Supervisory board

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A Supervisory board is a group of individuals chosen by the stockholders of a company to promote their interests through the governance of the company and to supervise and control the executive directors and CEO.

Germany

In Germany the Aufsichtsrat or Supervisory Board of large corporations is composed of 20 members, 10 of which are elected by the shareholders, the other 10 being employee representatives. The Supervisory Board oversees and appoints the members of the Management Board or Vorstand and must approve major business decisions.


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