Annual Report 2016

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49 Autoneum Annual Report 2016 Corporate Governance
such as management of holding companies and
pension funds. Subsidiary companies are
founded based on legal, business and
financial considerations. One responsible person
(Head of Legal Unit) is appointed for each
company. He or she is responsible for local
financial management as well as for com-
pliance with national laws and regulations and
internal guidelines.
Companies with participation of further
shareholders are principally managed as
described above and according to the respective
agreements.
38 companies worldwide belonged to the
Autoneum Group as of December 31, 2016.
An overview on subsidiaries comprising the
names, domiciles and share capital of the
subsidiaries and the voting rights held by the
Autoneum Group can be found on page 111.
The management organization of the Autoneum
Group is independent of the legal structure
of the Group and the individual companies.
Significant shareholders
As of December 31, 2016, Autoneum was
aware of the following shareholders with 3% or
more of all voting rights in the Company:
· · Artemis Beteiligungen I Ltd; Centinox Holding
Ltd; Michael Pieper, Hergiswil, Switzerland
· · PCS Holding Ltd, Warth-Weiningen;
Peter Spuhler, Weiningen, Switzerland
· · Norges Bank (the Central Bank of Norway),
Oslo, Norway
All notifications of shareholders with 3% or
more of all voting rights in the Company
have been reported to the Disclosure Office of
the SIX Swiss Exchange in accordance with
Art. 120 of the Financial Market Infrastructure
Act (FMIA) and published via its electronic
publication platform on www.six-exchange-
significant-shareholders.html, where further
details can also be found.
As of December 31, 2016
Organization
Autoneum
Holding Ltd
Board of Directors
Autoneum
Group
Martin Hirzel
CEO
Group Finance
Dr Martin Zwyssig
CFO
Business Group
Europe
Matthias Holzammer
Business Group
North America
John T. Lenga
Business Group
Asia
Andreas Kolf
(since March 1, 2016)
Business Group
SAMEA
Fausto Bigi
(since March 1, 2016)