Board of Directors
The Annual General Meeting on May 9th 2016 resolved that the Board of Directors should consist of six ordinary members with no deputies. The meeting re-elected Ivar Verner, Helena Nordman Knutson, Thord Wilkne, Jan Samuelsson and Peter Rejler and appointed Annika Steiber as a new director. Ivar Verner was re-elected as chair of the Board of the Directors.
The Chairman of the Board constitutes the link between the President and the other members. The task of the Chairman is to lead the work of the Board of Directors and to ensure that the Board is compliant with the relevant laws, rules and recommendations.
The Board of Directors exercises the shareholders’ control of the management and their work is controlled in accordance with the rules of procedure established at the statutory Board meeting. The Board of Directors holds five Ordinary General Meetings a year in accordance with the rules of procedure. In addition, Extraordinary General Meetings may be called in order to discuss specific issues. Four of the Ordinary General Meetings deal with the company’s quarterly reports and the fifth meeting establishes the company’s budget for the coming year. These meetings follow a set agenda which deals with issues such as finance, the market, HR and investments.
Besides supervisory issues, the primary task of the Board of Directors is to deal with strategic issues relating to operations, new establishments and growth, as well as the company's financial position and to ensure compliance with applicable laws, regulations and ordinances.