From left to right, seated: Colin Hood*, Jens Henriksson, Sören Mellstig, Chairman, Oskar Backman**, and Mattias Bylund
From left to right, standing: Karin Jarl Månsson and Mohammad Nazemi, Employee representative
Not in the photo: Pamela Sundin, Employee representative, Ralph Berg, Lars Clausen* and Teresa Isele**
* Colin Hood resigned 28 February 2019. He was replaced by Lars Clausen.
** Oskar Backman resigned 25 April 2019. He was replaced by Teresa Isele
The Board of Directors is responsible for the organisation and administration of Ellevio and for the ongoing assessment of the company’s financial situation. The Board’s remit also includes ensuring that Ellevio’s organisation is designed in a manner that assures satisfactory control of accounting, treasury management and financial conditions otherwise. The Board must furthermore adopt operational targets and strategy, evaluate operational management and ensure that effective systems for monitoring and control are in place. The Board is also required to draft a written charter for its own work, which must be revised and adopted annually. The Board of Directors of Ellevio held 9 meetings in 2018.
Four Board committees have been established to improve efficiency and opportunities for deepening the work of the Board. These are the Audit Committee, the Nomination and Remuneration Committee, the Finance Committee and the Sustainability Committee. The committees work in an advisory capacity only and their work primarily involves preparing matters for decision by the Board. Meetings are minuted and committee chairs report the progress of their work at every board meeting. Representatives of Ellevio’s executive management participate at committee meetings.