![]() The Corporate Executive Board is responsible for the implementation of the corporate strategy, for the establishment of conditions governing business operations and for financial guidance. They issue directives for their area within the context of legal and regulatory requirements, the relevant regulations and the Group directives valid for the Group as a whole. The members of the Corporate Executive Board are responsible for setting objectives, financial planning, HR management and achievement of objectives within their area. The members of the Corporate Executive Board have a direct management role with functional management responsibility for cross-divisional competencies. The organisation and division of tasks within the Corporate Executive Board generally reflects the key business areas and functions. The Corporate Executive Board can form committees to address specific areas and can delegate competencies to such Corporate Executive Board committees. The Group CEO, together with the Corporate Executive Board, works out the long-term objectives and strategic orientation of the Group for submission to the Board of Directors and, based on the resolutions of the Board of Directors, ensures the goal-oriented leadership and development of the Group. The Group CEO directs the business operations of the Group. Information about the Corporate Executive Board ![]()
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