GermanBoardRoom think tank meeting focuses on requirements for professional supervisory board activities Dusseldorf, February 23, 2010 the German Board room GmbH (\”GBR\”) is an independent service provider for elected representatives in Aufsichtsgremien of German companies and organizations. GBR’s mission is to assist the Board of Directors and to make safe their work in the country and abroad. Regularly, will be published on the website new information and instructions for supervisory board members. ThinkTank-meetings are meetings of the GBR management team with the GBR.Advisors and interested guests. \”The coalition agreement of the parties of the Federal Government refers in the statement?\”We support the professionalisation of the Supervisory Board’s work\” on further, urgent need for action, \”as Peter H. stretch, Managing Director of GermanBoardRoom GmbH however the parties see the action mainly in points, based on the current analysis of the financial crisis, such as: right of scrutiny of the annual general meeting in Management Board compensation, the waiting period for the change of Board members to the Supervisory Board and the size of the supervisory bodies at all.
The challenges and issues for supervisory boards are much more complex and the actual quality requirements on members of supervisory bodies go much further as it suggests the coalition agreement. Newspapers such as the FTD bring it to the point: \”The time of the coffee – and Abnickrunden is over,\” headlined an article about the consequences of a high judgment on damages of the medium. The requirements for supervisory board members were also through the \”accounting law modernisation Act (BilMoG) (published in the Federal Gazette: Xaver/start.