The Corporate Governance code adopted by CAD IT S.p.A. is the traditional one based on the existence of: Board of Directors and Board of Auditors
The Corporate Governance code adopted by CAD IT S.p.A. is the traditional one based on the existence of two shareholder-nominated organs:
Accounting audits (as the law requires) is entrusted to an Auditing Company (external).
The Shareholders’ Meeting approves the balance, nominates the Board of Directors, the Board of Auditors and the Auditing Company and modifies the Company Statute.
On 10th November 2006, the CAD IT S.p.A. Board of Directors adopted the Code of Ethics which is an integral part of the Organisational and Managerial model in accordance with Leg. Dec. 231/2001 on “Regulation of Administrative Responsibility of juridical persons”.
The Code of Ethics identifies the basic principles and values by which the Company abides in order to practice a just and equal behaviour in conducting business and company activities, highlighting the rules of conduct that are of fundamental importance for the regular function, reliable management and good image of the entire CAD IT Group.
On 10th November 2006, the CAD IT Board of Directors adopted the Organizational and Managerial Model, in accordance with Leg. Dec. 231/2001, in relation to “Regulation of Administrative Responsibility of juridical persons”. The Model, reported below, is an organizational and managerial instrument aimed at preventing the illicit acts cited in the Decree.
The Board of Directors has the widest powers, without limit, in the ordinary and extraordinary management of CAD IT S.p.A. with the exception of those powers reserved for the Shareholders' Meeting.
The current Board of Directors is represented as follows:
|Position||Name and Surname|
|Chairman and managing director||Paolo Dal Cortivo|
|Vice chairman and managing director||Giulia Dal Cortivo|
|Director||Flavio Piva (1,2)|
|Director||Lamberto Lambertini (1)|
|Director||Cecilia Rossignoli (1)|
The Board of Directors will remain in office until the date of Shareholders' Meeting called to approve the Financial Statements as at 31st December 2018.
The current CAD IT S.p.A. Board of Statutory Auditors is represented as follows:
|Position||Name and Surname|
|Standing Auditor||Bruno Anti|
|Standing Auditor||Gian Paolo Ranocchi|
|Alternative Auditor||Silvana Anti|
|Alternative Auditor||Umberto Bagnara|
In accordance with the directives in force on the Regulations of the Markets organised and managed by Borsa Italiana S.p.A., listed companies are obliged to supply information about their own Corporate Governance system and their adherence to Listed Company Behaviour Code at regular annual intervals.
In compliance with these instructions, the CAD IT Board of Directors approved the Corporate Governance annual report on 15th March 2018.
Remuneration Report of the Board of Directors to CAD IT S.p.A. Shareholders' Meeting of 27th April 2018