Employment contract and severance terms
The full terms and conditions of employment of the members of the Management Board are recorded in individual employment contracts. Members of the Management Board are appointed for periods of four years. If this is considered unreasonable, the relevant director may be eligible for severance pay up to two years’ annual salary.
Source: Annual Report 2009, Chapter Overview & Strategy, page 35 (PDF, 13.679 kB)
Add to My report