Good corporate
governance drives
our decision-making
process

Tyre Recycling Solutions SA is committed to good corporate governance, which promotes the long-term interests of shareholders, strengthens Board and management accountability and helps build stakeholders trust in the Company.

The Board is elected by the shareholders to oversee their interest in the long-term sustainability and the success of the business and its financial strength. The Board serves as the ultimate decision making body of the Company, except for those matters reserved to or shared with the shareholders. The Board selects and oversees the members of senior management, who are charged by the Board with conducting the business of the Company.

Our Company does the utmost to preclude any conflict of interest. For instance, the CEO is a co-founder of the Company, but does not sit on the Board.

The Board has created three committees with specific responsibilities. Such committees improve the interaction within the Board and facilitate the communication between the Board and the management. Frequent contacts between the Board and the Management also ensure the follow up on the strategy implementation.

Corporate Governance

Corporate Governance
Structure

Our Board of Directors

Pierre Kladny, Chairman

Engineer dipl. EPFL, MSc, Postgrad CRPM

Founder of Valley Road Capital, Pierre Kladny is a serial entrepreneur bringing technological and industrial experience. He has founded and managed 5 companies. He has sold one of his businesses to a large multinational firm and has divested another one through a management buy-in scheme. Prior to founding ValleyRoad Capital, he spent 3 years with Lombard Odier Darier Hentsch & Cie, Private Bankers in Geneva.

Abdulrahman S. Al-Otaishan, Board Member

Abdul Rahman S. Al-Otaishan, begins his career in transportation project management. In 1982 he started his own company which is now known as AOSCI (Abdul Rahman Al-Otaishan & Sons Group LLC). As entrepreneur for over 40 years, he expanded his company’s operations under the umbrella of AOSCO, which focuses on service maintenance, trading, construction, food sector, and transport logistics. Mr. Al-Otaishan graduated in Business Administration from the English Language Institute in the USA. In addition to his role as a company Chairman, Mr. Al-Otaishan is involved in different business organizations and holds positions in numerous government councils and committees.

Per Setterberg, Board Member

Degree in Business Administration, University of Lund, Sweden.

Per Setterberg worked with Global Blue between 1988 and 2014. The last 16 years as President and CEO. Drove the expansion from a local presence in the Nordic countries to the world leader with operations in 41 countries. Per was formerly a senior manager for PwC and a Swedish State Authorised Accountant. He is the Chairman of Dataflow Ltd, Elevate Ltd and VFS Global.

ZHANG Ligang, Board Member

Mr. Zhang has over 25 years of working experience in the environmental protection industry. He is now the Chairman of GS-Licon International Limited (GS-Licon), Hong Kong, China. GS-Licon is one of the major partners of the Longjiang Environment Protection Group. Mr. Zhang holds a MBA degree from Pekin University and a Bachelor degree in Environmental Engineering from Nanjing University of Science and Technology.

Pierre Chavan, Board Member

Serial entrepreneur with more than 25 years experience in Information Technologies, Education programs, Professional Training and Biometrics. He has successfully led consultancy mandates in Africa for organizations, private companies and governments. Pierre Chavan founded his own Property Management Company 15 years ago, and has managed it since then. His clients are important International Companies. He is also an active investor in web companies with large coverage in South-America.

PIAO Yitong, Board Member

Mrs. Piao is the consultant of the Longjiang Group in terms of financial investment and R&D. She is working on her Ph.D degree in engineering economics. She holds a MBA from Stanford University. She also holds a Master degree in Environmental Engineering of Berkley and a Bachelor degree in Environmental Engineering from the Harbin Institute of Technology.

Roberto Gradnik, Board Member

Trained as a physician, Roberto Gradnik brings more than 25 years of experience as a prominent executive in the pharmaceutical and biotechnology sectors. Previously with Merck Serono, for which he was appointed Executive Vice-President for Europe and a member of the Executive Committee. He then became Executive Vice-President of the Global Business Unit for Neurodegenerative Diseases, before being appointed to the position as CEO of Stallergenes, a European biopharmaceutical company specialized in the treatment of severe respiratory allergies. Roberto Gradnik is currently CEO of Ixaltis, a French biotech startup company.

 

Our Board Committees

Nomination and remuneration committee

In charge of management evaluation and the incentive program of key people.

Members: Pierre Chavan (Chair), Pierre Kladny, Ligang Zhang

Finance and Audit committee

Keeping check on finances, i.e. cash flow to drive the business. Report to the board at every meeting.

Members: Per Setterberg (Chair), Pierre Chavan, Yitong Piao

Operations committee

Follow up on the strategic decisions.

Members: Pierre Kladny (Chair), Abdulrahman S. Al-Otaishan, Roberto Gradnik