Governance
MCH Group's Board of Directors annually approves the remuneration principles for the employees and determines the remunerations of the members of the Board of Directors and the Executive Board. It submits maximum aggregate remuneration amounts of the members of the Board of Directors and the Executive Board to the Annual General Meeting for approval.
The Board of Directors' resolutions on remunerations are made at the request of the Governance, Nomination and Compensation Committee (GNCC), which performs the duties of a Remuneration Committee and whose members are elected annually by the Annual General Meeting.
On 04.05.2023, the Annual General Meeting elected the following members of the Board of Directors as members of the GNCC for the term of office until the Annual General Meeting 2024:
- Marco Gadola, Chair
- Jeffrey Palker
- Raphael Wyniger
- Andrea Zappia
In the business year 2023, the GNCC treated remuneration topics at seven meetings and conference calls. The Chairman of the GNCC informed the Board of Directors about the work of the GNCC and submitted the GNCC's proposals at the Board meetings following the GNCC meetings. The Board of Directors passed resolutions regarding remuneration at six meetings in the business year 2023.
The Group CEO and the Group CFO attend the meetings of the GNCC in an advisory capacity. They are not present at the discussions and resolutions concerning their own performance and compensation.
In the past two years, the GNCC involved PricewaterhouseCoopers AG (PwC) to provide advice on specific remuneration matters.
Further information on the function of the GNCC may be found in the “Corporate Governance” section of the Annual Report under “Organization & Management” | “Specialist Committees of the Board of Directors”.
Online: Link
Download pdf: Page 43
Information on the members of the Board of Directors
Shares held by members of the Board of Directors
Information on the number of shares in MCH Group Ltd. held by members of the Board of Directors as per 31.12.2023:
Activities of the members of the Board of Directors
Activities in other undertakings as per 31.12.2023 pursuant to Art. 734e Code of Obligations:
Andrea Zappia
- EssilorLuxottica | Member of the Board of Directors and Chairman of the Nomination and Compensation Committee (NNC)
- MultiChoice Group | Member of the Board of Directors
- Sky Showtime | Chairman of the Board of Directors
- Sky Group | Executive Vice President and Chief Executive Officer New Markets and Business
Marco Gadola
- DKSH Holding AG | Chairman of the Board of Directors
- Medartis Holding AG | Chairman of the Board of Directors
- WS Audiology Ltd | Chairman of the Board of Directors
- Straumann Group | Member of the Board of Directors, Chair of the Human Resources & Compensation Committee
- Bühler Group| Member of the Board of Directors
- AVAG Anlage und Verwaltungs AG | Member of the Board of Directors
- Endeavour Vision Ltd | Operating Partner
Markus Breitenmoser
- Breitenmoser & Partner GmbH | Shareholder and Partner
- MCBM Beteiligungen AG | Chairman of the Board of Directors
- Novelteak AG | Chairman of the Board of Directors
Dr. Dagmar Maria Kamber Borens
- State Street Bank International GmbH | Member of the Executive Management Board
James R. Murdoch
- LUPA Systems | Founder and Owner
- Tesla | Member of the Board of Directors
- Dia Art Foundation | Member of the Board of Directors
Jeffrey Palker
- Tribeca Enterprises | Member of the Board of Directors
- AWA Studios | Member of the Board of Directors
Raphael Wyniger
- Wyniger Management AG / Wyniger Group | Managing Owner
- KKL Luzern | Member of the Board of Directors
Details of the members of the Board of Directors may be found in the “Corporate Governance” section of the Annual Report under “Board of Directors”.
Online: Link
Download pdf: Page 53
Information on the members of the Executive Board
Shares held by members of the Executive Board
Information on the number of shares in MCH Group Ltd. held by members of the Executive Board as per 31.12.2023:
Activities of the members of the Executive Board
Activities in other undertakings as per 31.12.2023 pursuant to Art. 734e Code of Obligations:
Florian Faber
- None
Michael Hüsler
- None
Details of the members of the Executive Board may be found in the “Corporate Governance” section of the Annual Report under “Executive Board”.
Online: Link
Download pdf: Page 60
