Swedish

The board of directors of Elekta AB is appointed by the annual general meeting of shareholders for a period until the end of the next annual general meeting of shareholders. The board is responsible for the organization of Elekta AB and the management of the Company’s operations in the interest of the Company and all shareholders.

Composition and independence of the board of directors

The board of directors comprises nine members. The members of the board are Laurent Leksell, who is also the chairman of the board, Annika Espander Jansson, Caroline Leksell Cooke, Johan Malmquist, Tomas Puusepp, Wolfgang Reim, Jan Secher, Birgitta Stymne Göransson and Cecilia Wikström. There are neither deputy board members nor employee representatives on the board. The general counsel serves as secretary for the board.

The composition of the board meets applicable independence requirements as six of the nine members of the board have been deemed independent in relation to the Company, the executive management and major shareholders. These six members are: Annika Espander Jansson, Johan Malmquist, Wolfgang Reim, Jan Secher, Birgitta Stymne Göransson and Cecilia Wikström.

Responsibility

The board’s work is regulated by the Swedish Companies Act, the articles of association, the corporate governance code and the working instructions for the board of directors.

The board is responsible for the organization of Elekta AB and the management of the Company’s operations in the interest of the Company and all shareholders. This includes appointing a President and CEO who is responsible for managing the day-to-day operations in accordance with instructions from the board. The responsibilities for the board also include:

  • Establishing overall goals and strategy
  • Defining guidelines to govern ethical conduct with the purpose of ensuring the long-term ability to create value
  • Ensuring an effective system for follow-up and control of the company’s operations and risks that the company and its operations are exposed to
  • Ensuring a satisfactory process for monitoring compliance with laws and regulations and other regulatory compliance requirements applicable for the company as well as compliance with internal company regulations
  • Ensuring that external information and communications are characterized by openness, and that they are accurate, reliable and relevant

The working instructions for the board of directors establish that the board is to:

  • Hold at least seven ordinary meetings per year
  • Adopt finance and foreign exchange policies
  • Adopt a code of conduct
  • Approve a long-term plan and budget, including an investment budget
  • Approve investments and similar decisions where the amount of the transaction exceeds SEK 5 M if such a transaction falls outside the approved investment budget
  • Decide on acquisition or sale of real property or shares, or acquisition or sale of the assets of, or a major part of the assets of, another company
  • Decide on the establishment and liquidation of subsidiaries
  • Adopt guidelines for remuneration of senior executives to be approved by the annual general meeting of shareholders
  • Decide on terms of employment for the President and CEO according to guidelines for remuneration of senior executives approved by the annual general meeting of shareholders
  • Adopt the annual report, year-end report and interim reports

Within the board, there is no special distribution of responsibilities among the members of the board in addition to the duties that the board has delegated to the executive compensation and capability committee and to the audit committee respectively.

Refer to Elekta’s Corporate Governance Report for more information about the Board’s work, meeting attendance and remuneration during 2017/18.

Laurent Leksell

First elected: 1972

Board chairman and Chairman of the executive compensation and capability committee

Year of birth: 1952 
Education: MBA and PhD from Stockholm School of Economics, Sweden
Independence: Independent of the Company and the executive management, not independent of major shareholders 
Other Board assignments: 
Board chairman: Leksell Social Ventures and Stockholm School of Economics
Board member: International Chamber of Commerce (ICC)
Principal work experience and other information: Founder of Elekta and Executive Director from 2005 to 2013. Former President and CEO of Elekta during the years from 1972 to 2005. Among others, Assistant Professor and Faculty member of Stockholm School of Economics, IFL and Insead Fontainebleau, and Visiting Scholar at Harvard Business School

Cecilia Wikström

First elected: 2018

Member of the Board and Member of the executive compensation and capability committee

Year of birth: 1965
Education: Master of theology from Uppsala University
Independence: Independent of the Company and the executive management and independent of major shareholders
Other Board assignments: Board member: Beijer Alma AB (publ) and Örebro University
Principal work experience and other information: Member of the European Parliament for the Liberal Party; M.P. in the Swedish Parliament for the Liberal Party; Priest within the Swedish Church during the last 25 years, among others as Cathedral Chaplain and
Perpetual Curate; Senior Consultant at Michael Berglund Chefsrekrytering; Author of leadership books, of which one became the Best Leadership Book of 2004.

Caroline Leksell Cooke

First elected: 2017

Member of the Board and Member of the audit committee

Year of birth: 1981
Education: BSc Degree Stockholm University, studied marketing at Wharton School at the University of Pennsylvania and at Columbia
Business School
Independence: Independent of the Company and the executive management, not independent of major shareholders
Other Board assignments: Board chairman: Bonit Invest S.A./N.V
Board member: Leksell Social Ventures’ investment committee
Principal work experience and other information: Extensive experience in the areas of digital strategy, communication and technology and is currently responsible for major international business activities in her role as industry manager at Google

Johan Malmquist

First elected: 2015

Member of the Board and Member of the audit committee

Year of birth: 1961
Education: BSc Degree Stockholm School of Economics, Sweden
Independence: Independent of the Company and the executive management and independent of major shareholders
Other Board assignments:
Board chairman: Getinge AB Tingstad AB, Arjo AB
Board member: Mölnlycke Health Care AB, Dunkerstiftelserna, Chalmers University of Technology Foundation, Trelleborg AB and Stena Adactum AB
Principal work experience and other information: Extensive experience from the medical technology industry, among others as president and CEO for Getinge AB between 1997 and 2015. Before that, various positions within the Getinge group and Electrolux group

Tomas Puusepp

First elected: 2013

Member of the board

Year of birth: 1955
Education: Electrical Engineer, studies in Physics at the Royal Institute of Technology in Stockholm and at the University of Stockholm and Management (IEP) at IMD in Lausanne
Independence: Not independent of the Company and the executive management, independent of major shareholders
Other Board assignments:
Board Chairman: Global Medical Investments GMI AB
Board member: The Swedish American Chamber of Commerce in New York and Permobil AB
Principal work experience and other information: Various positions at the Research Institute for Nuclear Physics, Scanditronix and Ericsson before being employed by Elekta in 1988. Since then, he has held various management positions within the Company, including head of Elekta’s neurosurgery operations, President of Elekta’s subsidiary in North America, global head of Elekta’s sales, marketing and service operations, and President and CEO of Elekta during fiscal years 2005/06 to 2013/14, and during 2015/16

Wolfgang Reim

First elected: 2011

Member of the Board and Member of the executive compensation and capability committee

Year of birth: 1956 
Education: Master of Sciences and Doctor of Physics from the Federal Institute of Technology ETH in Zurich 
Independence: Independent of the Company and the executive management and independent of the major shareholders 
Other Board assignments: 
Board chairman: Ondal Medical Systems GmbH, DORC B.V and Amann Girrbach AG
Board member: GN Store Nord A/S  
Principal work experience and other information: Independent consultant focusing on the medical technology industry. From 1986 to 2006 CEO of Dräger Medical AG. At Siemens from 1986 until 2000, as CEO of the Ultrasound Division (1998–2000) and President of the Special Products Division (1995–1998)

Jan Secher

First elected: 2010

Member of the Board and Member of the audit committee

Year of birth: 1957 
Education: Master of Science in Industrial Engineering and Management from Linköping University, Sweden 
Independence: Independent of the Company and the executive management and independent of the major shareholders 
Other Board assignments: 
Board chairman: Peak Management AG
Board Member: IKEM (Innovation and Chemical Industries in Sweden) from May 2016 and The European Chemical Industry Council from October 2014
Principal work experience and other information: President and CEO of Perstorp Holding AB from September 2013. Previously President and CEO of Ferrostaal AG from 2010 to 2012, operating partner of the US private equity fund Apollo in London from 2009 to 2010, CEO of Clariant AG in Basel from 2006 to 2008 and CEO of SICPA in Lausanne from 2003 to 2005. Before he held various leading positions in the ABB Group during the years from 1982 to 2002

Birgitta Stymne Göransson

First elected: 2005

Member of the board and Chairman of the audit committee

Year of birth: 1957 
Education: MBA from Harvard Business School and Master of Science in Chemical Engineering and Biotechnology from the Royal Institute of Technology in Stockholm, Sweden
Independence: Independent of the Company and the executive management and independent of the major shareholders 
Other Board assignments: 
Board chairman: MAG Interactive AB och BCB Medical Oy
Board member: Pandora AS, Rhenman & Partners Asset Management AB, Midsona AB and Fryshuset Foundation
Principal work experience and other information: President and CEO of Memira Group 2010 to 2013. CEO of Semantix Group 2005 to 2009, and COO/CFO of Telefos 2001 to 2005. Before that, various management positions, including McKinsey, Gambro and Åhléns

Contact Investor Relations

Cecilia Ketels

Head of Investor Relations

cecilia.ketels@elekta.com