HOCHTIEF

 

Supervisory Board members

Shareholders
Manfred Wennemer (Chairman)
Ángel García Altozano
Abdulla Abdulaziz Turki Al-Subaie
Thomas Eichelmann
Marcelino Fernández Verdes
Pedro López Jiménez
José Luis del Valle Pérez
Dr. h.c. Eggert Voscherau
Employee representatives
Ulrich Best (Deputy Chairman)
Gregor Asshoff
Johannes Howorka
Nikolaus Graf von Matuschka
Siegfried Müller
Gerrit Pennings
Olaf Wendler
Klaus Wiesehügel


Mode of Operation of Supervisory Board

The Supervisory Board oversees and advises the Executive Board in heading up the corporation's business. The Supervisory Board is involved in all decisions of fundamental importance to the company. At regular intervals the Supervisory Board discusses business development and planning, strategy and implementation. The Supervisory Board approves the Consolidated Financial Statements of HOCHTIEF Aktiengesellschaft and the Group, with due consideration for auditing reports from the CPA performing the final audit and the outcome of audits performed by the Audit Committee.

The Supervisory Board makes decisions by resolution.

When the Supervisory Board votes, the Chairman has the casting vote, according to the rules of the Codetermination Act, if a second round of voting also ends in a draw.

According to the bylaws of the Supervisory Board, the Board shall institute the following committees:
Executive Committee
Nomination Committee
Human Resources Committee
Audit Committee
Strategy Committee
Mediation Committee

The committee chairs reports regularly to the Supervisory Board concerning the work of their committees.


 
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