The Qualifications And Conduct Standards For The Chairman Of The Supervisors Board
The Chairman of the supervisory board and the chief executive officer to serve as a third party between the employer and the employees. In the case of the latter, the company’s directors can be disqualified by the general shareholders at a general meeting if they are found to have contravened the code of conduct laid down in the shareholders’ declaration of independence. The code of conduct is also called the corporate code and contains rules on the relationship between the employer and the employees. The code may, for instance, prohibit the involvement of the chief executive officer or the director in any way in the decision making process of the company. It may also require the director or the chairperson to abstain from voting or abstaining from the company’s management meetings. Read more sites.google.com
The Chairmanship of the Supervisors of Companies Act also referred to as the Board of Directors
The chairman of the supervisory board may also be required by the regulations to be a resident of the area of employment. This requirement is based on the fact that the area of employment is an area in which the company carries on business. The regulations may, for instance, require the director to be resident in the locality where the company carries on business. If the director is a company whistle blower then he will not be eligible for the position of the permanent representative. whistle blowers cannot serve as the permanent representative unless they are also given a company whistle blower job. A special job, such as a senior consultant, would be required to be considered for the position of the permanent representative.
The regulations for the qualification and conduct of the chairman of the supervisory board state that the person must be a resident of the United Kingdom. He or she must hold an office of employment in the United Kingdom or be registered under the Companies Act. There are some companies that prefer a lead director chief executive officer to be the chairman of the supervisory board. Such a person may also be required to obtain the services of a private hire solicitor at the termination of his term as the lead director.