Board of directors

During the period between AGMs, the board of directors of Axis constitutes the highest decision-making body in the company. The duties of the board are governed by the Swedish Companies Act and by the articles of association. The current articles of association were adopted at the AGM 2015 and are available in their entirety on www.axis.com. According to the company’s articles of association, the board of directors shall consist of a minimum of three and a maximum of seven members, with a maximum of three deputy board members.

The formal work plan of the Board of Directors

Under the Swedish Companies Act, the board is responsible for drawing up and evaluating Axis’ overall, long-term strategies and goals, adopting the budget and taking decisions affecting the operations and major investments in Axis’ organization and operations. The formal work plan of the board is adopted annually by the board. The duties of the board and the division of responsibilities between the board and the President and CEO are described in the formal work plan and in the board’s instructions to the President and CEO. It is incumbent on the President and CEO, in consultation with the chairman of the board, to prepare the decision data, the notification and the agenda for each board meeting. The notification and decision data are to be circulated to the board members in good time. The minutes are to be circulated to the board members after the meeting, and a copy stored securely by the company. The role of the chairman of the board of Axis AB, among other things, is to monitor the progress of the business, to organize and lead the work of the board and to be responsible for ensuring that the other directors continually receive the information they require to carry out the work of the board with maintained quality and in accordance with the Swedish Companies Act.

Composition of the Board of Directors

Name

Year elected

Independent

Total fees

Biörn Riese (Chairman of the Board)

2015

Yes

800.000

Bert Nordberg

2015

Yes

400.000

Håkan Kirstein

2015

Yes

400.000

Martin Gren

1984

No

400.000

Toshizo Tanaka

2015

No

-

Eva Svensson (employee representative for IF Metall) 2017 - -

Farzin Akbar Zadeh (employee representative for SACO, deputy)

2017

-

-

Malte Lennerstedt (employee representative for SACO)

2017

-

-

Marie Nässlind (arbetstagarrepresentant för Unionen)

2015

-

-

Mats Friberg (arbetstagarrepresentant, suppleant för Unionen)

2015

-

-

 

Attendance

 

Attendeance

Name

Remuneration Committee

Board meetings

Committee meetings

Biörn Riese (Chairman of the Board)

-

12 (12)

 

Bert Nordberg

-

11 (12)

-

Håkan Kirstein

-

12 (12)

-

Martin Gren - 10 (12) -

Toshizo Tanaka

-

9 (12)

-

Cristian Ionescu-Idbohrn (employee representative for SACO) - 8 (12)

-

Haris Mustafic (employee representative for IF Metall) - 5 (12)  

Madhavi Kagganti (employee representative for SACO, deputy)

-

12 (12)

-

Marie Nässlind (employee representative for Unionen)

-

9 (12)

-

Mats Friberg (employee representative for Unionen, deputy)

-

10 (12)

-