Feintool - Board of Directors

Board of Directors

The Board of Directors of Feintool International Holding AG currently comprises five members. At its first meeting after the AGM, the Board of Directors meets to elect a Chairman and Deputy Chairman, and also appoints the Secretary, who is not required to be a member of the Board of Directors or a shareholder. The Board of Directors meets as often as business requires, but no less than four times per year.

The current Chairman is Alexander von Witzleben. Dr. Michael Soormann is elected as Deputy Chair. The term of office of the Chairman and Deputy Chair corresponds to their term of office as members of the Board of Directors, unless specified otherwise by a resolution of the Board of Directors.

In accordance with Article 14 of the Articles of Incorporation, the term of office for members of the Board of Directors is one year. For this purpose, one year is understood to be the period from one Annual General Meeting to the next. There are no restrictions on the re-election of members of the Board of Directors. The Board of Directors should comprise individuals with business experience and an entrepreneurial mindset. The criteria for new elections to the Board of Directors are determined by the Compensation and Nomination Committee. It prepares the choice of candidates in accordance with the list of criteria that has been drawn up. Members of the Board of Directors are not subject to any age limits. 

You can find further information on the members of the Board of Directors and the Board’s working methods in the Corporate Governance section of our current Annual Report.