Proposed Changes to Board Structure and Decision-Making Rights

DESCRIPTION

This proposal outlines a series of amendments to enhance Board governance and ensure fair representation. Key changes include the division of Board members into two groups of 5 and 3, granting the right to block significant decisions, and providing full rights to all Board members. It advocates for dual membership, allowing representatives elected from within and outside the European Works Council (EWC). Additionally, it calls for the removal of certain lines regarding majority rules on issue classification and confidentiality, along with equal payment for all Board members.

Download

1 / 1

May 18, 2026

Download Presentation

Proposed Changes to Board Structure and Decision-Making Rights

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

SNB COUNTER PROPOSAL • 1: Division of 8 (5 and 3) • 2: Right to block important decisions (since no 4 and 4) • 3: Full rights for all Board members • Dual membership (reps chosen by and out of EWC) • Certain lines in this proposal to be dropped (majority on classification of issues, majority rule on confidentiality) • Equal payment to all Board members • SNB, 9 November 1999