Corporate Governance

Management Board

The Management Board of Senvion S.A. is obliged to act in the enterprise's best interests and undertakes to increase the sustainable value of the enterprise.

Manav Sharma

Chief Executive Officer and Chief Financial Officer

Manav Sharma, born on March 29, 1981, in Poonch is Chief Financial Officer (CFO) of Senvion S.A. He is also the acting Chief Executive Officer of Senvion.

Manav Sharma holds a bachelor’s degree in Computer Engineering along with a post-graduate diploma in Management, which he completed at the Symbiosis International University Pune, India. Following stints in business development, sales & marketing in ITC Ltd (an Indian conglomerate) and in the Business Advisory Practice at Ernst & Young, Manav Sharma joined Suzlon in November 2008 as Senior Manager and was subsequently promoted “Assistant General Manager – Strategy” in the Chairman’s Office, where he managed and led multiple projects in new business incubation, portfolio management of group investments, strategy, global M&A and business development.

David Hardy

Chief Sales Officer and Executive Director

David Hardy is Chief Sales Officer (CSO) of Senvion S.A. He is also the Executive Director of Senvion. He joined Senvion in June 2017.

David Hardy has 27 years of industry experience. Previous to joining Senvion, he worked at various senior positions at Vestas for seven years and at General Electric for ten years. During his time at Vestas, he played a key role in growing the market share and building a solid franchise in the US market. He holds a degree in Mechanical Engineering from North Carolina State University and an MBA in Finance & Management from New York University’s Leonard N. Stern School of Business.

Supervisory Board

The Supervisory Board of Senvion S.A. oversees the company’s Management Board and provides advice on all management issues. Frequent and open exchange between both boards is the basis for trustful cooperation.

The Supervisory Board consists of Steven Holliday (Chairman), Deepak Mishra, Ben Langworthy, Amol Jain, Matthias Schubert, Alberto Teroland Carl Friedrich Arp Ole Freiherr von Beust.

Committees

Besides the Supervisory Board, Senvion has an Audit Committee, a HR Committee and a Strategy and Investment Committee.

The Audit Committee especially deals with the Annual Report and the Internal Control System. Members are Alberto Terol, Deepak Mishra, Amol Jain.

The HR Committee advises the Supervisory Board – especially in terms of the appointment and recall of the members of the Board of Directors and other relevant personnel decisions. Members are Matthias Schubert, Ben Langworthy and Deepak Mishra.

The Strategy and Investment Committee takes care of the strategic oreintation of the company, its strategy and the investment planning. Members are Ben Langworthy, Steven Holliday, Deepak Mishra, Amol Jain and Matthias Schubert.

Compliance

Senvion has a Compliance Management System available. The principles of this system are reflected in the Code of Conduct which is applicable for every Senvion entity and its employees worldwide. Senvion’s Code of Conduct is strengthened by other policies like the Anticorruption Policy, the Antitrust Policy, the Supplier Code of Conduct and the Insider Trading Policy. The Compliance Department regularly reports to the Supervisory Board and the Executive Board of the company. Every single Senvion employee can contact the member of the Compliance team or their direct supervisor in case of compliance relating questions. Besides it is also possible to use an international Whistle-blower System.

Additionally, there is the possibility to report indications of specific legal infringements and regulatory violations not only for Senvion personnel, but for external persons as well. The internal Compliance Department is responsible for receiving information about serious violations. Such incidents can be for example, bribery or antitrust related or can be similar issues. The notifications will be treated confidentially and will only be received by the Compliance Department.

You can contact the compliance department as follows:

Senvion Holding GmbH
Compliance Department
Überseering 10
22297 Hamburg, Germany

compliance[at]senvion.com

Modern Slavery Statement

This statement is published under the provisions of the UK Modern Slavery Act 2015 (the ‘Act’). The Act requires organisations to publish an annual statement setting out the actions they have taken during the financial year to ensure slavery or human trafficking is not taking place in their operations or supply chain:

Senvion Modern Slavery Statement for 2016