Board of Directors and Auditors

Board of Directors and Auditors

Composition of the Board: In accordance with the articles of association, the Board of Directors shall consist of three to ten members, without deputies. Board members are elected annually by the Annual General Meeting for the period until the next Annual General Meeting. In accordance with legislation, employees elect three Board members and a deputy. Trelleborg’s CFO participates in the Board meetings as does the General Counsel, who also serves as the Board’s Secretary.
The below information reflect the situations per December 31, 2015. For information about current share holdings please visit the Swedish Financial Supervisory Authority's website

Board Members elected by Annual General Meeting

Sören Mellstig

Chairman of the Board
Other assignments: Chairman of Ellevio AB, Textilia, Ferrosan MD A/S. Board member of the Julin Foundation.
Qualifications: Graduate in business administration.
Previous experience: President and CEO of Gambro and CFO and Vice President of Incentive.
Holdings 2015: 117,809 shares.
Holdings 2014117,809 shares.
Born: 1951. Elected to Board: 2008. In current position since 2013. 
Dependence: No.

Hans Biörck

Board member
Other assignments: Chairman of Crescit Asset Management AB, Board member of Dunker Funds and Foundations, Skanska AB, and Bure Equity AB.
Qualifications: Graduate in business administration.
Previous experience: CFO of Skanska AB, Autoliv Inc. and CFO of Esselte AB.
Holdings 2015: 5,000 shares
Holdings 2014: 5,000 shares
Born: 1951. Elected to Board: 2009.
Dependence: Yes. Dependent in relation to the company’s major shareholders through his assignment on behalf of Trelleborg’s main owner, Dunker Funds and Foundations.

Jan Carlson

Board member
President and Chairman of Autoliv Inc. 
Other assignments : Board member of BorgWarner Inc., the Confederation of Swedish Enterprise and the Association of Swedish Engineering Industries. Qualifications: M.Sc. Eng.
Previous experience: President of Saab Combitech.
Holdings 2016 : 1,100 shares.
Holdings 2015: -
Born: 1960. Elected to Board: 2013.
Dependence: No.

Gunilla Fransson

Board member
Other assignments: Board member of Eltel AB, Nederman AB, Net Insight AB, Enea AB, Permobil AB and Teleopti TEM AB, and member of the board of Uppsala University and President for Novare Peritos.
Qualifications: Licentiate of Technology.
Previous experience: Various management positions at Saab AB and Ericsson AB.
Holdings 2016: 3,000 shares. 
Born: 1960. Elected to the Board: 2016.
Dependence: No.

Peter Nilsson

President and CEO Trelleborg
Qualifications: M.Sc. Eng.
Board member of Beijer Alma AB, Trioplast Industrier AB and The Chamber of Commerce and Industry of Southern Sweden.
Previous experience: Business Area President at Trelleborg and positions within the Trelleborg Group, as well as management consultant at BSI.
Holdings 2015: 90,572 shares and 250,000 call options*.
Holdings 2014 : 90,572 shares.
Born: 1966. Elected to Board: 2006.
Dependence: Yes. Dependent in relation to the company as a result of his position as Trelleborg’s President.

Johan Malmquist

Board member
Other assignments: Chairman of Tingstad Papper AB. Board member of Dunker Funds and Foundations, Elekta AB, Getinge AB, Mölnlycke Health Care AB, SCA AB and Chalmers University of Technology Foundation.
Qualifications: Graduate in business administration.
Previous experience: President and CEO of Getinge AB and various management positions at Electrolux AB.
Holdings 2016: 5,000 shares.
Born: 1961. Elected to the Board: 2016.
Dependence: Yes. Dependent in relation to the company’s major shareholders through his assignment on behalf of Trelleborg’s main owner, Dunker Funds and Foundations

Anne Mette Olesen

Board member
Chief Marketing Officer, AAK AB
Other assignments: Board member of EASIS A/S.
Qualifications: MBA and B.Sc. Eng. 
Previous experience: Management positions at Coloplast A/S, Chr. Hansen A/S and Danisco Ingredients A/S. 
Holdings 2016: 2,500 shares.
Holdings 2015: -
Born: 1964. Elected to Board: 2015.
Dependence: No.

Bo Risberg

Board member
Other assignments: Chairman of Piab Group Holding AB and Valmet Oy. Deputy Chairman of Grundfors Holding A/S and the IMD Supervisory Board. Board member of Nordstjernan AB, Stäubli Holding AB and Poul due Jensen Foundation.
Qualifications: MBA and B.Sc. Eng.
Previous experience: President and CEO of Hilti Corporation and various management positions at ABB in Sweden and Canada.
Holdings 2016: 9,011 shares.
Holdings 2015: 9,011 shares.
Born: 1956. Elected to Board: 2010.
Dependence: No.

Susanne Pahlén Åklundh

Board member
Executive Vice President Alfa Laval AB  Other assignments: Board member of Alfdex AB.
Qualifications: M.Sc. Eng.
Previous experience: Various management positions at Alfa Laval AB.
Holdings 2016: 1,500 shares.
Born: 1960. Elected to Board: 2016.
Dependence: No.

Board members appointed by employees

Göran Andersson

Employee representative
Mechanic, appointed by the Unions of the Trelleborg Group (LO).
Other assignments: Member of Unions of the Trelleborg Group (LO).
Qualifications: Mechanic, negotiation training and training in labor law.
Holdings 2015: -
Holdings 2014: -
Born: 1959  Elected to Board: 2014.

Peter Larsson

Employee representative
Plant manager, appointed by the Unions of the Trelleborg Group (PTK).
Other assignments: Chairman of Unionen Trelleborg AB, member of Trelleborg European Works Council and member of Trelleborg Swedish Works Council (PTK). 
Qualifications: Engineer.
Holdings 2015: 3,000 shares. 
Holdings 2014: 3,000 shares.
Born: 1965. Elected to Board: 2011.

Mikael Nilsson

Employee representative
Industrial worker, appointed by the Unions of the Trelleborg Group (LO).
Other assignments: Chairman of Trelleborg Swedish Works Council (LO) and Chairman of Trelleborg European Works Council. Board member of Avdelning 52 Hus AB.
Qualifications: Training in labor law, economics and personnel policy.
Holdings 2015: -
Holdings 2014: -
Born: 1967. Elected to Board: 2009.

Ingemar Thörn

Employee representative, deputy
Customer service, appointed by the Unions of the Trelleborg Group (PTK).
Other assignments: Vice Chairman of Unionen Trelleborg AB and member of Trelleborg Swedish Works Council (PTK).
Qualifications: Engineer, training in purchasing and logistics.
Holdings 2015: 100 shares.
Holdings 2014: 100 shares.
Born:1972. Elected to board: 2014.

*The principal owner Henry Dunker Donation fund & foundations has offered the President and CEO 250,000 call options in Trelleborg, with a term of 5 years. Peter Nilsson accepted these call options in February 2016 at a price of SEK 15.20 per call option. Each call option entitles the holder to purchase one share of Series B at an exercise price at SEK 143.16. Trelleborg AB did not participate in the offer and will not have any expenses in connection with the offer.

Board's Committees

The Board has established three committees from within its ranks without this otherwise impacting the Board’s responsibilities and duties. These are the Audit, Finance and Remuneration Committees.

Auditor

The Annual General Meeting appoints an auditor that examines the annual report and accounts, the consolidated financial statements, the administration of the Board of Directors and President and the annual report and accounts of subsidiaries, and submits an audit report.

Mikael Eriksson

Authorized Public Accountant, Auditor in Charge
Auditor of the Trelleborg Group since 2011.  
Partner of PricewaterhouseCoopers AB since 1989.
Qualifications: Graduate in business administration, Authorized Public Accountant since 1984.
Assignments: Eniro, Meda, EcoLean and Elverket.
Born: 1955.


Cecilia Andrén Dorselius

Authorized Public Accountant
Auditor of the Trelleborg Group since 2015.
Director of PricewaterhouseCoopers AB since 2011.
Qualifications: Graduate in business administration,
Authorized Public Accountant since 2009.
Assignments: Beijer Ref.
Born: 1979.

Auditors’ remuneration 2015

SEK M 2015  2014 
PricewaterCoopers    
Audit assignment  25  23
Audit activities other than audit assignment  1  1
Tax consultancy services  4  4
Other services  8  6
Other auditors    
Audit assignment  1  1
Tax consultancy service  0  0
Other services  0  0

Total

 39  35