Organizational Structure & Management Philosophy

To address the specific needs and the diversity of its business partners and effectively serve the markets in which it competes, Leriva conducts business through five business units:

These business units have been formed to capitalize on economies of scale, combine expertise and capabilities in key areas and to operate independently as distinct management entities within the group. Accordingly, the business unit rather than the legal entity constitutes the primary management entity. Hence, in constituting a business unit, sub-segments may be drawn from more than one of the group’s legal entities.

Organized under the principles of decentralized management, each business unit is headed by a General Manager who has overall responsibility for the division. This philosophy of decentralized management is deeply entrenched in Leriva’s culture and is viewed by management as essential to the success of its broadly based businesses. Support functions such as Finance, Logistics, Information Technology and Human Resources are leveraged across all business units under a shared services arrangement.

The Company Group Chairman, in addition to presiding over board meetings, oversees business development initiatives. This entails identifying and developing business opportunities to secure continued growth through new business partnerships, the introduction of new products and geographical expansion in international markets.

The Group Chief Executive Officer provides management oversight for the various business units. In this capacity, the General Managers that head each business unit report into the Group Chief Executive Officer. In addition to these responsibilities, he also oversees the various support functions such as Finance, Human Resources and Logistics and the heads of these functional departments also report into the Group CEO.

Leriva’s Executive Committee, with the support and approval of the Board of Directors, is the principal management body. The Executive Committee is composed of the various business unit General Managers and the functional department heads. With the Group Chief Executive Officer and the Company Group Chairman serving as co-chairs, the Executive Committee reviews the major issues facing the organization, oversees and coordinates activities and is responsible for implementing organizational decisions.