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Board of Directors

The table below shows the members of the Board of Directors, when they were first elected and whether they are considered to be independent of the Company and/or the major shareholders.

 

 

 

 

Independent of

Name

Position

Member since

The Company and executive management

The major shareholders

Patrik Tigerschiöld

Chairman

2014

Yes

No

Niklas Edling

Board member

2019

Yes

Yes

Annette Kumlien

Board member

2019

Yes

Yes

Peter Nilsson

Board member

2023

Yes

Yes

Keith Svendsen

Board member

2021

Yes

Yes

 

 

Patrik Tigerschiöld
Chairman, Sweden
Patrik

Born 1964. Swedish citizen, resident in Sweden. Board member since 2014 and Chairman of the Board since 2018. Member of the Nomination Committee, Audit Committee and Remuneration Committee.

Education: M.Sc. in Business and Economics.

Other current assignments: Chairman of Bure Equity AB, Mycronic AB, SNS Center for Business and Policy Studies, and Yubico AB. Fellow of the Royal Swedish Academy of Engineering Sciences (IVA).

Recent previous assignments: Chairman of the Association for Generally Accepted Principles in the Securities Market. Member of the Board of Ovzon AB.

Holdings in Cavotec with family: 1,598,000 shares.

Niklas Edling
Member, Sweden
Niklas

Born 1963. Swedish citizen, resident in Sweden. Board member since 2019. Member of the Audit Committee.

Education: M.Sc. in Mechanical Engineering from Royal Institute of Technology, Stockholm and a B.Sc. of Economics and Business Administration from Stockholm School of Economics.

Other current assignments: CEO of Nodica Group AB and member of the Board of HMS Networks AB.

Recent previous assignments: CEO at ScandiNova Systems AB. SVP Corporate Development and deputy CEO as well as SVP Operations at Mycronic.

Holdings in Cavotec: 90,040 shares.

Annette Kumlien
Member, Sweden
Annette

Born 1965. Swedish citizen, resident in Sweden. Board member since 2019. Chair of the Audit Committee.

Education: Bachelor of Business Administration from Stockholm School of Economics.

Other current assignments: COO Intrum AB and member of the Board of Dirac Research AB.

Recent previous assignments: GVP and CFO at Munters Group AB, CFO and COO at Diaverum, CFO at Höganäs AB and Pergo AB.

Holdings in Cavotec: 75,000 shares.

Peter Nilsson
Member, Sweden
Peter Nilsson

Born 1962. Swedish citizen, resident in Sweden. Board member since 2023. Chairman of the Remuneration Committee.

Education: M.Sc. in Business and Economics from Stockholm School of Economics.

Other current assignments: Chairman of Lindab Group, Nilfisk A/S and member of the Board of Creades AB.

Recent previous assignments: Chairman of Adapteo AB and Unilode AG, Deputy Chairman of the Board of Cramo OYJ and Creaspac AB as well as CEO of Sanitec AB and Duni AB.

Holdings in Cavotec: 212,180 shares through his company Poleved Industrial Performance AB.

Keith Svendsen
Member, Denmark
Keith

Born 1973. Danish citizen, resident in The Netherlands. Board member since 2021. Member of the Remuneration Committee.

Education: Master Mariner from Fanoe Navigation College in Denmark, and an Executive MBA from the London Business School, in the UK.

Other current assignments: CEO of APM Terminals and a member of the Executive Leadership Team at A.P. Moller-Maersk and Director of Through Transport Mutual Insurance Association Ltd.

Recent previous assignments: COO of APM Terminals and Head of Operational Execution for the Maersk Group’s Ocean Shipping business.

Holdings in Cavotec: -