ANDRITZ's organization and working procedures
The Executive Board of ANDRITZ manages the company. It holds board meetings at regular intervals on essential, Group-relevant topics and individual business areas.
The Executive Board and Supervisory Board, particularly their chairmen, maintain ongoing contact to discuss the company’s development and strategy beyond the scope of the discussions at the Supervisory Board meetings.
The Supervisory Board of ANDRITZ consists of six delegates who are elected at the ordinary shareholders meeting (shareholders' delegates) and three employees’ delegates.
ANDRITZ has adopted the rules of conduct laid down in the Austrian Code of Corporate Governance without restriction and regards the Code as an essential requirement for implementation of responsible company management, which is directed towards creating sustainable and long-term added value and a high degree of transparency for shareholders and other stakeholders. The Executive Board and the Supervisory Board, as well as the entire staff of the ANDRITZ GROUP, are committed to complying with the Code.