Compensation policy 2017
For the Board of Directors, the compensation policy is designed to ensure their independence in exercising their supervisory duties and foresees a fixed compensation only.
For the Executive Committee, the compensation policy is designed to attract, motivate, and retain talented individuals, along the following principles:
- –Fairness and transparency
- –Pay for performance and strategy implementation
- –Long-term orientation and alignment to shareholders’ interests
- –Market competitiveness