The members of the Executive Committee are appointed by the Board of Directors. Lonza's Executive Committee performs the duties assigned to it by the Board of Directors under the terms of the Regulations Governing Internal Organization and Board Committees. It is responsible for managing Lonza worldwide and for implementing policies and strategies as defined by the Board of Directors. The Executive Committee supports and coordinates the activities of the segments, the operational units, the corporate functions and the global business service organization. The Executive Committee is also responsible for leadership development.
Members of the Executive Committee
New Composition of Executive Committee
On 10 May 2016, Lonza announced that Toralf Haag will leave Lonza after 11 years with the company. As result he stepped down from his role as Chief Financial Officer and his position on the Executive Committee with effect from 30 September 2016. Lonza further announced the appointment of Rodolfo Savitzky as Chief Financial Officer, to replace Toralf Haag with effect from 1 October 2016. As of 1 February 2017 Fridtjof Helemann joined the Executive Committee as Chief Human Resources Officer, extending the Executive Committee to five members.
As of 31 December 2016, the Executive Committee consisted of four members.
|Name||Nationality||Year of Birth||Function|
|Richard Ridinger||German||1958||Chief Executive Officer|
|Rodolfo Savitzky||Swiss||1962||Chief Financial Officer|
|Sven Abend||German||1968||Chief Operating Officer Specialty Ingredients Segment|
|Marc Funk||Swiss||1960||Chief Operating Officer Pharma&Biotech Segment|
Limitation of Number of Mandates
According to Article 26 of the Lonza Articles of Association, no member of the Executive Committee may hold more than:
- one additional mandate in a listed company;
- two additional mandates in non-listed companies;
- five mandates held at the request of Lonza or companies controlled by it; and
- ten mandates in associations, charitable foundations, trusts and employee welfare foundations.
Mandates shall mean mandates in the supreme governing body of a legal entity that is required to be registered in the commercial register or a comparable foreign register. Mandates in different legal entities that are under joint control or in the same beneficial ownership are deemed to be a single mandate. Mandates in companies that are controlled by Lonza or that control Lonza are not subject to the limitation set forth above.
Lonza Group Ltd has not entered into management contracts with companies or natural persons not belonging to the Group.