Saab 2015 Annual Report Download - page 53

GOVERNANCE AND REPORTING 2015
The internal boards handle and resolve
issues within their respective areas on a
Group level and prepare certain issues to be
resolved by the Group Management.
Nomination Commitee
Remuneration
Committee
Internal Boards
Finance Board
Strategy Board
Ethics and Compliance Board
Communication Board
Corporate Responsibility Board
Shareholders' Meeting
Board of Directors
Auditors
President and CEO
Group Management
All operating units report monthly and quarterly according to a
standardised reporting routine.
* As of 1 January 2016, the business area was dissolved and the
business units have been distributed to other business areas,
see also page 35.
PricewaterhouseCoopers AB. Elected in 2015
for the term until the Annual General Meeting
2019. Auditor in charge is Anna-Clara af Eken-
stam.
Representatives of each of the four share-
holders or groups of shareholders with the
greatest number of votes, along with the
Chairman of the Board.
Evaluation
Reports
Appoints
Business Areas
Aeronautics
Dynamics
Electronic Defence Systems
Security and Defence Solutions*
Support and Services
Industrial Products and Services
Group Functions
Finance
HR
Communication
ICT
Quality and Environment
Legal affairs
Procurement
Strategy
Internal Audit
Audit Committee
BOARD OF DIRECTORS
Composition of the Board
According to Saab’s Articles of Association, the Board of Directors shall,
in addition to the employee representatives, consist of at least six and
not more than twelve members. e Board members are elected annu-
ally by the Shareholders' Meeting. According to the resolution of the
Annual General Meeting on 15 April 2015, Saab’s Board of Directors
shall consist of nine members elected at the Annual General Meeting
with no deputies. In addition, the employee organisations appoint three
Board members with an equal number of deputies.
At the Annual General Meeting on 15 April 2015, Håkan Buskhe,
Johan Forssell, Sten Jakobsson, Sara Mazur, Per-Arne Sandström,
Cecilia Stegö Chilò, Lena Treschow Torell, Marcus Wallenberg and
Joakim Westh were re-elected. Marcus Wallenberg was elected Chair-
man of the Board of Directors. At the statutory Board meeting aer the
Annual General Meeting, Sten Jakobsson was elected Deputy Chair-
man of the Board. Among the Board members, only the President
Håkan Buskhe is employed by the company.
Information on remuneration to the members of the Board as
resolved by the Annual General Meeting 2015 is set forth in note 10.
Members of the Board elected by the Shareholders’ Meeting
Marcus Wallenberg
Håkan Buskhe
Johan Forssell
Sten Jakobsson
Sara Mazur
Per-Arne Sandström
Cecilia Stegö Chilò
Lena Treschow Torell
Joakim Westh
e Board members’ other signicant professional commitments, work
experience, shareholdings etc. are set forth in the presentation of the
Board of Directors on pages 54–55.
Employee representatives
Regulars
Stefan Andersson
Catarina Carlqvist
Conny Holm
Deputies
Göran Gustavsson
Jan Kovacs
Nils Lindskog
Independence requirement
e table below sets forth the members of the Board elected by the
Shareholders’ Meeting who, according to the provisions of the Code,
are considered independent in relation to the company and its manage-
ment, as well as in relation to the company’s major shareholders.
COMPOSITION AND INDEPENDENCE OF THE BOARD IN 2015
Member Elected
Independent
of the company/
management
Independent
of major
shareholders
Marcus Wallenberg 1992 Yes No1)
Håkan Buskhe 2011 No2) Yes
Johan Forssell 2010 Yes No3)
Sten Jakobsson 2008 Yes Yes
Sara Mazur 2013 Yes Yes
Per-Arne Sandström 2005 Yes Yes
Cecilia Stegö Chilò 2010 Yes Yes
Lena Treschow Torell 2005 Yes No4)
Joakim Westh 2010 Yes Yes
1) Member of Investor AB’s Board.
2) President and CEO of Saab.
3) Member of Investor AB’s Board and CEO of Investor AB.
4) Member of Investor AB’s Board.
SAAB ANNUAL REPORT 2015 – 49