Wuppermann AG, the holding company of the Wuppermann Group, is 100 percent family-owned. Of the current seven Supervisory Board members, four are members of the Wuppermann family. A family charter regulates the relationship between the family and the company as well as the principle of succession, within the family, to management positions.
Family shareholders council
In 2010, a Family Shareholders' Council was established to act as a communicative link between the shareholders on the one hand and the Supervisory Board and the Management Board on the other. The Family Shareholders' Council participates in directional decisions and guidelines and helps to promote the opinion-forming process within the family and to ensure a constructive and trusting culture of consultation. In addition, the Family Shareholders' Council serves to acquire competence with regard to the requirements of the family business. The Family Shareholders' Council also has the right to propose candidates for the Supervisory Board.
The Family Shareholders' Council (FAR) consists of up to seven members elected by the shareholders (elected FAR members) and the family members on the Supervisory Board (born FAR members). The last new election took place in the summer of 2019. All seven seats on the Family Shareholders' Council were allocated for this term of office. The Chairman in this term of office is Prof. Dr. Carl-Dieter Wuppermann.