Born: 10 April 1960 * The mentioned number of shares includes both own and related parties’ total shareholding. Position with Vestas Wind Systems A/S The Board of Directors continuously work to increase diversity within the board. Competencies Investor Relations' Communications strategy Return on Capital Employed has replaced Return on Invested Capital. 2016-2019 - CEO, Save the Children International Excluding significant projects considered one-off in nature, audit related services accounted for 77 percent of audit and non-audit services provided by the Group auditors globally in 2019. The Board of Directors is not included in incentive programmes (share option programmes, bonus pay or similar plans). Also taken into consideration is the Board members’ required competencies, efforts and the scope of the board work, including the number of meetings. A commitment that everyone in Vestas has shown throughout the years. 1999-2002 - Managing Director Ericsson Australia, Expert on sourcing the steel market and in depth knowledge of the US market. The V164 offshore wind turbine continues to be a success in the marketplace and as a result of a strong order intake, factories are ramping up production in anticipation of the increasing volume of new installations.
Member of the Nomination & Compensation Committee. The third part cookies used on this website are used to gather information about how people navigate the site. In addition, the ambition is to build a leading offshore service business from the growing installed base. Non-audit services (PricewaterhouseCoopers): Shareholders may exercise their shareholder rights, Shareholders can access Vestas’ InvestorPortal.
Any shareholder who is entitled to attend a general meeting and Vestas intends to comply with and adapt its procedures to align with the current applicable Danish codes to the extent possible and desirable. Chairman of the Technology & Manufacturing Committee. Member of the Axcel Advisory Board (DK). Remuneration report 2015 Competencies Vestas Wind Systems is the world's leading manufacturer of wind turbines. Position with Vestas Wind Systems A/S The Committees consist of at least three members, who are elected for a one-year term by and among the members of the company’s Board of Directors and may not be a member of the Executive Management. The information systems are designed to identify, collect, and communicate relevant information, reports, etc. Remuneration report 2016
Charter of the Technology and Manufacturing Committee. Shareholding the co-operation between the Board of Directors and the Executive Management. This framework focuses on identification, evaluation, treatment, monitoring, and communication of risks, where risk owners are responsible for managing risks within their area of responsibility. 1994-1997 - Product Line Director, Danfoss A/S Member of the Board since 2020. view the size of your own portfolio of registered Vestas shares; vote at general meetings in advance or appoint a proxy. In order for the management to take risk-adjusted decisions, we have integrated a group-wide enterprise risk management framework. The revenue for the offshore joint venture, MHI Vestas Offshore Wind A/S (MHI Vestas Offshore Wind), amounted to EUR 1.1bn in the calendar year 2018, which is in line with revenue in 2017. Leading in profitability to enable us to reinvest into Vestas’ future innovation and competitiveness. who wishes to attend a general meeting or to be represented by proxy, must 2002-2003 - Vice President and Head of Ericsson Global Services, LM Ericsson Group To reap the benefits of this transition, we continue to consolidate and expand our strong position within all three business areas: while investing in the solutions and commercial capabilities needed to meet future market demand. Chairman of the boards of Hydrema Holding ApS, Bogballe A/S and Bogballe Investment A/S, Ellepot A/S and Ellegaard Investment I ApS, Guldager A/S and CapHold Guldager ApS, Robco Engineering A/S and Robco Engineering Investment A/S, Arminox A/S and Arminox Investment A/S, Bjerringbro-Silkeborg Håndbold A/S - and PCH Engineering A/S and PCH Investment A/S. The shareholders in general meeting shall be the Company’s supreme authority in all company matters subject to the relevant legislation and Vestas' articles of association.
Born: 12 November 1959 2009-2012 Senior Vice President & CFO, Gambro AB (SE) Leading by market share in established markets and competing for leadership in emerging markets. The mentioned number of shares includes both own and related parties' total shareholding.
2003-2007 - CFO & Executive Vice President, LM Ericsson Group Accordingly, MHI Vestas Offshore Wind expects to double its revenue over a four-year period from a base of its completed financial year 2017/2018, while continuously improving profitability.
These risks are also reported to the Board of Directors and evaluated by the Board’s Audit Committee. Looking ahead Among other things, you can: Open the InvestorPortal to get additional information on how to log on by using Nem ID or with a username (VP ID) and password. Vestas expects to achieve an EBIT margin before special items of 8-10 percent with a service EBIT margin of approx. The purpose of the Vestas Group Tax Policy is to define global management of taxes including governance, structuring, and risk management. This is done in due consideration of the confidentiality required as a listed company. Born: 5 November 1970 Annual report 2019 - Strategy and ambitions (pdf). At the same time, the Group has the objective of reducing cost of capital.
The third part cookies used on this website are used to gather information about how people navigate the site. 24 percent. Vestas' news service makes it easy for you as a shareholder to keep up with the developments in Vestas. Education: Fiduciary positions All shareholders are entitled to have equal access to submit proposals, attend, vote and speak at general meetings. Convening notices and admission cards for Vestas’ general meetings are sent by email. Member of the Board since 2011 and re-elected for subsequent terms, most recently in 2020. Remuneration report 2019 Growing the service business continues to be a key part of Vestas’ corporate strategy as it provides a predictable and profitable supplement to the other business areas of the Group. Chairman of the boards of Applied Invest LLC, Applied VenCap LLC, and Human Care Corporation. Resident: Sweden While Vestas continued to lead the industry on key parameters such as sales, profitability, and technology, the industry continued its transition towards more complex and market-based mechanisms.
Vestas’ position with regard to each individual recommendation is described in Vestas’ statutory reports. Member of the Board of Directors since May 2020. University of Gothenburg, Former positions: Vestas shareholding: 834 shares.
Human rights and labour, Vision - To be the Global Leader in Sustainable Energy Solutions, Mission - To deliver best-in-class energy solutions for the benefit of our Meets the definition of independence as set out by the Danish Corporate Governance Committee.
Born: 2 November 1963 Nationality: Danish Vestas’ financial and non-financial reporting is audited by an independent external audit firm elected annually by the shareholders at the annual general meeting. Nationality: Swedish 1991-1996 - Product Manager / Director Product Management, Ericsson Group (SE) Has the following special competencies which specifically are essential to the work of the Board of Vestas Wind Systems A/S: In depth insights into the mobility patterns of the organisation and the supporting processes across functions. 2000-2009 Various management positions in the ISS Group Activity levels increased, as more than 10,676 MW was produced and shipped, and 10,847 MW delivered to customers. Education Position: Management Assistant, Technology & Service Solutions, Vestas Wind Systems A/S (DK) 1990-. Statutory report 2013 Position: Professional board member. If you continue to use our website, you accept the use of cookies. Vestas seeks to have an international group of shareholders and to inform everyone openly about the company’s long-term targets, priorities and initiatives conducted in due consideration of short-term opportunities and limitations. 1998-2007 - Partner, McKinsey & Co. Our mid-term objectives of being Global leader in wind power plant solutions and Global leader in wind service solutions include: Vestas is a company with employees and business partners from various different cultural backgrounds, religious beliefs, and political convictions. on an ongoing basis and on all levels to facilitate an effective, reliable workflow and the performance of controls. Position: Global Travel Manager, People & Culture, Vestas Wind Systems A/S (DK) 2005-. Competencies