Corporate governance

Corporate governance defines the decision-making systems through which owners, directly or indirectly, control a company. For an investment company like Rettig Group, and its owners, good corporate governance is fundamental – both to Rettig Group’s own organisation, as well as to the companies that we own.

Rettig Group is directed and controlled through the Board of Directors of Rettig Group, which is supported by its audit committee, the Rettig Group President and CEO together with his or her management team including Group business leaders and key Group functions. As an investor and owner, Rettig Group is responsible for the integrated overall Group strategy, value creation, mergers and acquisitions, financing, investor relations, investment prioritisation and financial resource allocation.

Subsidiaries

Subsidiaries of Rettig Group are managed in a decentralised way through relatively independent companies. They are managed within the framework of Rettig management policies and procedures set by Rettig Group Board of Directors. Subsidiaries have an operational business role and are responsible for their respective business strategies, operations and profitability development, employee, customer and supplier relations etc. This decentralised governance model gives management responsibility to the operational management closest to business realities with a deep understanding of the industry specific business rationale, market and customer needs.

Other holdings of Rettig Group

Other companies owned by Rettig Group operate independently of Rettig Group in regards of all the roles and key processes described under “Subsidiaries”.

Ownership structure » Risk management »
Board of directors » Group management »