Sustainability report 2020 FINAL - Flipbook - Page 19
Archroma has a flat management structure that allows us to effectively communicate the strategic direction
throughout the organization, closely monitor the implementation of initiatives and required activities
needed to implement the strategy, and to rapidly respond to business needs, opportunities and challenges.
Archroma Holdings Sarl
Board of Directors
The main executive decision-making body is the Executive Committee (ExCo). The ExCo possesses a wide
range of competencies, business and financial skills, chemistry and market knowledge and international
experience, and is responsible for determining the strategy and structure to set the pace for current operations
and future development. The ExCo consists of six senior executives of the company and is responsible for
the execution of the strategy and direction approved by the Board of Directors (BoD). This includes reviewing
and evaluating current and future threats and opportunities, threats the strengths and weaknesses of the
current and future threats and organization and resultant risk to the business, and to decide upon the
strategic options and the means required to implement and support them. The ExCo structure incorporates
all the key management functions.
The ExCo is supported by a Sales Leadership Council that is responsible for the governance and global
alignment of the seven geographical Business Clusters of Archroma (Asia-Pacific, Europe, Middle East &
Africa, Latin America, North America, India, and Pakistan). Archroma also operates with Global Marketing
Competence Centers that are responsible for global marketing, innovation and business development,
with Global Functional Competence Centers that are responsible for the governance and global processes
in their functional areas (HR, Finance, etc.), and with a global Sales, Inventory and Operation Planning
The BoD supervises the ExCo, on behalf of the main shareholder, and has two levels of operation. Its primary
function is to liaise with the ExCo and review and approve the proposed strategy, the underlying tactics to
achieve the strategy, and financial planning including targets. Remuneration and risk management also
falls within the BoD responsibility.
Barry Bahram Siadat
Its secondary function is to actively support specific projects within Archroma, this being dependent upon
the competencies of the individual directors appointed to the board. Thus, the BoD has a two-tier working
principle equivalent to a traditional single tier board.
Heike van de Kerkhof
Chief Executive Officer
Third party quality management auditing of Archroma to international standards falls within the
responsibility of the Quality Management team, reporting directly to the Senior Vice President of Operations.
Furthermore, Archroma has a Group Compliance Committee, which has the responsibility to ensure an
ethical business culture in line with the Archroma Code of Conduct and incorporates a Whistleblower Policy.
It is led by the Chief Digital & Sustainability Officer with our Chief Human Resources Officer and General
Counsel as members.
Chief Digital & Sustainability
Chief Human Resources
Chief Operating Officer
Secretary of the BoD