Board Committees

Audit Committee

The Board has appointed an Audit Committee consisting of Viveka Ekberg, Chairman, Anette Frumerie and John Hedberg. The work of the Audit Committee is guided by rules of procedure which are approved by the Board. The role of the Audit Committee is to strengthen and streamline the Board’s supervisory responsibilities in terms of internal control, audit, internal audit, risk management, accounting and financial reporting. The Audit Committee will also prepare matters pertaining to procurement of audit and other audit services and prepare certain accounting and auditing matters to be dealt with by the Board of Directors. The Committee has during 2018 met on seven occasions. The Committee will provide continuous oral reports to the Board and submit proposals on matters requiring the Board’s consent.

 

Remuneration Committee 

The Board of Directors has appointed a Remuneration Committee consisting of Peter Nilsson, Chairman, and Per Bertland. The work of the Remuneration Committee is guided by rules of procedure which are approved by the Board. The Remuneration Committee will present proposals to the Board concerning remuneration mat-ters and continuously monitor and assess remuneration structures and levels for the CEO and other senior executives in the Group’s Executive Management. The Committee has during 2018 met on three occasions. The Committee will provide continuous oral reports to the Board and submit proposals on matters requiring the Board’s consent.

 

News Alert