Bilderberg is governed by a Steering Committee which designates a Chairman; members are elected for a term of four years and can be re-elected. There are no other members of the Bilderberg conference. The Chair's main responsibilities are to chair the Steering Committee and to prepare with the Steering Committee the conference program, the selection of participants. He also makes suggestions to the Steering Committee regarding its composition. The Executive Secretary reports to the Chairman.
The expenses of maintaining the small Secretariat of the Bilderberg meetings are covered wholly by private subscription. The hospitality costs of the annual meeting are the responsibility of the Steering Committee member(s) of the host country.