Board of management

The board of management carries final responsibility for the day-to-day leadership and the performance of the holding company and its operating companies.

The board of management:

• Develops Eneco’s strategy and long-term planning;
• Monitors the company’s risk profile;
• Heads the board of directors;
• Is responsible for the company’s financial statements;
• Evaluates the key performance indicators and business plans of the company divisions and business units.

The board of management is appointed by the supervisory board and is accountable to the supervisory board and the general shareholders’ meeting.

Eneco’s board of management comprises of 6 members. The CEO position currently is vacant. The supervisory board is in an advanced phase of selecting a new CEO for Eneco.

The supervisory board of Eneco advises the board of management and monitors the policy of the board of management and the general status of the holding company and associated businesses. Eneco’s supervisory board has established two committees:

• an RSA committee (Remuneration Selection Appointment);
• an audit committee.

The RSA committee (Remuneration Selection Appointment) selects and appoints the members of the board of management and advises on the remuneration of the members of the board of management and the supervisory board. The audit committee oversees important financial matters. This committee meets quarterly to discuss these matters and meets with the external auditor at least twice a year. The supervisory board submits the annual statements to the general meeting of shareholders for approval.