Board of Directors

The Board is composed of 11 Board members, 10 of whom are independent according to the Swiss Code of Best Practice for Corporate Governance and the criteria laid out by the Dow Jones Sustainability Indices (DJSI). Furthermore, the company has established a policy that the majority of Directors on the Board shall be independent. Board members are expected to attend all regular meetings. 

With regard to Board composition, the Nomination, Compensation and Governance Committee considers diversity (including but not limited to: origin, ethnicity, domicile, gender, age and professional background) as well as such other factors necessary to address current and anticipated needs of the Company.