Supervisory Board
The Supervisory Board oversees strategic and commercial policy making by the Board of Management and the way in which it manages and directs KPN’s operations.
Members of the Supervisory Board are appointed by the Annual General Meeting of Shareholders upon nomination by the Supervisory Board. The Central Works Council has an enhanced right to recommend persons for nomination to the Supervisory Board for up to one-third of its members. The nominees must fit within the profile of the Supervisory Board, which gives requirements for both individual members of the Supervisory Board and for the Supervisory Board as a whole, on such topics as diversity, independence, experience and expertise.
Members of the Supervisory Board resign according to a schedule set by the Supervisory Board. They step down at the first General Meeting of Shareholders following their four-year term of office. Currently, KPN’s Supervisory Board consists of eight members.
The by-laws of the Supervisory Board contain, among other things, rules regarding the members’ duties, powers, working methods, decision-making, approval of decisions by the Board of Management, training and conflict handling.