The CEO directs the business operations of the Group. The CEO, together with the Corporate Executive Board, works out the long-term objectives and strategic orientation of the Group for consideration by the Board of Directors and, based on the resolutions of the Board of Directors, ensures the goal-oriented leadership and development of the Group.
In addition to its statutory duties, the Board of Directors is responsible, in particular, for the ultimate direction of the Group, including determination of strategy as well as supervision of the Corporate Executive Board.
The members of the Corporate Executive Board are responsible for setting objectives, financial planning, HR management and achievement of objectives within their division.
