Executive Board of Directors | edp.com

The Executive Board of Directors is the body responsible for managing the company's activities, under the terms of the Commercial Companies Code and the Articles of Association, and is appointed by the shareholders at the General Meeting. The current mandate is 3 years.

The Executive Board of Directors meets ordinarily at least twice a month, and extraordinarily whenever convened by its Chairman, by any two other Directors or at the request of the General and Supervisory Board.

Its functioning is governed by internal regulations. 

Below are the areas for which the members of the Executive Board of Directors are responsible within EDP's organisational structure.

EDP'S ORGANISATIONAL STRUCTURE

The Executive Board of Directors is responsible for defining the EDP Group's organisational model and the respective division of functions.

EDP's operating model presupposes a matrix organisational structure, made up of Platforms, Regions, Business Enablement Functions (BEF) and Global Business Services (GBS), with the aim of guaranteeing EDP's integrated presence, a simplified governance model, with clear decision-making guidelines and responsibilities.

Assuming a structuring function, the coexisting Platforms and Regions aim to achieve results in a collaborative manner, functioning as a single face for the market and an integrated positioning with transversal capabilities. Simplified BEFs with a single Corporate Centre to create optimised end-to-end functional support that guarantees global functional leadership. GBSs provide tailored professional/transactional services, favouring growth and transformation across EDP.

The Executive Board of Directors is also supported by specific Committees that enable more effective monitoring of matters and contribute to the decision-making process.