SRG revises its corporate structure
SRG intends to phase out its current corporate structure. In the future, the national board of directors will have sole responsibility for strategic management. The boards of directors of the four regional companies will be assigned new management responsibilities. In this way, the delegates aim to adapt the structures to today’s corporate governance requirements.
SRG wants to abandon its current corporate structure. In future, the national Board of Directors will have sole responsibility for strategic management. The Boards of Directors of the four regional companies will be given new management tasks. In this way, the delegates want to adapt the structures to today's corporate management requirements and are thus following a mandate given to SRG by the Federal Council in November 2007.
As the company announced, the SRG delegates in Bern on Wednesday voted 35 to 6 in favor of this approach. SRG intends to present the new statutes by the end of June next year, which should come into force in 2010. As a first step, the national government will now comment on the proposal.
SRG currently still has divided strategic management. The directors of the regional radio and television stations report to their regional boards of directors, but are also members of the national management. However, SRG writes that this intertwined system contradicts the rules of conduct for good corporate governance, which require management with overall responsibility and a gradual delegation of tasks.
General Director Armin Walpen will continue to manage the entire company. The radio and television directors of the four regional companies will report to him. Walpen will no longer be a member of the regional boards of directors.
The new regional administrative boards to be formed should continue to have a right to participate in certain transactions at national level. This includes, for example, decisions on program concepts and the allocation of funds for them, proposals for the election of directors of the various radio and television stations, or proposals for studio locations. The presidents of the new regional boards of directors should continue to be members of the national board of directors. This is essential for mutual information and decision-making in the national Board of Directors, SRG continues.
As the company announced, the SRG delegates in Bern on Wednesday voted 35 to 6 in favor of this approach. SRG intends to present the new statutes by the end of June next year, which should come into force in 2010. As a first step, the national government will now comment on the proposal.
SRG currently still has divided strategic management. The directors of the regional radio and television stations report to their regional boards of directors, but are also members of the national management. However, SRG writes that this intertwined system contradicts the rules of conduct for good corporate governance, which require management with overall responsibility and a gradual delegation of tasks.
General Director Armin Walpen will continue to manage the entire company. The radio and television directors of the four regional companies will report to him. Walpen will no longer be a member of the regional boards of directors.
The new regional administrative boards to be formed should continue to have a right to participate in certain transactions at national level. This includes, for example, decisions on program concepts and the allocation of funds for them, proposals for the election of directors of the various radio and television stations, or proposals for studio locations. The presidents of the new regional boards of directors should continue to be members of the national board of directors. This is essential for mutual information and decision-making in the national Board of Directors, SRG continues.
