Executive Committee from among its ranks, which includes the president, two deputy presidents and the treasurer. The term of office of the President is two years and that of the Vice Presidents is one year. One-time, direct re-election of a deputy is possible.
Prof. Dr. Karsten Danielmeier
Covestro Deutschland AG
Leverkusen
last modified: 10.08.2023 12:00 H from Webmaster