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Veidekke ASA (VEI.OL)

VEI.OL on Oslo Stock Exchange

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10 Dec 2018
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Summary

Name Age Since Current Position

Martin Maeland

68 2015 Independent Chairman of the Board

Arne Giske

61 2013 President, Chief Executive Officer

Terje Larsen

57 Executive Vice President, responsible for Accounting & Finance, IT, Procurement and Strategy

Anne Thorbjornsen

2018 Executive Vice President for Human Resources and OHS

Jimmy Bengtsson

52 2016 Executive Vice President Sweden

Oivind Larsen

54 2018 Executive Vice President, Civil Engineering Norway

Lars Lund

49 2016 Executive Vice President, responsible for Communications and Public Affairs

Hans Sorlie

52 2018 Executive Vice President, Building Construction Norway

Jorgen Wiese Porsmyr

46 2013 Executive Vice President Industrial, Property Development & Denmark

Arve Fludal

48 2015 Director, Employee Representative

Daniel Kjorberg Siraj

43 2018 Director

Odd Olsen

57 2011 Director, Employee Representative

Inge Ramsdal

56 2008 Director, Employee Representative

Ann-Christin Andersen

52 2012 Independent Director

Gro Bakstad

52 2010 Independent Director

Ingalill Berglund

54 2016 Independent Director

Ingolv Hoyland

67 2017 Independent Director

Hans von Uthmann

60 2010 Independent Director

Jorgen Michelet

2016 Senior Vice President Finance

Biographies

Name Description

Martin Maeland

Mr. Martin Maeland has been Independent Chairman of the Board of Directors of Veidekke ASA since 2015. He has been Chairman of the Board since 2009. He has been Member of the Company's Board of Directors since 2002 and served as its Vice Chairman between January 1, 2008 and 2009. He chairs the Company's Remuneration Committee and Property Committee. He was previously President and CEO of OBOS (1983-2015) and currently sits on a number of boards. He is Chairman of Norwegian Property ASA, Board Deputy Chairman of Arctic Securities AS, Ticon Eiendom, Bjaertnes & Hoel and Kultur- og Idrettsbygg Oslo. He has previously been Board Member/Chairman of Kredittkassen, VEAS (Vestfjorden Avlopsselskap), AF Group, FONUS, Oslo Byhall, Oslo Byfornyelse, INBY, Dagsavisen and others. Previously, he was municipal counselor in City of Oslo and planner in Oslo Lysverker.

Arne Giske

Mr. Arne Giske has been appointed President and Chief Executive Officer (CEO) an of Veidekke ASA effective as of July 1, 2013. Before that, he has served as Executive Vice President of Property Development Division in Scandinavia at the Company from 2007. Before that, he served as Executive Vice President and Chief Financial Officer of the Company between May 2001 and 2007. Prior to joining the Company in 2001, he was General Secretary at The Association for the Promotion of Skiing from 1997 until 2001. Earlier in his career, he worked in various positions, including Executive Vice President and Chief Financial Officer (CFO), Deputy Chief Executive Officer from 1992 to 1997 at ABB; CFO at Elektrisk Bureau AS (1987-1992); Finance Manager at Elektro Union AS (1986-1987) and Treasurer at National Elektro AS (1983-1986). Previously he was Board Member in Anthon B Nilsen AS (1999-2011) and Chairman of ABB Asea Skandia AS, ABB Komponent AS, ABB Eiendom AS, ABB Financial Services AS, ABB Pensjonskasse and Project Risk Committee (1992-1997). He holds a Master’s degree in Business and Economics from Handelshoyskolen BI from 1981 and a Master of Business Administration degree from the University of Wisconsin from 1982. He also completed International Finance Program at ISNEAD in 1986.

Terje Larsen

Mr. Terje Larsen serves as Executive Vice President, responsible for Accounting & Finance, IT, Procurement and Strategy at Veidekke ASA. Mr. Terje Larsen has been employed at Veidekke since 2001 and has been Executive Vice President since 2013. Mr. Larsen has a Master’s in Business and Economics from BI Norwegian Business School and an MBA from the University of Wisconsin.

Anne Thorbjornsen

Jimmy Bengtsson

Mr. Jimmy Bengtsson has been Executive Vice President Sweden at Veidekke ASA since January 1, 2016. He came from the position of CEO of Veidekke's subsidiary Arcona AB in Stockholm (2007-2015). He is a graduate engineer from the Royal Institute of Technology in Stockholm, and spent 16 years with Skanska.

Oivind Larsen

Mr. Oivind Larsen has been Executive Vice President, Civil Engineering Norway at Veidekke ASA since 2018. He joined the Company in 1988. He previously worked at Veidekke Entreprenor AS, Region Civil Engineering, regional manager (2017-2018); Veidekke Entreprenor AS, business development manager (2016-2017) and held various administrative and operational positions at Veidekke (1988-2001). He was also Bank director at Hjartdal og Gransherad Sparebank (2001-2016). He studied Civil Engineering at Norwegian University of Science and Technology.

Lars Lund

Mr. Lars Erik Lund has been appointed Executive Vice President, responsible for Communications and Public Affairs at Veidekke ASA, effective as of October 1, 2016. He has more than 20 years of experience with communication work in various organisations. For the past 15 years, he has worked as an adviser to the management of a number of listed companies. He was involved in the establishment of Crux Kommunikasjon, and he has also been an adviser to Veidekke. For the last two years, Lund has been employed as a special adviser to the corporate management team of Statoil in the field of financial communication. He has a Master’s degree in Business and Economics from the Norwegian School of Economics (NHH) in Bergen.

Hans Sorlie

Mr. Hans Olav Sorlie has been Executive Vice President, Building Construction Norway at Veidekke ASA since 2018. He has been with the Company since 1994. He was Veidekke Entreprenor AS, Region East, regional manager (2018); Veidekke Entreprenor AS, Region East / District Oslo, regional manager / area manager (2016-2017); Veidekke Entreprenor AS, District Oslo, area manager (2009-2016) and Veidekke Entreprenor AS, District Oslo, head of department (2003-2008). He studied at Norwegian University of Science and Technology.

Jorgen Wiese Porsmyr

Mr. Jorgen Wiese Porsmyr has served as Executive Vice President Industrial, Property Development & Denmark at Veidekke ASA since September 1, 2013. He has previously been Executive Vice President and Manager of Veidekke Industri and Veidekke Eiendom since April 15, 2013. He is no longer Chief Financial Officer of the Company, effective as of September 1, 2013. He joined Veidekke in 1995 and has held such positions as Controller, Construction Operations, Norway (1995-1997); Chief Accountant, Industry Division (1997-2003), and Director, Corporate Accounts (2003-2007). He has been Executive Vice President of the Company since 2006. Mr. Wiese Porsmyr has obtained Master’s degree in Business and Economics from Norges Handelshoyskole, Bergen - NHH and from Hochschule St. Gallen.

Arve Fludal

Mr. Arve Fludal has been Director, Employee Representative at Veidekke ASA since May 2015. He heads The Veidekke Employee Share Trust. He represents salaried employees. He is employed in Veidekke since 1998. He is construction manager in Region Nord/Vest, District Haugesund.

Daniel Kjorberg Siraj

Mr. Daniel Kjorberg Siraj has been Director of Veidekke ASA since May 2, 2018. He is CEO of OBOS. He has previous experience as a lawyer at OBOS, and as a political adviser in the City of Oslo Department for Business and Urban Development. He holds Cand. Jur, UiO, specialization European Law (2001).

Odd Olsen

Mr. Odd Andre Olsen has served as Member of the Board of Directors, Employee Representative at Veidekke ASA since October 2011. He is chief employee representative in Veidekke. He was previously Deputy Member of the Board of Directors of the Company. He has been employed by the Company as Iron Fixer since 1985. He previously worked as an iron fixer in Construction Norway. He has been senior shop steward and head safety delegate in Veidekke Entreprenor AS since 2007 and employee representative to the Board of Veidekke Entreprenor AS since 2007.

Inge Ramsdal

Mr. Inge Ramsdal has been Member of the Board of Directors, Employee Representative of Veidekke ASA since 2008. He joined the Company in 1986 as Crane Operator and Concrete Worker. He previously worked as a crane operator and concrete worker in Construction Norway. He is senior shop steward for Special projects and Heavy construction and holds honorary positions in trade union movement.

Ann-Christin Andersen

Ms. Ann-Christin Andersen has been Independent Member of the Board of Directors of Veidekke ASA since May 10, 2012. She is Member of the Company's Remuneration Committee. She holds a graduate degree in Offshore Electrical Engineering from Heriot-Watt in Edinburgh. She has extensive offshore industry experience with ABB, Kongsberg Simrad and FMC, where she has held key positions in project management, safety, quality, and management positions with international responsibility. Andersen is Chief Digital Officer TechnipFMC (Corporate).

Gro Bakstad

Ms. Gro Bakstad has been Independent Member of the Board of Directors of Veidekke ASA since 2010. She is Chair of Company’s Audit Committee and was Member of Property Committee until May 2017. She holds an MBA from the Norwegian School of Economics and Business Administration with a Master’s in accounting and auditing from the same place. She has long experience from senior positions in finance in Ocean Rig, ProCorp and Norway Post. She is currently Executive Vice President, Division Mail at Norway Post. She was appointed "This year's Business Leader" in Norway in 2007. Bakstad is a Board member of DNB Bank ASA and Arbeidsgiverforeningen Spekter.

Ingalill Berglund

Ms. Ingalill Marie Berglund has been Independent Member of the Board of Directors of Veidekke ASA since May 5, 2016. She is Member of Property Committee. Berglund is share member at Scandic Hotels and Axfast Eiendom. Ingalill has more than 20 years’ experience in the property industry. Her most recent position (2011–2016) was CEO of Atrium Ljungberg AB (publ), a Swedish property development and management company focusing on retail and offices, which is listed on Nasdaq OMX Stockholm, Large Cap. Prior to that, she was CFO of the same company (2001–2011). Her previous positions include working as CFO of a municipal property company, SISAB, and as an auditor. She is currently actively involved in board work and runs her own consultancy business.

Ingolv Hoyland

Mr. Ingolv Hoyland has been Independent Director of Veidekke ASA since May 10, 2017. He has been Member of the Property Committee since May 2017. Ingolv Hoyland holds a M.Sc. in Civil Engineering from NTH and a M.Sc. in Business from NHH. He has long and extensive experience from Det Norske Veritas, Nevi Finans and Danske Bank. Since 1995 Hoyland has been CEO of Reitan Real Estate.

Hans von Uthmann

Mr. Hans von Uthmann has been Independent Member of the Board of Directors at Veidekke ASA since 2010. He also serves as Member of the Company's Remuneration and Audit Committees. He is Chairman of Springtime Resor, Falbygdens Energi and board member at Svenska Olympiske Komiteen. He holds an MBA from the Stockholm School of Economics. He has held many key leadership positions in Swedish industry including SEVP and Head of Vattenfall Nordic, CEO of Duni AB and AB Svenska Shell. In the period 1992 to 1994 he worked for Shell in Norway. He has also held a number of central board positions including in the Swedish Confederation of Enterprises, Fortum Oyj, Swedish Energy and as head of the Swedish Basketball Association. He is presently a senior partner in the consulting company Neuman & Nydahl and is associated with the private equity firm EQT as Industrial Advisor.

Jorgen Michelet