New composition of the Board of Directors
- Karen Frøsig (Chair) brings over 20 years of executive experience from the financial sector, including as former CEO of Sydbank A/S. Moreover, she has both Danish and international retail experience. She contributes expertise in financial reporting, risk management and capital markets. Additionally, Karen joins Flügger’s Nomination and Remuneration Committee.
- Alexander Vilhelm Martensen-Larsen (Vice Chair) has a background in finance and strategy. His experience comes from organisations such as Morgan Stanley, IC Group (as CFO and CEO). Furthermore, he serves as Chair of the Board at Revolution Race. Going forward, he will serve as Chair of Flügger’s Audit Committee. Additionally, Martensen-Larsen joins the Nomination and Remuneration Committee as a member.
- Nicolai Schnack (Board member) brings strong digital expertise from his role as CTO at Joe & The Juice. In addition, he has experience with business-critical systems on an international scale.
- Bettina Antitsch Mortensen (Re-elected Board member) contributes with deep industry insight in construction and real estate via her ownership and executive responsibilities at M+. With a legal background as a Supreme Court lawyer, she strengthens the Board with solid expertise in documentation and compliance.
Read the full summary of the General Meeting here (Danish).
Read more about the Board members.
Thank you to the departing Board members
Flügger greatly benefited from the contributions of former Board Members Peter Korsholm, Jimmi Mortensen, and Kim Balle over the years.
Flügger CEO Sune Schnack states:
“On behalf of myself and everyone at Flügger, I extend my sincere gratitude to all three departing Board members. We’ve had a strong collaboration, and I look forward to continuing our relationship in a new capacity.”
Other resolutions from the General Meeting:
In addition to the Board election, the following resolutions were approved:
- Dividend: The Board’s proposal for a dividend of DKK 10 per share (nominal value DKK 20) was approved.
- Authorisations: The Board was authorised – until the next Annual General Meeting – to repurchase up to 10% of the company’s share capital at market price, with a deviation of up to ±10%.
