MTG’s Executive Management comprises the Chief Executive Officer (CEO) and the Chief Financial Officer (CFO) and other key executives.
Biographical information on each executive is provided here.
Chief Executive Officer The CEO is responsible for the ongoing management of the Company in accordance with the guidelines and instructions established by the Board.
The CEO and the Executive Management team, supported by the various employee functions, are responsible for the adherence to the Group’s overall strategy, financial and business control, financing, capital structure, risk management and acquisitions. Among other tasks, this includes preparation of financial reports and communication with the stock market and other issues. The Company guidelines and policies issued include financial control, communication, brands, business ethics and personnel policies.
There is an operational board for each of the business areas. The Chief Executive Officer chairs the operational board meetings, which are attended by the Executive Management of the relevant business areas and the Chief Financial Officer and the Chief Operating Officer.
Executive remuneration The current guiding principles for executive remuneration were approved by the Annual General Meeting 2013.
The remuneration paid to the Group’s Executive Management, as well as information about the beneficial ownership of the Company shares and other financial instruments are set out in Note 25 of the Annual Report 2012.
Share based long-term incentive plans The Group has three outstanding share based long-term incentive programmes, decided upon in 2010, 2011 and 2012. The incentive plans three years are available for download in the right column. For further information regarding the incentive plans, click here or read Note 25 in the 2012 Annual Report.
For the Executive remuneration guidelines approved by the 2013 Annual General Meeting click here.