In order to increase the efficiency of its work and enable a more detailed analysis of certain issues, the Board has formed Committees. At the statutory meeting of the Board, members of the Board are elected to the Board Committees.
The responsibilities of the Remuneration Committee are, among other things, to monitor, evaluate and prepare guidelines for salary and other remuneration and to decide remuneration to the members of the Extended Management Group, except for the CEO for whom the Board as a whole sets the remuneration.
- Jacob Wallenberg (Chair)
- Tom Johnstone
- Lena Treschow Torell
Audit and Risk Committee
The Audit and Risk Committee is responsible for assuring the quality of the financial reporting and the efficiency in the internal control system. The Audit and Risk Committee also evaluates financial strategies, risk exposure and that the company’s compliance efforts are effective.
- Grace Reksten Skaugen (Chair)
- Gunnar Brock
- Magdalena Gerger
- Jacob Wallenberg
Elected members to the Board Committees is presented in the Annual Reports for each year.