A clearly structured and fully implemented corporate governance system is our highest priority.
Good corporate governance is the basis for our decision-making and control processes and comprises responsible, value-based management and monitoring focused on long-term success, goal-oriented and efficient cooperation between our Managing and Supervisory Boards, respect for the interests of our shareholders and employees, transparency and responsibility in all our entrepreneurial decisions and an appropriate risk management system.
Management & Control Structure
As a German stock corporation with a registered office in Munich, Siemens Healthineers is subject to German corporate law. Consequently, the Company has a two-tier management and oversight structure consisting of a Managing Board and a Supervisory Board (two-tier board structure).
Siemens Healthineers' two-tier board structure
German Corporate Governance Code
The objective of the German Corporate Governance Code is to make the dual German corporate governance system transparent and understandable. The Code includes principles, recommendations and suggestions governing the management and monitoring of German listed companies that are accepted nationally and internationally as standards of good and responsible governance. It aims to promote confidence in the management and supervision of German listed companies by investors, customers, employees and the general public.
The Governmental Commission German Corporate Governance Code is in charge of the Code and reviews it on a continuous basis against the background of national and international developments concerning Corporate Governance principles.