Strategic Audit Board of Directors for Adidas AG - Paper Example

2021-08-25 18:48:11
3 pages
625 words
University/College: 
Wesleyan University
Type of paper: 
Course work
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The Board of Directors (BOD) at Adidas AG is comprised of 16 members as required by the German Co-Determination Act (Adidas Group, 2018). Ten of the BOD members are in the companys Supervisory Committees. Although they have diverse nationalities, majority of the board members are Germans (The Wall Street Journal, 2018). The following are the members of the Adidas AG BOD:

Igor Landau

Landau is the Chairman of the Board of Directors.

He is a pensioner, having retired from full-time career in the year 2016 (The Wall Street Journal, 2018).

He was appointed to the BOD in 2004, and he became its chairman in 2009.

Landau comes from France.

He is a member of the General Committee, Steering Committee, Nomination Committee, Finance and Investment Committee, and Mediation Committee.

Sabine Bauer

She has been the Deputy Chairwoman of the BOD since 2009.

Bauer is an internal board member working at Adidas AG.

She was appointed to the BOD in 1999.

She is German

Bauer is a member of Steering Committee, General Committee, Finance and Investment Committee, and Mediation Committee

Willi Schwerdtle

Schwerdtle has been the Deputy Chairman of the BOD since 2009

He is an external BOD member, working as an Independent Management Consultant

He has been a member of the BOD since 2004

Schwerdtle is a German

He is a member of Steering Committee, General Committee, Nomination Committee, and Mediation Committee

Ian Gallienne

This is an external BOD member working at Groupe Bruxelles Lambert in Belgium.

He was appointed to the board in 2016.

Gallienne is French

He is a member of Audit Committee

Dieter HauensteinHauenstein is an internal BOD member.

He was appointed to the board in 2009

Hauenstein is a German national

He is not a member of any BOD committee

Dr. Wolfgang Jager

Jager is an external BOD member working at the Institute for Social Movements at the Ruhr Universitat Bochum,.He also works in the Expert Commission Cultures of memory of social democracy of Hans-Bockler-StiftungHe was appointed to board in 2009

He is German

He is a member of Audit Committee, and Finance and Investment Committee

Dr. Stefan Jentzsch

This is an external member working as a Corporate Finance Consultant

He was pppointed to the board in 2007

Jentzsch is German.

He is also not a member of any committee.

Herbert Kauffmann

Kauffmann is an external BOD member working as an Independent Management Consultant

He was appointed to the BOD in 2009

He is German

Kauffmann is the Chairman of the Audit Committee

Katja Kraus

She is an external BOD working at Jung von Matt

She was appointed to Board in 2014

She is a German

Kraus does not belong to any BOD committee.

Kathrin Menges

Menges is an external member working at Henkel AG & Co. KGaA.

She was appointed to the BOD in 2014

She is a German

She is a member of the Nominations Committee

Udo Muller

Muller is an internal member of the board.

He was appointed to the board in 2016

He is a German

He is not in any committee

Roland NoskoNosko is an external member working at Industrial Union IG

He was appointed to the board in 2004

He is a German

He is a member of the General Committee

Hans Ruprecht

Ruprecht is an internal BOD member

He was appointed the board in 2002

He is a German

Ruprecht is a member of Audit Committee

Nassef Sawiris

He is an external member working at OCI N.V., Amsterdam, Netherlands

Sawiris was appointed to the BOD in 2016

He is an Egyptian

He does not belong to any BOD committee

Heidi Thaler-Veh

Thaler-Veh is an Internal Member

She was appointed to the board in 1994

She is a German

She is a member of the Mediation Committee

Kurt Wittmann

Wittmann is an internal BOD member

He was appointed to the board in 2016

He is a German

He is not a member of BOD committee

 

References

Adidas Group. (2018, January). Supervisory Board. Retrieved from https://www.adidas-group.com/en/group/supervisory-board/

The Wall Street Journal. (2018, January). ADDYY Company Profile & Executives - adidas AG ADR - Wall Street Journal. Retrieved from http://quotes.wsj.com/ADDYY/company-people

 

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