Annual Report - SIG Combibloc

44 Corporate Governance
Section 4
4.1/4.2
Group Executive Committee
The ceo heads the Group operationally in cooperation with the other Members of the
Group Executive Committee. He is responsible for the development, implementation and
achievement of the business objectives of the Group. The Group Executive Committee
actively supports the ceo in managing the Group. It is concerned with those business
activities that are of significant importance to the entire Group.
The Group Executive Committee is entrusted with the following primary responsibilities:
– Developing and implementing the overall strategy and achieving the overall budget
– Developing and implementing the structures and systems required to manage the
Group
– Optimal utilization of existing resources within the Group
– Exploitation of available synergy potentials within the Group
– Promotion of cross-divisional cooperation and communication within the Group
– Preparation and discussion of subjects and business matters that fall within the scope
of responsibility of the superior authorities
Members of the Group Executive Committee /Other activities and functions
Today, the Group Executive Committee comprises 5 members. Effective end January 2003,
Carlo Venturi, Head SIG Beverages Division, resigned from the Group. His successor,
Ulf Berg, assumed this management position beginning June 2003.
Particulars and information on other activities and functions of the individual Members of
the Group Executive Committee are given below: