3. Board of Directors
The BoD is responsible for strategy and organizational development and supervises and controls the operational management. It defines the Group’s business principles and keeps itself regularly informed about the company’s business performance. The BoD is authorized to make decisions on all matters that are not reserved for the Annual General Meeting or are conferred to another governing body of the company by law, the Articles of Association or other regulations.
The members of the BoD of Precious Woods contribute experience and expertise from a wide range of different fields and have both the skills and the time required to ensure that they can critically and constructively engage with the GM and are able to form independent opinions. Members of the BoD are elected by the Annual General Meeting for a term of one year.
The BoD is a self-constituting body and appoints the Chairman, the Vice Chairman and the members of the committees from amongst its members for a term of one year.
At the Annual General Meeting on 21 May 2025 Markus Brütsch, Werner Fleischmann, Bernhard Pauli and Olivier Kobel were due for re-election. They were re-elected for a year on a proposal from BoD. Furthermore, Robert Hunink has resigned as a member of the BoD and Martin Tobler was elected as a new member of the BoD. The composition of the BoD is as follows on 31 December 2025: Markus Brütsch (Chairman), Werner Fleischmann (Vice Chairman), Bernhard Pauli (Member), Olivier Kobel (Member) and Martin Tobler (Member).
Members of the Board of Directors
The Precious Woods BoD has five members. The following statement about the members of the BoD and their activities at Precious Woods and cross-involvements represents the situation on 31 December 2025.
Committees of the Board of Directors
The whole Board of Directors monitors the concordance between budgets, finances and organization, examines the interim statements, annual report and budget and oversees the relations with the external auditors. The entire BoD is also responsible for the internal control system (IKS) and risk-management procedures and overseeing the processes for compliance with legal and regulatory requirements.
The Financial Committee, which covers the areas of finance and accounting, reporting and investor relations, consists of three members of the Board of Directors. It is chaired by Markus Brütsch. Werner Fleischmann and Olivier Kobel are the other members of the committee.
The Remuneration & Nomination Committee, which covers the areas of remuneration of the members of the Board of Directors and the Executive Board; personnel policy and strategy, consists of three members of the Board of Directors. Markus Brütsch is the Chairman. Bernhard Pauli and Martin Tobler are the other members of the committee.
The committees meet as often as necessary to fulfil their duties. Regular reports and proposals are submitted to the full Board of Directors.
The BoD met a total of ten times during 2025. Each meeting lasted between two and eight hours. The BoD keeps itself informed of business matters by means of consolidated, periodic, operational and financial reports. All relevant documents are made available to the BoD on a regular and timely basis. The BoD, co-CEOs and CFO held interim meetings.
Further information about the decision-making process, the areas of responsibility and control mechanisms can be found in the bylaws, which are published on Precious Woods’ website (Investor Relations – Corporate Governance).
Markus Brütsch
- Swiss citizen, born in 1960
- Chairman since May 2023
- BoD member since 2017
Other activities and interests:
- CEO / CFO of Precious Woods Holding Ltd until 2023
- BoD member of Paul Reinhart AG
- BoD member of Reinhart Holding AG
Werner Fleischmann
- Swiss citizen, born in 1955
- Vice Chairman since May 2025
- BoD member since 2022
Other activities and interests:
- Chairman of Fleischmann Immobilien AG, Weinfelden
- Owner of Fleischmann Liegenschaften AG and Werner Fleischmann AG, Weinfelden
Bernhard Pauli
- Swiss and German citizen, born in 1967
- BoD member since 2023
Other activities and interests:
- Head of department and study programme forest sciences at University of Applied Sciences, Agricultural, Forest and Food Sciences
- Professor for forest economics
Olivier Kobel
- Swiss and French citizen, born in 1968
- BoD member since 2023
Other activities and interests:
- Owner and Managing Director of Kobel Advisory Services, Geneva
- Managing Director of Atlantic Ventures, Luzern
Martin Tobler
- Swiss citizen, born in 1975
- BoD member since 2025
Other activities and interests:
- CEO HG COMMERCIALE
- Chairman of EURO-MAT S.A. (Lux)