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, 2019.
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 Compensation Committees.
Audit Committee
The Audit Committee is composed by Gunilla Fransson, who also chairs the Committee, Hans Biörck, Susanne Pahlén Åklundh and Jan Ståhlberg. The Group’s CFO, the Group’s General Counsel, who is also the Secretary of the Audit Committee, the Head of the Internal Control, the Head of Group Finance, the Head of Group Treasury and the Head of Group Tax participate in the Committee meetings, as does the company’s auditor, when necessary.
Finance Committee
The Finance Committee is composed by Hans Biörck, who also chairs the Committee, Johan Malmquist and Jan Ståhlberg. The President and CEO, the Group’s CFO and the VP M&A and Strategy, who is also the Secretary of the Finance Committee, participate in the Committee meetings.
Remuneration Committte
The Compensation Committee is composed by Hans Biörck, who also chairs the Committee, Johan Malmquist and Anne Mette Olesen. The Senior Vice President Human Resources, who is also the Secretary of the Compensation Committee, participates in Committee meetings.
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.
Authorized Public Accountant, Auditor in Charge
Auditor of the Trelleborg Group since 2017. Partner of Deloitte since 1998.
Qualifications: Graduate in business administration. Authorized Public Accountant since 1992.
Assignments: Axfood, Castellum, Gunnebo and Lindab
Born: 1964.
Authorized Public Accountant
Auditor of the Trelleborg Group since 2017. Partner of Deloitte since 2008.
Qualifications: Master in business administration. Authorized Public Accountant since 2002.
Assignments: Atos Medical, CellaVision, Ikano bostad and Xylem.
Born: 1970.
SEK M | 2019 | 2018 |
---|---|---|
Deloitte | ||
Audit assignment | 24 | 24 |
Audit activities other than audit assignment | 1 | 1 |
Tax consultancy services | 0 | 0 |
Other services | 0 | 0 |
Other auditors | ||
Audit assignment | 5 | 3 |
Audit activities other than audit assignment | 0 | 0 |
Tax consultancy service | 0 | 0 |
Other services | 0 | 0 |
Total |
30 | 28 |