In Germany one organizational structure exists for a Stock Corporation (in German: “Aktiengesellschaft”) pursuant to the German Stock Corporation Act:
- An Executive Board (in German: “Vorstand”) and a Supervisory Board (in German: “Aufsichtsrat”).
Limited Liability Company
In Germany 2 organizational structures exist for a Limited Liability Company (in German: “Gesellschaft mit beschränkter Haftung”) pursuant to the German Limited Liability Company Act and, as the case may be, the German Co-Determination Acts (in German: “Mitbestimmungsgesetze”):
- One or more Managing Directors (in German: “Geschäftsführer”) and a Supervisory Board (in German: “Aufsichtsrat”).
- One or more Managing Directors only.
Please see, respectively, “Executive Board” and “Supervisory Board”, “Managing Directors” in the left side menu for a more in-depth description of each structure, including how to change the respective board members.
Allen & Overy has provided all input about changing board members in Germany. Allen & Overy is an [...] international full-service law firm with a team of around 2,300 lawyers. We serve businesses, financiers and governments whenever there is a need for decisive legal advice involving complex transactions. Through our truly global network now spanning 44 offices in 31 countries, we are well placed to respond quickly and effectively on a co-ordinated worldwide basis. We always challenge ourselves to bring new and original ways of thinking to the complex legal challenges our clients face and offer them commercially favourable solutions.
For more information about Allen & Overy and changing board members in Germany, please use the contacts below:TEL: +49 69 2648 5682