The Board of Directors - Role, Function, Members
The Board’s primary function is to exercise the ultimate management of the Group; it makes strategic decisions and defines the general means for achieving the goals it has set, defines the General Meeting agenda and approves the Annual and Semi-Annual reports, as well as the Compensation Report. Decisions regarding the appointment of members to Group Management, as well as resolutions on shareholders’ motions for the General Meeting, will be made by the full Board.
The Board of Directors of Chocoladefabriken Lindt & Sprüngli AG consists of at least five and not more than nine members according to Article 17 of the Articles of Association. If the number of members falls below five, the minimum number of members must only be restored at the next ordinary General Meeting.
As of December 31, 2019, the Board had six members. Ernst Tanner is Executive Chairman of the Board; all other members are non-executive members.