1957 executive Chairman, Swiss
From 1976 to 1983 held various positions in Swiss banks, including Bank Leu AG, Zurich, from 1983 to 1998 Senior Partner and CFO of Glencore International AG, Baar; from 1994 to 2001 CEO and Managing Director of Xstrata AG, Zug. He is a board member of Sika AG, Charles Voegele Holding AG, Sulzer AG, Model Holding AG, Julius Bär Holding AG and chairman of Trinsic AG.
1943, CEO, Swiss
From 1959 to 1994 held different positions with banks in Switzerland and abroad, including 12 years in the general management of Swiss Volksbank and then served as CEO of LBBW Switzerland AG, a subsidiary of the Landesbank Baden-Würtemberg AG from 1995 to 2006. Walter Geering is a financial analyst, has a management degree from the University of Zurich and is on the board of Tiberius Asset Management, Zug.
1947, non executive director, Swiss
Held various positions in the Swiss Machine Industry from 1978 to 1996. Since 1997 Chairman and Managing Director of Fabrel AG, Hergiswil. Hans Müller has over twenty-eight years of experience in portfolio management and is on the board of various privately held companies. He holds a University degree of St. Gallen (lic.oec. HSG).
Within the limits defined by the Board of Directors, Company management has the overall responsibility for the monitoring of investments, finance and reporting as well as the day-to-day operations. The Board of Directors defines investment strategy and asset allocation from time to time in conformity with its Articles of Association and its Investment Guidelines. The directors are elected for 1 year terms.
The Company is committed to the principle of good corporate governance and follows corporate governance standards as set by law, the SWX Swiss Exchange guidelines and by its own Articles of Association.
The Company pays neither a management fee nor a performance fee for management of its portfolio to third parties.