The supervisory board is one of the company’s executive bodies and consists of 50% representatives of the shareholders (members of the municipal authority and the city council) and 50% employee representatives. The representatives of the shareholders are sent to the supervisory board (by resolution of the municipal authority). The employee representatives (this group consists of representatives of the trade unions, employees of VGF, and a representative of the management employees of VGF) are elected by the employees of VGF. The supervisory board mainly performs monitoring and inspection tasks. As a result, one of its most important tasks is monitoring the management with regard to legality, regularity, expediency, and profitability. The supervisory board also adopts the inspected annual accounts and passes the budget of VGF. The supervisory board generally meets twice during each half of the calendar year. In addition to the members of the supervisory board, the management, experts, and other persons providing information (such as auditors), as well as a representative of the shareholdings department and the auditing authority of the City of Frankfurt am Main participate in these meetings.
Currenty there are no changes. We hope you enjoy your trip!