The BoD: responsible for the management

The BoD is responsible for the management of Vebego. It is its task to come up with and implement Vebego’s long-term strategy and thus anticipate future developments. The BoD takes into account the effects on people and the environment from Vebego’s actions and weighs the relevant interests of several stakeholders: Vebego behaves as a good corporate citizen.

Although the BoD is jointly responsible for the management of Vebego, there is a clear portfolio distribution. A portfolio holder is the first point of contact for the companies’ managing directors regarding topics from the portfolio in question. The portfolio holder can decide on most operational topics himself, but decisions with a significant impact must be made jointly. All directors in principle can represent Vebego towards third parties unless the action falls under a so-called ‘four-eyes principle’.