Board of Directors
At the 2007 AGM six members were elected to the Board, one of whom was the CEO. In addition, there are four members, two of whom are deputies, nominated by the employees.
The primary role of the Board is to continuously inspect and highlight the different operations within XPonCard and create a basis for long-term value development by formulating and following up on the Group’s objectives and strategies, and to make decisions on key issues of a general Group nature. The Board appoints the Chief Executive Officer and decides terms and conditionsfor the CEO.
Once a year, the Board adopts a specific instruction which regulates the division between the Board and the CEO of any work falling outside the scope of the Public Limited Companies Act. Questions that are always subject to a Board decision include, for example, large-scale investments and changes to the legal structure. CEO is responsible for the day-to-day management of the business, financial reporting, information and continuous control.
The Board meets at least six times a year. The meetings take place in connection with the publication of annual or interim financial reports. At least one of the meetings takes place in connection with the visit to and an in-depth inspection of one of the Group’s operations. Additional meetings may be held as and when necessary. Each meeting followed an approved agenda. Proposals for the agenda and underlying documentation was distributed before each meeting. Three members of the Board were absent from one meeting and two members of the Board were absent from another meeting. All other meetings were attended by all Board members. All meetings were attended by Group anagement. The Company auditors presented their conclusions at one of the meetings.
In the execution of its work, the Board has observed its annual meeting plan. The purpose of the plan is to continuously give prominence to the different business areas of XPonCard and to satisfy the Board’s requirements for information and control. The Company’s strategic position is discussed at one annual Board meeting as a minimum and on this occasion the Company’s future strategic orientation is decided.
The plan also regulates the succession in which the following topics are discussed at Board meetings: decisions on credit lines, security instruments, instructions, budget, the conclusion of large-scale contracts and investment.
Because of the Company’s and the Board’s size, in 2007 the Board decided that it should incorporate, in its entirety and with the exception of the CEO, the Replacement Committee.
Because of the Company’s and the Board’s size, in 2007 the Board decided that it should incorporate, in its entirety, the Audit Committee.
The work of the Board is subject to an assessment by the Board. The basis for such assessment is prepared by the Chairman of the Board and of the Nomination Committee in consultation with the different members of the Board.
Board of Directors
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JON RISFELT
Chairman
b. 1962. Appointed 2007
Board member of Bilia, Enea Data,
Telia Sonera and Svensk Fastighetsförmedling.
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JOHAN RAPP
b. 1939. Appointed 1995.
Chairman of the board 1996-2007
Chairman of the board of Pomona-gruppen AB
and ITAB Industrier AB.
Board member of Alfred Berg Fondkommission AB,
Binär Elektronik AB, Vätternindustrier AB,
ITAB Shop Concept AB and others.
Rapp family holdings 812,235 XPonCard Group shares
Qualifications: Pol.mag, University of Stockholm
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MONICA CANEMAN
b. 1954. Appointed 2003.
Board member of Investment AB Öresund, Nocom AB,
Poolia AB, SJ AB, EDT AS, Orexo AB, Svenska Dagbladet AB,
Citymail AB, Schibsted ASA, EDB Business Partner ASA,
Akademikliniken AB, Nya Livsförsäkrings AB SEB, TryggLiv,
Point, Scandinavia AS and Interverbum AB
Holdings: 300 XPonCard Group shares
Qualifications:Graduate in business administration from Stockholm Business School Previously held various senior management positions within SEB.
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JENS CHRISTIAN LORENZEN
b. 1943. Appointed 1998.
CEO of Otto Mønsted A/S.
Board member of Arator A/S, Elbodan A/S, Gangsø Møbler A/S,
Carnegie World Wide and others.
Holdings: 100 XPonCard Group shares.
Qualifications: MBA from Copenhagen Business School and SMP from Harvard Previously CEO in PBS and held various senior management positions in companies within the banking and trade business
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JÖRGEN CENTERMAN
b. 1951. Appointed 2006.
Chairman of the board of Dacke PMC AB and HMS Networks AB
and board member of Micronic Laser Systems AB, Telelogic AB,
Segulah AB and Kordab AB.
Holdings: 0 XPonCard Group shares
Qualifications: MSc in Engineering Previously CEO in ABB and various senior management positions within ABB
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FLEMMING BREINHOLT
President
b. 1964. Employed by XPonCard Group since 1995
Holdings: 34,500 XPonCard Group shares
Qualifications: Graduate Diploma in Business Administration (Financial and Accounting Management), Copenhagen Business School
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Appointed by the employees
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MIKAEL ERIKSSON
b. 1962. Appointed 1999.
Employed by Inplastor AB.
Holdings: 0 XPonCard shares |
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CATRIN FORNANDER
b. 1963. Appointed 2006
Employed by Inplastor AB
Holdings: 0 XPonCard shares |
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Åke Agneflo
(suppleant)
Född 1955. Invald 2007.
Anställd i XPonCard AB
Innehar 0 XPonCard aktier. |
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PETER ULVAN
(deputy)
b. 1965. Appointed 2003
Employed by Inplastor AB.
Holdings: 0 XPonCard shares |