Board of Directors

Board of Directors

The Board of Directors supervises the Issuer’s operations and management, deciding on significant matters concerning the company strategy, investments, organization and finance. The Board of Directors of the Issuer consists of the following persons:

Name: Background:
Åsa Söderström Winberg

Born 1957, M. Sc. (Econ.)

Chairman of the Board (2017–)

Scanmast AB, Chairman of the Board (2013–)

JM AB, Member of the Board (2007–)

Vattenfall AB, Member of the Board (2013–)

OEM International AB, Member of the Board (2015–)

Balco AB, Member of the Board (2016–)

Fibo AS, Member of the Board (2016–)

Nordic Room Improvement AB, Member of the Board (2013–)

 

Sweco Theorells AB, CEO (2001–2006)

Ballast Väst AB, CEO (1997–2001)

NCC Industry, Marketing Manager (1994–1997)

NCC Construction AB, Communications Manager (1991–1993)

Holger C. Hansen

Born 1969, M. Sc. (Econ.)

Member of the Board (2017–)

Clopethan A/S, Chairman of the Board (2009–)

Palsgaard Spær A/S, CEO (2016–)

Junckers Holding A/S, Vice Chairman of the Board (2009–)

 

Nordic Waterproofing Group, CEO (2012–2015)

Icopal Group, CFO (1995–2008)

Ronnie Neva-aho

Born 1967, Secondary school graduate

Member of the Board (2017 –)

Kreate Oy, Member of the Board (2015 –)

Rototek Oy, Member of the Board (2015 –)

Access Point Oy, Chairman of the Board (2013 –)

Delete Oy, Vice President (2010 – 2015)

Tehoc Oy, Chief Executive Officer (1998 – 2011)

Christian Smidt-Jacobsen

Born 1970, MSc, Economics

Member of the Board (2019 –)

Axcel Management A/S, Member of the Board (2016-)

EG A/S, Member of the Board (2016-)

Frontmatec Group ApS, Member of the Board (2016-)

Icopal, Group CFO, 2008 – 2015

Chr. Hansen, Inc.

  • SVP, Finance & Accounting, 2006 – 2008
  • VP, Corporate Development, 2005 – 2006

Axcel, Investment Manager, 1999 – 2005

Danske Bank Corporate Finance, Associate, 1994 – 1999

Board Committees

The Board Committees assist the Board of Directors by preparing matters falling within the competence of the Board of Directors. The committees are not autonomous decision-making bodies, although they have several monitoring and oversight responsibilities. The committees report to the Board of Directors on the matters addressed and make proposals to the Board of Directors for decision-making as appropriate.

Audit and Investment Committee

The Audit and Investment Committee assists the Board of Directors in its responsibilities relating to the appropriate arrangement of the control of the company accounts and finances pursuant to the Limited Liability Companies Act as well as its responsibilities relating to the company’s investments. The Audit and Investment Committee consists of at least two (2) members, of which at least two (2) members must be members of the Board. The members of the Audit and Investment Committee are elected for a one-year term at the organisation meeting of the Board. One of the members of the Audit and Investment Committee, which must be a Board member, is designated by the Board of Directors as Chair of the Audit and Investment Committee. The members must have the qualifications necessary to perform the responsibilities of the Audit and Investment Committee, and at least one (1) member must have expertise in accounting, bookkeeping or auditing.

The Audit and Investment Committee meets as often as appropriate but at a minimum four (4) times a year depending on the reporting cycle of the company. The Chair of the Audit and Investment Committee will at each Board Meeting report on the Committee work and related recommendations. The CFO of the Group acts as secretary to the Committee.

The members of the Audit and Investment Committee are Vilhelm Sundström (Chair) and Holger Hansen.

Remuneration Committee

The Remuneration Committee prepares matters pertaining to the appointment and remuneration of the CEO and other executives as well as to the remuneration schemes of the personnel and remuneration principles to be observed by the company. The Remuneration Committee consists of at least two (2) members, of which at least two (2) members must be members of the Board. The members of the Remuneration Committee are elected for a one-year term at the organisation meeting of the Board. The CEO or other executives of the company cannot be appointed to the Remuneration Committee.

The Remuneration Committee meets as often as appropriate, but at least twice a year. Meeting minutes are prepared for all Remuneration Committee meetings and distributed to the Board of Directors. The Chair of the Remuneration Committee will at each Board Meeting report on the Committee work and related recommendations. The CEO of the Group acts as secretary to the Remuneration Committee. Once a year, the Remuneration Committee evaluates its work and charter and recommends any proposed changes to the Board of Directors.

The members of the Remuneration Committee are Åsa Söderström Winberg (Chair) and Vilhelm Sundström.

Project Committee

The Project Committee assists the Board in preparing and following up on major tenders and projects of the Group. The Board of Directors remains responsible for the duties assigned to the Project Committee. The Committee has no autonomous decision-making power.

The Project Committee meets as often as appropriate, but at least twice a year. The Chair of the Project Committee will at each Board Meeting report on the Committee work and related recommendations. The CFO of the Group acts as secretary to the Project Committee.

The members of the Project Committee are Ronnie Neva-aho (Chair) and Åsa Söderström Winberg.