The Executive Committee formulates proposals for the Board of Directors with regard to strategy, development, monitoring and financing of Group activities. The objective is to ensure its profitable growth. The Executive Committee makes operational decisions for the Group in accordance with the decisions of the Board of Directors and defines the options that John Cockerill representatives will support in the administrative bodies of the subsidiary companies. The Executive Committee ensures that convergences between the different operating sectors are optimised at the financial, human, technical and commercial levels. It embodies the values and the spirit of John Cockerill and ensures that the Group identity is respected. It also represents the Group with its institutional communities. The composition of the Executive Committee varies according to the activities of the Group, so as to always guarantee balanced representation of the operational and functional management. In its basic configuration, the Executive Committee is composed of the Chief Executive Officer, five operational managers and four Corporate function managers. In its extended configuration, several senior managers join the Executive Committee for a quarterly operational follow-up and an annual strategic review.