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Bühler follows international standards of corporate governance
Bühler follows international standards of corporate governance
As a non-listed, family-owned but economically significant company, Bühler has decided to give special attention to the design of its corporate governance. As a consequence, Bühler’s corporate governance goes far beyond the statutory requirements of the Swiss Corporate Law and incorporates to a great extent the recommendations contained in the “Swiss Code of Best Practice for Corporate Governance” issued by economiesuisse.
Bühler’s Articles of Incorporation set material parameters of the corporate governance system. The Articles of Incorporation are complemented by Bühler’s Organizational Regulations, which further specify the responsibilities, competences and regulations of the governing bodies of the Company.
Unless prescribed by law or the Articles of Incorporation, the management is delegated by the Board of Directors, with the power to sub-delegate to the Chief Executive Officer, the Executive Board and its members. Separate Charters specify the organization of its two Board Committees (Remuneration and Audit Committee).
The Board of Directors has also issued a Regulation governing the cooperation between the Board of Directors, the CEO / Executive Board and the Urs Bühler Innovation Fund.
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