Corporate Governance
Corporate Governance
Board of Directors DPG Media Group
The responsibilities of the Board of Directors
The Board of Directors is responsible for the general strategy of DPG Media, annually approves the operating and investment budgets, supervises financial affairs, and decides on any acquisitions. The Board meets at least four times a year according to a fixed schedule and also whenever the interests of the group so require. Although, according to the articles of association, decisions of the Board are in principle taken by majority, in practice this is done by consensus.
Remuneration Committee
Audit Committee
The responsibilities of the Remuneration & Audit Committee
Two specific committees have been set up within the Board: Firstly, there is the Remuneration Committee which assesses the remuneration policy of the group's main directors and executives. Its members are Ludwig Criel, Jeanine van der Vlist, and Christian Van Thillo. The second committee is the Audit Committee which monitors the preparation of the accounts and the internal and external control procedures. The Audit Committee consists of Ieko Sevinga, chair, Emmanuel Van Thillo, Bernadette de Béthune, and Christophe Convent.
Structure of DPG Media Netherlands
DPG Media endorses the importance of proper corporate governance and the value of transparency in structure and operations. DPG Media BV is a statutory two-tier company with an Executive Board and an independent Supervisory Board. Below are the main features of the current structure.Supervisory Board DPG Media The Netherlands
The responsibilities of the Supervisory Board
The supervisory board oversees the financial health of the organisation and risk management at DPG Media BV. In relation to DPG Media BV’s board of directors, the supervisory board acts as a sounding board and advisory body. The supervisory board consists of five members. Two of these members were appointed on the recommendation of DPG Media Services NV, the parent company of DPG Media BV: Ludwig Criel and Ieko Sevinga. In addition, one member was appointed on the recommendation of Stichting Democratie en Media (Democracy & Media Foundation): Annetje Ottow. One member will be appointed on the recommendation of the staff council. Lastly, Anita Nijboer was appointed to chair the supervisory board on the recommendation of the supervisory board’s other members.