Governing structure
In addition to AGICOA, AGICOA Europe Brussels’ shareholders include independent producers and distributors of audiovisual works. The shareholders own and control AGICOA Europe Brussels with their voting power at the General Assembly. Together with the Board of Directors, they approve the annual budget and management fee, and can amend by-laws, general regulations as well as operating policies for rightsholders.
The General Assembly
The General Assembly is AGICOA Europe Brussels’ supreme body. It is comprised of all AGICOA Europe Brussels’ shareholders.It approves and amends by-laws, general regulations, and operating policies.
It appoints the members of the Board of Directors, the members of the Supervisory Board and the Auditor.
The General Assembly approves financial, operating and transparency reports.
The Board of Directors
The Administrative Board is empowered to perform all actions necessary for or useful in attaining the corporate goal of the company. It approves AGICOA Europe Brussels’ management strategy and ensures transparency.
The Managing Director
The Managing Director carries out the day-to-day operational management, leads and coordinates the work of AGICOA Europe Brussels’ team, and is responsible for the execution of the Governing rules, budget, strategy, and decisions adopted by the General Assembly and/or the Administrative Board.
The Supervisory Board
The Supervisory Board exercises the supervisory role management prescribed by the Belgian Code of Economic Law. It controls the activity and the tasks entrusted to the Board of Directors.
