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Careers | Investors

Supervisory Board

The Supervisory Board of the Basler AG consists of four members:

Norbert Basler (Chairman)
Prof. Dr. Eckart Kottkamp (Deputy Chairman)
Horst W. Garbrecht
Dr. Mirja Steinkamp

Composition and Compensation

For nominations for the election of members of the Basler Supervisory Board, care is taken that the Supervisory Board, at all times, is composed of members who, as a whole, have the required knowledge, abilities and expert experience to properly complete their tasks and are sufficiently independent. Furthermore, the international activities of the enterprise, potential conflicts of interest and an age limit to be specified for the members of the Supervisory Board is taken into account. To ensure the Supervisory Board's independent advice and supervision of the Management Board, not more than two former members of the Management Board are members of the Supervisory Board and Supervisory Board members do not exercise directorships or similar positions or advisory tasks for important competitors of the enterprise.

In the context of implementing the law for equal participation of women and men in executive positions in the private industry and public services of March 6, 2015, the supervisory board should set objectives for reaching the gender quota in the supervisory board and the management board. The supervisory board decided not to increase the women quota until June 30, 2017. Further information on this subject are given in the declaration of conformity (5.4.1).

Every member of the Supervisory Board of Basler AG take care that he/she has sufficient time to perform his/her mandate. Members of the Management Board of a listed company do not accept more than a total of five Supervisory Board mandates in non-group listed companies. The election or re-election of members of the Supervisory Board at different dates and for different periods of office enables changing requirements to be taken into account. Compensation of the members of the Supervisory Board is specified in the Articles of Association. Due to the present level of compensation a performance-related compensation is not scheduled.

Compensation of the members of the Supervisory Board is published in the Notes of the actual Annual Report.