Nomination and Remuneration Committee

The Nomination and Remuneration Committee assists the Board of Directors with nomination of candidates for the Board of Directors, board committees and the Executive Leadership Team as well as remuneration of the board members, board committee members and members of the Executive Leadership Team.

The Nomination and Remuneration Committee assists the Board of Directors with nomination of candidates for the Board of Directors, board committees and the Executive Leadership Team as well as remuneration of the Board members, board committee members and members of the Executive Leadership Team. The Nomination and Remuneration Committee meets as necessary, but at least 2 times a year. The Nomination and Remuneration Committee was established in 2017. Subjects dealt with at meetings comprise both fixed topics that are reviewed at each meeting according to the committee’s annual wheel and other items identified for discussion during the course of the year.

The Charter of the Remuneration and Nomination Committee can be found here.

Members of the Nomination and Remuneration Committee

The Nomination and Remuneration Committee consists of three members, who are members of the Board of Directors. All three members are considered independent under Danish law and pursuant to the Danish corporate governance recommendations. All members possess the relevant qualifications and competences.

The following members have been elected to the Remuneration and Nomination Committee by the Board of Directors:

  • Jørgen Buhl Rasmussen (Chairman)
  • Agnete Raaschou-Nielsen
  • Kim Stratton

Subjects covered in 2019

  • Executive remuneration structure, including a proposal for a new remuneration policy
  • Changes in composition of Executive Leadership Team
  • Changes in composition of Board of Directors