The Board is responsible for the company’s organisation and management of the company’s affairs. The Board shall continuously monitor the financial situation of the company and the Group and shall ensure that the company is organised in such a way that its accounting, cash management and other financial circumstances can be adequately controlled. The Board shall also ensure that its performance is evaluated on an annual basis through a systematic and structured process.
The Board’s rules of procedures, including instructions for the division of responsibilities between the Board and the President & CEO, are updated and adopted annually. The rules of procedure regulate the Board’s obligations, the division of responsibilities within the Board, the minimum number of Board meetings, the annual agenda and main topic of each meeting, instructions for preparing the agenda and background documentation for decisions.
The Chairman of the Board supervises the work of the Board and is responsible for ensuring that the Board carries out its responsibilities in an organised and efficient manner. The Chairman continuously monitors the Group’s development through ongoing contact with the President & CEO. The Chairman of the Board represents the company in matters related to ownership structure. In accordance with Sweco’s Articles of Association, the Board of Directors is comprised of at least three and not more than nine members.
Composition of the Board
The Board consists of seven ordinary members elected by the AGM and three employee representatives, with three union-appointed deputies. The AGM-elected Board members serve for a one-year period through the conclusion of next year’s AGM. With the exception of the President & CEO Åsa Bergman, none of the AGM-elected Board members have an operational role in the company. Five of the AGM-elected Board members are of Swedish nationality, one of German nationality and one of Swedish and American nationality. There are four female and three male AGM-elected Board members. With the exception of the President & CEO Åsa Bergman, all AGM-elected Board members are independent in relation to Sweco. With the exception of Gunnel Duveblad, Johan Hjertonsson and Johan Nordström, the AGM-elected Board members are independent in relation to the major shareholders.
Board of Directors
Born in 1966. Board Chairman. Member of the Board since 2012. Directorships include: Skirner AB and Hemfrid i Sverige AB.
Born in 1955. Member of the Board since 2008. Chairman of: Team Olivia Group AB, Global Scanning Holding A/S, HiQ International AB and the Ruter Dam Foundation.
Born in 1960. Member of the Board since 2016. Board member of: Hochtief AG, Berliner Wasserbetriebe A.ö.R and KSBG GmbH.
Born in 1967. Swedish and American citizen. Member of the Board since 2017.
Born in 1968. Member of the Board since 2015. Board member of: Nederman Holding AB and Swegon Group AB.
Born in 1967. Member of the Board since 2018. President and CEO since 2018. Directorships include: Persson Invest AB and Almega Tjänsteförbunden..
Born in 1957. Member of the board since 2018. Further member of: Chairman of the Board in Loomis AB and Board Member in Hexpol AB and Axel Johnson Inc.
Work of the Board
Apart from the statutory Board meeting held immediately following the AGM, the Board meets at least six times per year. In 2019 the Board held nine meetings, four of which were held in conjunction with publication of interim reports. The meeting held in conjunction with publication of the Q2 report was held via telephone, with all documentation distributed in advance. In conjunction with the September meeting in Copenhagen, Denmark, the Board visited Postgarden, an architectural project transforming the historic main Post office complex in central Copenhagen to a welcoming retail and office space. In addition to reporting on the development of Sweco’s operations and finances, the Board meetings in 2019 devoted considerable attention to organic and acquisition-driven growth, the company’s strategic focus, management and HR matters, CSR, risk management, internal control matters and other matters for which decision responsibility is assigned to the Board by the rules of procedure. Executive Team members other than the President & CEO participate in Board meetings to present reports when necessary. The Board Secretary is the company’s General Counsel. The company’s statutory auditor takes part in at least one Board meeting per year. Attendance at Board, Audit Committee and Remuneration Committee meetings in 2019 is presented in the following table.