Audit and Compliance Committee
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| The Audit and Compliance Committee meets and consults regularly with the Management Committee, the internal auditors and the independent auditors to review the scope and results of their work. The internal and independent auditors have full and free access to the Audit and Compliance Committee. The Audit and Compliance Committee reviews the systems of internal control and financial reporting and the compliance with laws and regulations. |
Nomination and Compensation Committee
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| The Nomination and Compensation Committee is entrusted, for example, with the review and recommendation of compensation policies and programs (e.g. incentive compensation and equity plans) as well as with the Chairman's and the CEO's compensation based on their performance as well as the compensation of the members of the Management Committee and key executives. Furthermore, the Nomination and Compensation Committee is permanently evaluating possible persons to become members of the Board of Directors. |
Innovation and Technology Committee
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| The Scientific Advisory Process is a Group-wide internal forum for the enhancement and exchange of scientific ideas, research and development for technologies, applications and processes. The main tasks of this Committee are to support the LIFT (Lonza Innovation for Future Technology) Initiative, to monitor potential technology breakthroughs, to support management in driving innovation projects and to provide and facilitate contacts, e.g. with academia research institutions. |
Management Committee
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| The Management Committee is appointed by the Board of Directors of Lonza Group Ltd. It performs the duties assigned to it by the Board of Directors, either under the terms of the Regulations Governing Internal Organization and Board Committees or additional tasks as delegated. It is responsible for leading Lonza, especially for developing and implementing the Lonza policy and strategy after approval by the Board of Directors. It supports and coordinates the activities of the divisions and the corporate functions. It is also responsible for leadership development and succession planning. |
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