The management of our company rests with the Executive Board.
The Executive Board’s responsibilities include the policy and business progress within the Company and with this the achievement of the goals, strategy, profit development and the social aspects of doing business that are relevant for the Company.
The Executive Board is also responsible for the compliance with legislation and regulations, the management of the risks coupled with the company’s activities and the financing of the Company. The Executive Board discusses the internal risk management and control systems with the Supervisory Board and the Audit Committee.
In the Corporate Governance chapter you can read more about the appointment of board members, remuneration and other rules related to the executive board.
Changes in management of the company in 2018
As of 1 January 2018 there has been a change in the management of the company: the executive board was reduced to two members and an executive leadership team (ELT) was established. The Executive Board consists of the Chief Executive Officer and the Chief Financial Officer. The Executive Leadership Team consists of the two members of the Executive Board, the Presidents of the four business groups and the President of FrieslandCampina China (which is not a Business Group). Additionally, a number of corporate functions (Human Resources, Research & Development and Corporate Supply Chain) are included in the Executive Leadership Team.
|Chief Executive Officer||Hein Schumacher|
|Chief Financial Officer||Jaska de Bakker|