The Remuneration Committee’s responsibilities include:
- Preparing proposals for resolution by the Board on salary and other remuneration, including retirement compensation, for the President and CEO
- Preparing proposals for the Annual General Meeting on the guidelines for
remuneration to the Executive Team - Preparing proposals for the Annual General Meeting on the Long-Term
Variable Compensation Program (LTV) and similar equity arrangements for consideration at the Annual General Meeting - Approving proposals on salary and other remuneration, including retirement compensation, for the members of the Executive Team (other than the President and CEO)
- Approving proposals on target levels for the short-term variable compensation (STV) for the members of the Executive Team (other than the President and CEO)
- Approving pay-out of the STV for the members of the Executive Team (other than the President and CEO), based on achievements and performance.
Members of the Remuneration Committee
The Remuneration Committee consists of four Board members appointed by the Board.
The current members of the Remuneration Committee are:
Jan Carlson (Chair of the Committee)
Kristin S. Rinne
Jonas Synnergren
Kjell-Åke Soting
The Remuneration Committee has appointed Peter Boreham from Mercer as its independent advisor.
Information on remuneration
For further information on fixed and variable remuneration, please see the Remuneration Report.