Governance Model

Corticeira Amorim adopts the governance model known as “the reinforced Latin Model”, which calls for the separation between the management and supervisory bodies, with double supervisory mechanism, consisting of a supervisory board and a statutory auditor.

The adoption of this model enables the existence of a supervisory board with effective and reinforced inspection powers, composed entirely of members who are subject to a regime of incompatibilities and broad independence requirements.

• includes a structure of corporate rules and good practices, which enables, respectively, greater transparency and high levels of professionalism and competence;
• ensures alignment of the interests of the entire Organisation, in particular among Shareholders, members of the governing bodies, directors and other employees of the company;
• encourages the participation of Shareholders in the Company’s life;
• fosters the efficiency and competitiveness of Corticeira Amorim.