Read below for information about the board members' position, age, education, other ongoing assignments, other relevant experience and holdings of shares and share-related instruments in the company.
Elected: Chairman of the Board since 2017. Chairman of the Remuneration Committee.
Born: 1958
Education: Master of Science in Engineering, Lund University.
Other assignments in selection: Chairman of the Board of Nordic Waterproofing Group AB, Svevia AB (publ) and Nääs Konsult och Förvaltning AB. Board member of BE Group AB (publ), Acrinova AB (publ), XPartners Samhällsbyggnad AB (publ), System Engineering Solutions 37 (SES37) AB and Aktiebolaget Bösarps Grus & Torrbruk.
Other experience: Previous CEO of Bravida and Peab Industri.
Holding of shares and other share-related instruments (own and through closely related parties): 281,330 shares (through company owned endowment insurance).
Elected: Board member since 2021. Chairman of the Audit Committee.
Born: 1960
Education: MSc in Economics, Lund University, MBA Webster University, Geneva.
Other assignments in selection: Chairman of the Board of Destination Invest i Göteborg AB, Board member of AcadeMedia AB, Aktiebolaget Trav och Galopp, Almi AB and Norion Bank AB.
Other experience: Leading positions in DNB Bank ASA.
Holding of shares and other share-related instruments (own and through closely related parties): 11,000 shares and 9,000 shares through related parties.
Elected: Board member since 2021. Member of the Audit Committee.
Born: 1955
Education: MSc in Economics, Örebro University, Mechanical Engineer, Örebro Technical.
Other assignments in selection: Chairman of the Board of Alligo AB, LW Sverige AB, Sell Power Nordic AB and SP Group AB. Board member of Navigo Invest AB, GardenStore Nordic AB, Profun Förvaltnings AB and Funpro Förvaltnings AB.
Other experience: Former President and CEO of Ahlsell AB, senior positions in Ahlsell Group, president of Jirva AB, purchasing director in Calor Celsius AB and senior positions in Alfa Laval.
Holding of shares and other share-related instruments (own and through closely related parties): 2,590,000 shares (through companies) and 12,480 shares through related parties.
Elected: Board member since 2016.
Born: 1981
Education: Master of Business Administration, School of Business, Economics and Law at the University of Gothenburg.
Other assignments in selection: Board member of Visa Invest AB and Clean Invest Scandinavia AB.
Other experience: CEO of Navigo Invest AB since 2019.
Holding of shares and other share-related instruments (own and through closely related parties): 39,763 shares (through companies).
Elected: Board member since 2020. Member of the Remuneration Committee.
Born: 1958
Education: Master of Science in Engineering, Norwegian Institute of Technology (now under the name Norwegian University of Science and Technology).
Other assignments in selection: Board member of Geogruppen i Göteborg Holding AB and L.Jot Invest AB.
Other experience: Previous CEO of Norconsult AB.
Holding of shares and other share-related instruments (own and through closely related parties): 35,000 shares (through companies).
Position: CEO since 2016.
Born: 1974
Education: Master of Science in Engineering, Luleå University of Technology.
Other assignments in selection: Chairman of the Board of Jovian Invest AB, Getten AB, Getten Invest AB, ACJL Holding AB and Jernstenen Invest AB. Board member of Geogruppen i Göteborg Holding AB and Atandakil Invest AB.
Other experience: CEO of Norrbottens Bergteknik 2010-2020 and previously worked at Skanska.
Holding of shares and other share-related instruments (own and through closely related parties): 1,508,649 shares (own and through company owned endowment insurance).
Position: CFO since 2017.
Born: 1957
Education: MSc in Economics, Lund University.
Other assignments in selection: Board member of GRANGEX AB (publ), Jovian Invest AB, Ouest AB, Jernstenen Invest AB, ACJL Holding AB and Laub Invest AB.
Other experience: Previously worked at HiQ, SAS and Imerys.
Holding of shares and other share-related instruments (own and through closely related parties): 763,192 shares (own and through company owned endowment insurance).
Position: Country Manager Norway since 2017.
Born: 1975
Education: Education in rock and tunneling.
Other assignments in selection: Chairman of the board of Protech Consult AS, Heo Invest AS, Oddbjørn Røed AS and Sandefjordgruppen Invest AS.
Other experience: CEO and other positions within Vestfold group for over 20 years.
Holding of shares and other share-related instruments (own and through closely related parties): 304,567 shares (through companies).
Position: IR and Communications Manager since 2021.
Born: 1967
Education: MSc in Economics, Växjö University, specialization National economy.
Other assignments in selection: Board member of Stable Five AB, Tigerrace AB and Tigerrace Naturinvest AB.
Other experience: Head of Investor Relations in several listed companies and senior advisor at SAFIRAB AB (Safir Communication).
Holding of shares and other share-related instruments (own and through closely related parties): 52,500 shares (own and through companies).
The Board’s main responsibility is to manage Nordisk Bergtekniks’ business in the best interests of the company and shareholders, as well as to safeguard and promote a good corporate culture. The Board is also responsible for the organisation and management of the Group. The Board continuously assesses Nordisk Bergtekniks’ financial position and ensures that the company’s financial position can be adequately verified. The Board of Directors decides on issues related to the Group’s strategic direction and organisation, and decides on key acquisitions, investments, and disposals.
The Chairman of the Board of Directors has a special responsibility to ensure that the work of the Board of Directors is well organised and conducted efficiently, and that the Board of Directors fulfils its duties and obligations. The Chairman of the Board of Directors organises and leads the work of the Board of Directors, is responsible for contacts with the owners in ownership matters and ensures that the work of the Board of Directors is evaluated annually.
The Board of Directors continuously evaluates the work of the CEO and Group Management. Before every AGM, and based on proposals made by the Remuneration Committee, the Board of Directors prepares proposals for guidelines for remuneration to the CEO and other senior executives. The basis for the Board´s work relies on the rules of procedure for the Board of Directors, the CEO instructions, and the principles for division of work between the CEO, Chairman of the Board, the Board of Directors, and various committees established by the Board of Directors. The Board’s rules of procedure and the CEO instructions are revised and updated annually.
The Board has established an audit committee and a remuneration committee. The work of the committees is mainly of a preparatory and advisory nature, but the Board may delegate decision making authority to the committees in special cases.
The Audit Committee shall consist of at least two AGM-elected board members. The committee members shall have specialist competence, experience of and interest in financial and accounting issues. The Board elects the Chairman of the Audit Committee. The Audit Committee’s members are Marie Osberg (Chairman of the Audit Committee) and Göran Näsholm.
The Audit Committee supports the Board in fulfilling its responsibilities in internal control and accounting, and to ensure the quality and oversight of Nordisk Bergtekniks’ financial reporting. The purpose is to increase the quality of the audit and to improve contacts between the Board and the company’s auditor as well as to increase the quality and improve the supervision and control of the Company’s financial risk exposure and risk management.
The Audit Committee analyses and highlights key accounting issues affecting the Group and monitors the financial reporting process to ensure quality. The committee also takes note of the company’s impairment test and its assumptions, assists the Nomination Committee to prepare proposals for auditors and their fees, and assesses the independence of the external auditor.
Regarding the Group’s risks the Audit Committee monitors that there are well-functioning processes within the Group for identifying and managing risk, in addition to monitoring the efficiency of the Group’s risk management processes.
The Remuneration Committee shall consist of at least two AGM-elected board members. The committee members shall have the necessary knowledge and experience in matters concerning remuneration to senior executives. The Board elects the Chairman of the Remuneration Committee. The Remuneration Committee’s members are Chairman of the Board Mats O. Paulsson (Chairman of the Remuneration Committee) and Ljot Strömseng.
The Remuneration Committee submits proposals to the Board on CEO’s and other in Group Management’s salary and other terms of employment and draws up guidelines for remuneration to senior executives. The Remuneration Committee evaluates the application of these guidelines. The committee also has the task of monitoring and evaluating programmes for variable remuneration to Group Management that are ongoing or have been completed during the year, as well as assisting with succession matters.
The table below presents the Board members and their independence, partly in relation to Nordisk Bergteknik and its senior executives, and partly in relation to the Company’s major shareholders. Major shareholders are defined in the Swedish Code of Corporate Governance as shareholders who directly or indirectly control 10 % or more of the shares or votes in the Company.
| Name | Position | Independent relative to the company and management |
Independent relative to major shareholders |
|---|---|---|---|
| Mats O. Paulsson | Chairman | Yes | Yes |
| Marie Osberg | Member | Yes | Yes |
| Göran Näsholm | Member | Yes | No |
| Victor Örn | Member | Yes | No |
| Ljot Strömseng | Member | Yes | Yes |
Chairman of the Board
Elected: Chairman of the Board since 2017. Chairman of the Remuneration Committee.
Born: 1958
Education: Master of Science in Engineering, Lund University.
Other assignments in selection: Chairman of the Board of Nordic Waterproofing Group AB, Svevia AB (publ) and Nääs Konsult och Förvaltning AB. Board member of BE Group AB (publ), Acrinova AB (publ), XPartners Samhällsbyggnad AB (publ), System Engineering Solutions 37 (SES37) AB and Aktiebolaget Bösarps Grus & Torrbruk.
Other experience: Previous CEO of Bravida and Peab Industri.
Holding of shares and other share-related instruments (own and through closely related parties): 281,330 shares (through company owned endowment insurance).
Board member
Elected: Board member since 2021. Chairman of the Audit Committee.
Born: 1960
Education: MSc in Economics, Lund University, MBA Webster University, Geneva.
Other assignments in selection: Chairman of the Board of Destination Invest i Göteborg AB, Board member of AcadeMedia AB, Aktiebolaget Trav och Galopp, Almi AB and Norion Bank AB.
Other experience: Leading positions in DNB Bank ASA.
Holding of shares and other share-related instruments (own and through closely related parties): 11,000 shares and 9,000 shares through related parties.
Board member
Elected: Board member since 2021. Member of the Audit Committee.
Born: 1955
Education: MSc in Economics, Örebro University, Mechanical Engineer, Örebro Technical.
Other assignments in selection: Chairman of the Board of Alligo AB, LW Sverige AB, Sell Power Nordic AB and SP Group AB. Board member of Navigo Invest AB, GardenStore Nordic AB, Profun Förvaltnings AB and Funpro Förvaltnings AB.
Other experience: Former President and CEO of Ahlsell AB, senior positions in Ahlsell Group, president of Jirva AB, purchasing director in Calor Celsius AB and senior positions in Alfa Laval.
Holding of shares and other share-related instruments (own and through closely related parties): 2,590,000 shares (through companies) and 12,480 shares through related parties.
Board member
Elected: Board member since 2016.
Born: 1981
Education: Master of Business Administration, School of Business, Economics and Law at the University of Gothenburg.
Other assignments in selection: Board member of Visa Invest AB and Clean Invest Scandinavia AB.
Other experience: CEO of Navigo Invest AB since 2019.
Holding of shares and other share-related instruments (own and through closely related parties): 39,763 shares (through companies).
Board member
Elected: Board member since 2020. Member of the Remuneration Committee.
Born: 1958
Education: Master of Science in Engineering, Norwegian Institute of Technology (now under the name Norwegian University of Science and Technology).
Other assignments in selection: Board member of Geogruppen i Göteborg Holding AB and L.Jot Invest AB.
Other experience: Previous CEO of Norconsult AB.
Holding of shares and other share-related instruments (own and through closely related parties): 35,000 shares (through companies).
