Executive Committee (EC)

Management philosophy

dormakaba delegates entrepreneurial responsibility for operational business to segment level. The corresponding management organization is based on decentralized responsibility where appropriate and therefore rapid decision-making structures situated close to local markets. This helps to keep activities focused on the customer. Group functions like Accounting, Communications, Controlling, Human Resources, IT, Legal, Tax and Treasury define and monitor Group-wide standards and are responsible for functional, Group-wide projects. The CFO is responsible for the Group’s financial affairs as well as other Group functions such as IT and Group Development. The COOs are responsible for the business activities of their respective segments, including product development, production, sales, and services. Group Innovation Management focuses on digitization as well as Intellectual Property Management and is strategically managed at EC level by the CTO (Chief Technology Officer). Until the end of June 2020, the CMO (Chief Manufacturing Officer) was responsible for the global purchasing as well as the supplier management and advised and supported the segments in optimizing the production and supply chain. As of 1 July 2020, the CMO role was discontinued and the respective responsibilities were reassigned within the organization.

EC dormakaba Group as of 30 June 2020

EC members as of 30 June 2020

EC members

The table above gives the name, position, year of birth, date of joining the EC, gender, and nationality of each EC member.

During the financial year 2019/20, the following changes within the EC have been made or announced:

• The dormakaba BoD appointed Steve Bewick as COO of the Segment Access Solutions EMEA as of 1 January 2020. He followed Roberto Gaspari, who decided to leave the company after almost 20 years in various management and leadership roles, to take up a new professional challenge outside of dormakaba.
• The dormakaba BoD appointed Alex Housten as COO of the Segment Access Solutions AMER as of 1 July 2020. He followed Michael Kincaid, who will continue to support dormakaba in a Senior Management role.
• Jörg Lichtenberg, CMO, stepped down from his position and as EC member as of 30 June 2020. He will take up a new professional challenge outside of dormakaba.

External mandates

The maximum number of mandates that members of the EC are allowed to take on the governing bodies of legal entities outside dormakaba is regulated in section 27 of the Articles of Incorporation.

Management contracts

Neither dormakaba Holding AG nor its Group companies have entered into any management contracts with third parties.

Compensation

The compensation policy and all the information relating to the compensation paid to the company’s management bodies are shown in the Compensation Report. Sections 22–25 and 28 of the Articles of Incorporation contain rules relating to compensation principles, loans to governing bodies, and General Meeting votes on compensation.