Supervisory Board
In 1987, NORDENIA was converted into a stock corporation. Since then, the Executive Board has managed the company in accordance with German Stock Corporations Regulations. The Supervisory Board advises and monitors the Executive Board in its management of the company. The Supervisory Board and the Executive Board of NORDENIA INTERNATIONAL AG, and the senior executives, identify with the Corporate Governance Code of NORDENIA INTERNATIONAL AG and work together closely in accordance with this Code for the benefit of the company. The Executive Board coordinates the company's strategic orientation with the Supervisory Board and discusses the state of strategy realization with the Supervisory Board at regular intervals.
The Members of the Supervisory Board
Uwe E. Flach, Frankfurt (Chairman)Hermann T. Dambach, Frankfurt (Vice Chairman)
Jordon L. Kruse, Los Angeles
Gerard J. Kerins, New York
Manfred Kasper, Gronau (Employee Representative)
Ewald Unterste-Wilms, Gronau (Employee Representative)
The Stockholders' Meeting
Fundamental decisions concernig the company are made at the Stockholders' Meeting, for example the election of members to the Supervisory Board, amendments to the Articles of Incorporation, and distribution of profits in the form of a dividend. All NORDENIA stockholders may take part. The NORDENIA INTERNATIONAL AG stockholders' meeting is held anually.
