Corporate governance

In their role as leaders by example, those in management must adhere consistently to laws and directives and behave impeccably, both morally and ethically. For Swiss Post, the tone at the top – the behaviour and communication of its management – is of the utmost importance. Under the title of Swiss Post Courage, Swiss Post operates an internal reporting office for economic crime. To ensure that employees know how to behave in specific situations, Swiss Post is committed to a modern compliance system.

Tone at the top: lived code of conduct

Managers are role models

Complying with legal frameworks, provisions and rules, living up to moral and ethical principles: for Swiss Post, the tone at the top – the behaviour and communication of its management – is of the utmost importance.

SWISS POST COURAGE

Internal reporting office for economic crime

Falsifying the balance sheet and income statement or diverting money into one's own pockets: illegal transactions of this nature can cause great damage to a company. If Swiss Post employees are confronted with unlawful activity or suspect that it may be occurring, they can choose to report it without revealing their identity.

Strategic corporate governance

Compliance: a guideline for good corporate governance

The Swiss Post Board of Directors is responsible for ensuring that Swiss Post Group complies with the relevant standards and provisions. This also includes rules for ethically correct behaviour. To ensure that employees know how to behave in specific situations, Swiss Post is committed to a modern compliance system.

Composition of the Board of Directors

Board of Directors

The Federal Council elects Swiss Post Ltd's Board of Directors every two years. On the reference date (31 December 2014), it had nine members. The Board of Directors is responsible for implementing the strategic goals, for submitting reports to the Federal Council on their attainment and for providing the latter with the information it needs for verification purposes. The Board of Directors is also governed by the rights and duties set out in the provisions of the Swiss Code of Obligations on the subject of corporate law.

Remuneration policy

Determination of remuneration

Corporate risk, scope of responsibility and the Ordinance on Executive Pay are taken into account by the Board of Directors when determining the remuneration due to members of Executive Management. The Federal Council determines the level of remuneration for members of the Board of Directors.

Composition of Executive Management

Executive Management

The seven members of Executive Management and the CEO are elected by the Board of Directors. Each is responsible for the operational management of the organizational unit assigned to them. The CEO represents Executive Management to the Board of Directors.

Remuneration 2014

Remuneration to Board of Directors and Executive Management

The Federal Council determines the level of remuneration for members of the Board of Directors 2. In 2014, the nine members of the Board received remuneration (fees and fringe benefits) totalling 986,867 francs. The fringe benefits totalling 219,367 francs are shown in the total remuneration. In 2014, the Chairman of the Board's fee totalled 225,000 francs. The fringe benefits amounted to 27,000 francs