Supervisory Board

Separate and independent from the Board of Management, the Supervisory Board supervises and advises the Board in performing its management tasks.

Major management decisions and IS Group strategy are discussed with, and approved by, the Supervisory Board. Acting in the interests of IS Group and its stakeholders, the Supervisory Board is also responsible for monitoring the Board of Management and setting the direction of the company's business. This includes:

• Achieving our operational and financial objectives
• Our corporate strategy and risks inherent in our business activities
• How internal risk management and control systems are structured and operated
• The main financial parameters and the financial reporting process
• Compliance with applicable laws and regulations.

The Supervisory Board of IS Group consists of

		Guus Lubsen (1944), Chairman of the Supervisory Board. Mr Lubsen served on the Executive Board at Heineken NV where he was responsible for Finance, ICT and Production policy and quality control. Before this Mr Lubsen was President and CEO at Quaker Chemical Corporation (USA) and held various senior management positions at Avery Dennison Corporation and Dresser Industries.
		Theo Cordesius (1953), Member of the Supervisory Board. Mr Cordesius served as Chief Operating Officer at LBi NV and held various Senior Management positions at Compaq (Hewlett Packard) and Phillips.
		Gerrit Oosterhof (1952), Member of the Supervisory Board Mr Oosterhof served as Chief Executive officer at Total Specific Solutions (TSS) and as Chief Operating Officer and member of the Executive Board at Getronics PinkRoccade.

Under Dutch law, the Supervisory Board must be independent of the Board of Management. This means Supervisory Board members can neither be Board of Management members nor employees of the company.