Board of Directors
The tasks of the Board of Directors are governed by the Swedish Companies Act, the Company's Articles of Association and the Code. In addition, the work of the Board of Directors is governed by an annual rules of procedure adopted by the Board of Directors. The Rules of Procedure regulate, among other things, how the Board meets, what matters are to be dealt with at board meetings and the division of duties and responsibilities between the members of the Board, the Chairman of the Board, the CEO and committees. The Board of Directors has also adopted special instructions for the CEO and the Board's committees.
Alexander Martensen-Larsen
Chairperson of the Board, Chairman of the Remuneration committee, Member of the Audit Committee
Sara Diez Jauregui
Member of the Board
Cecilie Elde
Member of the Board, Chairman of the Audit Committee
Andreas Källström Säfweräng
Member of the Board, Member of the Remuneration committee
Birgitta Stymne Göransson
Member of the Board, Member of the Audit Committee
David Thörewik
Member of the Board
The Board of Directors responsibility
The Board of Directors is responsible for RevolutionRace organization and the management of the company's affairs. The Board's duties include the adoption of strategies, goals, business plans, budget, annual accounts and adoption of policies. The Board of Directors shall also monitor the company's financial results and ensure that the company has good internal control and formalized procedures that ensure compliance with established principles for financial reporting and internal control and that the company's financial reporting is prepared in accordance with law, applicable accounting standards and other requirements for listed companies. In addition, the Board of Directors shall ensure that there is adequate control of the Company's compliance with laws and other rules that apply to the company's operations as well as the company's compliance with internal guidelines and evaluate the operations against the goals and policies set by the Board of Directors. The Board of Directors is also responsible for continuously evaluating the CEO's work. In addition, the Board of Directors decides on major investments and changes in the Group's organization and operations. The Chairman of the Board leads and organizes the work of the Board, ensures that the Board performs its duties and that the Board's decisions are implemented. The Chairman of the Board, together with the CEO, shall monitor the company's results and prepare and chair the Board meetings. The Chairman of the Board is also responsible for ensuring that the board members evaluate their work every year and continuously receive the information necessary to carry out their work efficiently. The Chairman of the Board represents the company vis-à-vis its shareholders.
Board Committees
Remuneration Committee
The Remuneration Committee is responsible for preparing the board’s decisions on remuneration principles and conditions for the company’s management, monitoring and evaluating ongoing and completed variable remuneration programs, as well as the application of guidelines for remuneration to senior executives. Additionally, the committee prepares an annual report on paid and outstanding remuneration.
Audit Committee
The main tasks of the Audit Committee are to monitor RevolutionRace’s financial reporting, internal control, and risk management, and to ensure the reliability of the reporting. The committee stays informed about the audit and informs the board of its results. It also reviews the auditor’s impartiality and independence, and assists in preparing proposals for the selection of auditors at the shareholders’ meeting.
