Executive Committee (EC)

Management approach

Until the end of the financial year 2022/23 dormakaba acted through customer-centric regions and sales organizations for its Access Solutions (AS) business, supported by Global Functions to secure efficiencies of scale and to capture business synergies in product development, product management, and operations.

Effective 1 July 2023, dormakaba introduced a streamlined Executive Committee setup to amplify the strategic focus on core and customer-centricity. All AS business is combined into one global unit led by the newly introduced role of Chief Commercial Officer (CCO). The new unit includes all AS activities related to sales, services and marketing as well as the product management for Access Hardware Solutions and Access Automation Solutions. The company’s seven key markets (North America, Germany, Switzerland, Australia and UK & Ireland) report directly to the CCO. The new Chief Innovation Officer (CIO) role, also effective as of the start of FY 2023/24, leads all global engineering capabilities and is responsible for dormakaba’s innovation strategy, including the platform and connectivity initiatives through the EntriWorX ecosystem. The Chief Operations Officer (COO) function continues to ensure plant productivity and factory network optimization with lean manufacturing and optimized direct and indirect spend. The President KWO continues to have the entrepreneurial responsibility for the KWS segment, including product development, production, sales, and services. Further, he is responsible for the OEM business of the former Region Asia Pacific. The CFO is responsible for the Group’s financial affairs as well as other Group functions such as Investor Relations. Further global corporate functions such as Strategy, Human Resources, IT, and Legal define and monitor Group-wide standards.

EC dormakaba Group as of 30 June 2023¹

EC members as of 30 June 2023

EC members as of 1 July 2023

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 2022/23, the following changes within the EC have been made:

• Christina Johansson joined dormakaba on 1 December 2022 as CFO and EC member, succeeding Kaspar W. Kelterborn who acted as interim CFO since 1 April 2022.
• Magin Guardiola joined the EC as CMPO as of 1 April 2023 and transitioned to the role of CIO as of 1 July 2023.
• Alwin Berninger, CMPO and EC member, and Mathias Mörtl, COO and EC member, left their roles on 31 March 2023.
• Andy Jones, President Asia Pacific and EC member, left his role on 11 May 2023.
• Andreas Häberli, CTO and EC member, left his role on 30 June 2023.

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 §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 AGM votes on compensation.