Committees

There are currently four Supervisory Board committees. Their purpose is to improve the efficiency of the Supervisory Board's work and to address complex issues. The chairs of the respective committees report regularly on their committees' work to the Supervisory Board.

Nomination Committee

The nomination committee was established in accordance with the German Corporate Governance Code, to make recommendations to the Supervisory Board concerning proposals to elect Supervisory Board members representing the shareholders. The nomination committee is exclusively composed of shareholder representatives.

Dr. rer. nat. Andreas Kreimeyer, Dudenhofen, Shareholder representative
Pensioner (former member of the board and research spokesperson at BASF SE, Ludwigshafen, Germany)
In office until the end of the ordinary AGM 2020
First Appointment in committee: 12 May 2015

Jella S. Benner-Heinacher, Meerbusch, Shareholder Representative
Deputy General Manager of the Deutsche Schutzvereinigung für Wertpapierbesitz e.V.
Mandate until the end of the ordinary AGM 2018
First Appointment in committee: 10 May 2017

Philip Freiherr von dem Bussche, Bad Essen, Shareholder represenative 
Enterpreneur/farmer
In office until the end of the ordinary AGM 2020
First Appointment in committee: 12 May 2015

George Cardona, Monaco, Shareholder Representative
Entrepreneur
Mandate until the end of the ordinary Annual General Meeting 2020 
First Appointment in committee: 14 May 2013

Personnel Committee

The personnel committee is responsible for making preparations connected with the appointment of members of the Board of Executive Directors, long-term succession planning and for determining the terms and conditions of their contracts of employment including remuneration. The remuneration is determined at an appropriate level on the basis of performance and encompasses fixed and variable components. In the case of share options and comparable arrangements of the variable remuneration component, a cap has to be agreed for extraordinary and unforeseeable developments.

Dr. rer. nat. Andreas Kreimeyer, Dudenhofen, Shareholder representative
Pensioner (former member of the board and research spokesperson at BASF SE, Ludwigshafen, Germany)
In office until the end of the ordinary AGM 2020
First Appointment in committee: 10 May 2017

Harald Döll, Philippsthal, Employee representative
Chairman of the Works Council of K+S KALI GmbH's Werra plant
In office until the end of the ordinary AGM 2018
First appointed in committee: 19 August 2014

Jella S. Benner-Heinacher, Meerbusch, Shareholder Representative
Deputy General Manager of the Deutsche Schutzvereinigung für Wertpapierbesitz e.V.
Mandate until the end of the ordinary Annual General Meeting 2018
First Appointment in committee: 14 May 2013

Michael Vassiliadis, Hemmingen, Employee representative 
Chairman of IG BCE (Mining, Chemicals and Energy Trade Union), Hanover
Mandate until the end of the ordinary Annual General Meeting 2018
First Appointment in committee: 07 May 2003 

Audit Committee  

The audit committee is responsible for

  • examining the annual financial statements, the consolidated financial statements, the management reports and the proposal for the appropriation of  profits submitted by the Board of Executive Directors,
  • proposing the appointment of the auditors,
  • determining the main topics to be covered by the audit,
  • auditors remuneration and independence, and
  • dealing with compliance and risk management systems.

Dr. Eckart Sünner, Neustadt a.d. Weinstraße, Chairman, Shareholder represenative
Self-employed lawyer in Neustadt a.d. Weinstraße
Mandate until the end of the ordinary Annual General Meeting 2018
First Appointment in committee: 16 March 2005

Ralf Becker, Lindwedel, Employee representative
State District Manager North of IG BCE (Mining, Chemicals and Energy Trade Union), Hanover
Mandate until the end of the ordinary Annual General Meeting 2018
First Appointment in committee: 24 August 2011

Axel Hartmann, Neuhof, Employee representative    
Vice-Chairman of the Collective Works Council of the K+S Group
Chairman of the Works Council of K+S KALI GmbH´s Neuhof-Ellers plant
In office until the end of the ordinary AGM 2018
First Appointment in committee: 19 August 2014

Thomas Kölbl, Speyer, Shareholder represenative   
Chief financial officer of Südzucker AG, Mannheim
Mandate until the end of the ordinary Annual General Meeting 2022
First Appointment in committee: 10 May 2017

Dr. Annette Messemer, Frankfurt am Main, Shareholder representative
Divisional board member of Commerzbank AG             
Mandate until the end of the ordinary Annual General Meeting 2018
First Appointment in committee: 14 May 2013

Michael Vassiliadis, Hemmingen, Employee representative
Chairman of the Board of Executive Directors of Mining, Chemicals and Energy Trade Union 
Mandate until the end of the ordinary Annual General Meeting 2018
First Appointment in committee: 16 March 2005

Mediation Committee

The mediation committee, which is formed in accordance with the German Co-Determination Act, consists of the Chairman of the Supervisory Board, his representative, and one member chosen from each of the shareholder and employee representatives. It submits proposals to the Supervisory Board concerning the appointment of members of the Board of Executive Directors, if the required two-thirds majority should not have been obtained in the first round of voting.

Dr. rer. nat. Andreas Kreimeyer, Dudenhofen, Chairman, Shareholder representative
Pensioner (former member of the board and research spokesperson at BASF SE, Ludwigshafen, Germany)
In office until the end of the ordinary AGM 2020
First Appointment in committee: 10 May 2017

Harald Döll, Philippsthal, Employee representative
Chairman of the Works Council of K+S KALI GmbH's Werra plant
In office until the end of the ordinary AGM 2018
First appointed: 1 August 2009

Dr. Eckart Sünner, Neustadt a.d. Weinstraße, Shareholder represenative
Self-employed lawyer in Neustadt a.d. Weinstraße
Mandate until the end of the ordinary Annual General Meeting 2018
First Appointment in committee: 28 April 1992

Michael Vassiliadis, Hemmingen, Employee representative
Chairman of the Board of Executive Directors of Mining, Chemicals and Energy Trade Union
Mandate until the end of the ordinary Annual General Meeting 2018
First Appointment in committee: 07 May 2003