Haldor Topsoe A/S has defined a two-tier management structure where the Board of Directors supervises the performance of the company, its management (Executive Committee), and organization on behalf of the shareholders. It also participates in formulating, revising and reviewing the company strategy.
The Executive Committee, ExCo, is responsible for the daily operations of the company and ExCo representatives are present in each of the Board Committees.
The Board of Directors and the Executive Committee are separate, and no person serves as a member of both.
Topsoe corporate governance model