Operational management of the company is the responsibility of the Management Board, which was newly created as a body in October 2012. The Board of Directors focuses on the company's strategic leadership. It comprises an Executive Director, in this case the CEO of airberlin, and eight Non-Executive Directors. The Board is led by the Chairman.
The Chairman ensures the performance of the Board of Directors and sets its agenda. They also encourage all Members to participate in activities and decision-making. The Board has formed an Audit Committee, Appointments Committee, Remuneration Committee and Finance Committee, each with its own statute.
The Company has established an Audit, a Nominations, a Remunerations, and a Finance Committee each of them meeting regularly under its own terms of reference (CG Report)