Corporate Governance
The Board of Directors of Metall Zug AG is responsible for the strategy and orientation of the group, as well as for the supervision and monitoring of the management. The management is the responsibility of the senior management, unless the law, statutes or regulations provide otherwise. The senior management does not include any members of the Board of Directors. The corporate governance of the Metall Zug Group is outlined in detail in the Annual Report.
Metall Zug AG is a holding company with a portfolio of industrial shareholdings and holds both directly controlled Business Units and strategic minority shareholdings. The Business Units have their own Management Boards, which run the respective Business Units operationally and have comprehensive management authority and business responsibility. Metall Zug AG is responsible for overall management and strategic direction and performs other holding tasks.
Rules and regulations
The Metall Zug Group complies with all the legal and regulatory requirements for corporate governance in Switzerland the Group is subject to, including the principles of the “Swiss Code of Best Practice for Corporate Governance” from economiesuisse.