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Board of Directors

Swedish Svensk version

 

Elekta’s Board of Directors and Chairman of the Board are elected by the Annual General Meeting. The Board of Directors establishes Elekta’s strategy and goals, evaluates the business continuously, and controls the Company’s development and financial position. During the 2010/11 fiscal year, the Board of Directors consisted of eight members. Seven of the eight Board members are independent of the company and its management and of major shareholders in the company according to the applicable rules in the Rule Book for Issuers of NASDAQ OMX Stockholm, until the 2011 AGM, see table. Information on the rules of the Articles of Association pertaining to the appointment and dismissal of Board members, as well as the Articles of Association’s rules on amendment of the Articles of Association.

During the 2010/11 fiscal year the Board held ten recorded meetings. As part of its work, the Board regularly visits Elekta’s larger units around the world. During the year, the Board traveled to Toronto, Canada for a scientific meeting, where the Board met with external experts and advisors. Other meetings were held at the main office in Stockholm, all with Elekta’s General Counsel acting as secretary.

During the year, representatives from executive management and other managerial representatives have regularly participated in Board meetings to report on issues relating to their respective areas.


Working procedures for the board

Within the Board of Directors, there is no special distribution of responsibility among Board members apart from the tasks the Board has delegated to the Remuneration Committee and Audit Committee. In addition to the responsibilities assigned by the Swedish Companies Act, Elekta’s Articles of Association and the Code, the work of the Board of Directors is regulated by its working procedures, which, for example, stipulate that the Board shall:

  • Hold at least seven ordinary meetings
  • Establish finance and currency policies
  • Approve budgets and similar long-term plans including investment budgets.
  • Consider matters regarding investments and similar measures in amounts over SEK 5 M, if such matters are beyond the scope of approved investment budgets
  • Decide on acquisitions of real property, shares or the acquisition of operations in another company
  • Decide on the establishment and capitalization of subsidiaries
  • Establish the terms of employment for the CEO
  • Approve the annual accounts and interim reports


At the ordinary Board meetings, the following items should also be addressed:

  • Report on the Group’s operations including financial management
  • Report on extraordinary measures or events
  • Development of major ongoing projects and planned business events
  • Report on existing or potential legal disputes

 

Members of the board elected by the 2011 Annual General Meeting

Akbar Seddigh Akbar Seddigh

Born: 1943
Chairman and Member of the Board since 1998
Holdings: 3,300 B-shares
Graduate Chemist, Marketing Specialist

Other board memberships:
Chairman of the Board: A+ Science Holding AB, Blekinge Tekniska Högskola and Innovationsbron AB.
Member of the Board: LSO (USA)
Hans Barella

Hans Barella

Born: 1943
Member of the Board since 2003
Holdings: —
Former President and CEO of Philips Medical Systems

Other board memberships:
Chairman of the Board: SuperSonic Imagine SA
Member of the Board: Senator Group Consultancy and Investment B.V.

 
Luciano Cattani

Luciano Cattani

Born: 1945
Member of the Board since 2008
Holdings: —
Senior Advisor on Global Health Care to Private Equity Funds
Former Group President International and Former Executive Vice President International Public Affairs, Stryker Corporation
MBA
Interim CEO of Eucomed

Other board memberships:
Member of the Board: Egea-Carpi (non-executive)
Birgitta Stymne Goransson

Birgitta Stymne Göransson

Born: 1957
Member of the Board since 2005
Holdings: 1,900 B-shares
President and CEO Memira Holding AB
MSc and MBA

Other board memberships:
Chairman of the Board: Fryshuset Foundation
Member of the Board: Arcus AS, Rhenman & Partners AB, Stockholm
Chamber of Commerce and Wavin NV
Laurent Leksell

Laurent Leksell

Born: 1952
Member of the Board since 1972
Holdings: 3,562,500 A-shares, 2,462,564 B-shares (incl. via companies) and 47,981 employee options

Former President and CEO of Elekta AB, 1972-2005 and Executive Director since 2005
MBA, PhD Economics

Other board memberships:
Chairman of the Board: Stockholm City Mission and Sweden-China Trade Council.
Member of the Board: International Chamber of Commerce (ICC) and Royal University College of Fine Arts
Siaou-Sze Lien

Siaou-Sze Lien

Born: 1950
Member of the Board since 2011
Holdings: —

Senior Executive Coach, Mobley Group Pacific Ltd.
BSc in Physics from Nanyang University and an MA (Computer Science) Imperial College London

Other board assignments:
Board member: Huhtamäki Oy, Luvata Holdings, Republic Polytechnic Singapore and Nanyang Technological University
Wolfgang Reim

Wolfgang Reim

Born: 1956
Member of the Board since 2011
Holdings: -

Fomer CEO of Dräger Medical AG
MSc and PhD in Physics from the Institute of Technology ETH in Zürich

Other Board Assignments:
Board member: GN Store Nord A/S, Carl Zeiss Meditec AG, Esaote SpA and BB Biotech Ventures
Jan Secher

Jan Secher

Born: 1957
Member of the Board since 2010
Holdings: –
President and CEO Ferrostaal AG
MSc

Other board memberships:
Chairman of the Board: Peak Management AG


Meeting attendance and fees for the Board of Directors 2010/11, SEK '000
SEK 000s Name Independent* Regular Remuneration Remuneration Compensation Committee Remuneration Audit Committee Attendance
Chairman: Akbar Seddigh yes 625 70 — 10/10

Members:














 

 Hans Barella yes 310 — 120 10/10
Luciano Cattani yes 310 35 — 10/10
Birgitta Stymne Göransson yes 310 — 60 10/10
Vera Kallmeyer yes 310 — 60 8/10
Tommy H. Karlsson yes 310 — 60 10/10
Laurent Leksell no ** — — 9/10
Jan Secher yes 310 — — 5/5
Total     2,485 105
 300  

* Independent in relation to Company and management as well as to major shareholders.
** No remuneration is paid to members of the Board who are employed by the Company.