Board of Directors
Anders Nielsen
Chairman of the Board & member since 2017
Born 1962
M.Sc. Industrial Engineering and Management
CTO Vestas Wind Systems A/S from 1 April 2020. Previously CTO at TRATON, responsible for product development associated with the brands of Scania, MAN and Volkswagen Caminhões e Ônibus 2016-2019, CEO of MAN Truck & Bus AG 2012-2015. Anders' career began at Scania in 1987, culminating with his appointment as Executive Vice President, Head of Production and Logistics at Scania AB in 2010. Member of the Board of Haldex AB 2015-2017, Konecranes Oy 2017-2019.
Shareholding in Concentric: 3,700 shares
Independent in relation to the Company, the senior Management and to major shareholders.
Claes Magnus Åkesson
Chairman of the Audit Committee and member since 2010
Born 1959
B.Sc. Business Administration
Chairman of JM@Home. Boardmember of VIE SPAC AB. Previously CFO of JM AB. Claes Magnus has a broad international experience from different treasury and controller positions at Ericsson 1987-1998. Boardmember of Handicare Group AB 2017-2021 and has had several board assignments within the JM Group.
Shareholding in Concentric: 8,000 shares
Independent in relation to the Company, the senior Management and to major shareholders.
Martin Sköld
Member since 2010
Born 1973
Ph D Business Administration, M.Sc. Industrial management and Business Administration, and B.Sc. Innovation Engineering.
Ph D Innovation and Operations Management at Stockholm School of Economics
Director and member of the Foundation IMIT. Chairman of Vedum Kök & Bad AB and Kvänum Kök AB. Corporate advisor for multinational corporations and assignments within family firm businesses manufacturing trailers for the heavy truck industry, and a wholesale dealer for heavy trailer spares parts.
Shareholding in Concentric: 400 shares
Independent in relation to the Company, the senior Management and to major shareholders.
Karin Gunnarsson
Member since 2019
Born 1962
B.Sc. Business Administration
Boardmember of Beijer Electronics Group AB and Bulten AB among others. Previously CFO and responsible for Investor Relations in HEXPOL AB. Experience from various positions in Finance and Controlling, such as SVP Group Controlling at Telelogic AB and as Group Accounting Manager at Trelleborg AB.
Shareholding in Concentric: 2,500 shares
Independent in relation to the Company, the senior Management and to major shareholders.
Petra Sundström
Member since 2021
Born 1976
Fil. Dr in Human Computer Interaction, Master in Computer Science
Vice President and Head of Digital Offering at Sandvik Rock Processing. Former chairman of the board of IoT Sverige. Petra has previously worked at Husqvarna Group and is a regularly appointed lecturer in topics such as Digital transformation, innovation and the Internet of Things.
Shareholding in Concentric: 200 shares
Independent in relation to the Company, the senior Management and to major shareholders..
Joachim Rosenberg
Member since 2021
Born 1970
MM.Sc. Industrial Engineering and Management, Master of Business Administration and Master of Economics.
Executive Vice President for Volvo Group. Joachim has worked within the Volvo Group since 2005 and has been a member of the company's Executive Board since 2012. He is President of Volvo Energy since 2021. Before Volvo, Joachim worked at McKinsey & Company for eight years, based in Europe and the USA.
Shareholding in Concentric: 1,000 shares
Independent in relation to the Company, the senior Management and to major shareholders.
Mark Williamson
Member since 2024
Born 1960
HND Mechanical & Production Engineering
General Manager HVAC EMEA at SPX Cooling Technologies, Inc. Mark Williamson's previous assignments include the roles of VP Operations & Services, General Manager Australasia, at Aereon, and Global Aftermarket Director at Gardner Denver, a KKR & Co – owned company. Previously at Cargotec Oy, a Finnish based company, Mark held senior positions including, SVP Hiab Services and SVP Kalmar EMEA.
Shareholding in Concentric: 0 shares
Independent in relation to the Company, the senior Management and to major shareholders..
Frida Norrbom Sans
Member since 2024
Born 1971
M.Sc. Business Administration
President and CEO at Hydroscand Group. Frida has been President and CEO at Hydroscand Group since 2019. Before Hydroscand, Frida worked as EVP Applications division at NKT Group, EVP, Head of EMEA at Husqvarna Group and EVP, Head of Nordic region at Sanitec Oy, and Senior manager at Andersen/BearingPoint.
Shareholding in Concentric: 0 shares
Independent in relation to the Company, the senior Management and to major shareholders.
Composition of the Board
Under the Articles of Association, Concentric's Board shall consist of not less than 3 and not more than 7 members elected each year by the Annual General Meeting for the period up until the next Annual General Meeting. Concentric's President participates in Board meetings and the Group's CFO serves as the Board's secretary. Other salaried employees attend Board meetings in connection with the presentation of particular issues.
When electing the Board of Directors, the aim is to ensure that the Board as a whole, for the purpose of its work, possesses the requisite knowledge of and experience in the social, business and cultural conditions of the regions and markets in which the main activities of the Concentric Group are carried out. According to the Swedish Code of Corporate Governance ("the Code"), which Concentric follows, the composition of the Board should be appropriate to the Company's operations, phase of development and other relevant circumstances. The Board members elected by the General Meeting shall collectively exhibit the necessary diversity and breadth of qualifications, experience and background. According to the Code, the Company shall strive for gender balance on the Board. The Chairman of the Board shall discuss the Company's requirements regarding the competence, experience and background of its Board members with the Nomination Committee. The Nomination Committee shall report on its work and explain its proposals at the Annual General Meeting and shall publish a reasoned statement in support of its proposals on Concentric's website.
Pursuant to requirements of the Code, more than half of the members of the Board elected by the General Meeting must be independent of the Company and corporate management. This requirement does not apply to any employee representatives. A director's independence is to be determined by a general assessment of all factors that may give cause to question the individual's independence of the Company or its executive management, such as recent employment with the Company or a closely related company. At least two of the members of the Board who are independent of the company and its executive management are also to be independent in relation to the Company's major shareholders. In order to determine such independence, the extent of the member's direct and indirect relationships with major shareholders is to be taken into consideration. Major shareholders, as defined in the Code, are shareholders who directly or indirectly control 10% or more of the shares or voting capital in the Company.
Responsibilities and work of the Board
The duties of the Board are set forth in the Swedish Companies Act, the Company's Articles of Association and the Code. In addition to this, the work of the Board is guided by Operating Procedures that the Board adopts every year. The Operating Procedures govern the division of work and responsibility among the Board, its Chairman and the President.
The Board is responsible for the Group's organization and the management of its affairs, determining the Group's overall objectives, developing and monitoring the overall strategies, deciding on major acquisitions, divestments and investments, ongoing monitoring of operations and adoption of year-end and interim reports. The Board is also responsible for ongoing evaluation of management, as well as systems for monitoring and internal controls and the Group's financial reporting and position. Moreover, the Board ensures that the Company's external disclosure of information is characterized by openness and that it is accurate, relevant and clear. During Board meetings, the following items regularly appear on the agenda: the Group's performance and position, the business status, organizational matters, monthly accounts, external communication, disputes, acquisitions and divestments, major business agreements, development projects and investments.