The board and its work
The Board of New Wave Group consists of six members elected by the AGM. The Board’s working procedures are defined in the rules of procedure, which regulate the delegation of responsibility between the Board and the MD, the MD’s authority, the meeting schedule and reporting routine. The Board meetings deal with budgets, interim reports, year-end accounts, state of business, investments and new launches. They also deal with general issues relating to the long-term business strategy as well as structural and organisational issues. The working language of the Board’s meetings and documentation is Swedish. As a rule, between seven and ten Board meetings are held each year. During 2009, the Board met on ten occasions, seven of which took place with the current Board. Göran Härstedt is the Board’s secretary. 

The Chairman organises and leads the Board’s work so that this is carried out in accordance with the Swedish Companies Act, other legislation and regulations, applicable rules for listed companies, including the Code, and the Board’s other internal control instruments. The Chairman follows operations in dialogue with the Managing Director and is responsible for other Board members receiving the information required to complete the Board’s tasks.

Independence of the board
As the Managing Director and CEO, as well as the major shareholder of New Wave Group, Torsten Jansson is considered to be dependent on the company and the company management. Göran Härstedt is considered to be dependent in relation to the company’s major shareholder. Anders Dahlvig, Mats Årjes, Helle Kruse Nielsen and Christina Bellander are considered to be independent in relation to both the company and the company’s major shareholder. It is thus the opinion of the nomination committee that the current composition of the New Wave Board satisfies the requirements for independence laid down in both the Code and in the rules and regulations of NASDAQ OMX Stockholm for issuers.

Anders Dahlvig, born 1957.
Chairman of the Board since 2009. Former CEO of the IKEA Group (April 1999 - September 2009).

Torsten Jansson, born 1962.
Member of the Board since 1991. Managing Director and CEO. Founder of New Wave Group AB and major share holder. Shareholdings

Christina Bellander, born 1955.
Member of the Board since 2009. Other Board of Directors assignments: Chairman of the Board Fabaris AB and Chairman of the Board School of Education and Communication Jönköping University.

Helle Kruse Nielsen, born 1953.
Member of the Board since 2009. Other Board of Directors assignments: Member of the Board Swedbank AB, Oriflame Cosmetics SA, Gumlink A/S and AkerBioMarine ASA.

Mats Årjes, born 1967.
Member of the Board since 2007. CEO SkiStar AB. Other Board of Directors assignments: Member of the Board Bilia AB. Shareholdings

Göran Härstedt, born 1965.
Member of the Board since 2009. Shareholdings