Board of Directors
In accordance with the company’s Articles of Association, the company’s board of directors shall consist of 3-5 members who are elected by the annual general meeting for a two-year term. The age limit for board members is 68; board members must step down at the first annual general meeting following their 68th birthday.
The board’s duties and responsibilities are determined by Norwegian legislation, and include the overall management and control of the group. The board in Scana Industrier is conscious of its responsibility to protect the interests of all shareholders, and has in its work prioritised balancing traditional control and supervisory duties with discussions on strategy and other relevant topics.
The composition of the board takes account of the requirement for independence from the company’s management. The board has drawn up guidelines for the board and its work. Accordingly, the board is responsible for the management of the company’s activities and for ensuring that legislation and regulations are complied with. The board’s main duties include strategy, organisation, control and special tasks.
The annual general meeting in 2010 decided that it should be included in company’s articles of association that the entire board shall act as the audit committee of the company. The board normally convenes five times a year. No profit-related remuneration or option programmes have been introduced for any members of the board. Frameworks for option schemes and schemes for allocating shares to employees shall be dealt with and approved by the annual general meeting.
Instructions of the board of directors
Current Board of directors of Scana Industrier ASA:
Frode Alhaug (born 1949) was elected as chairman of the board in Scana Industrier ASA in 2008. He worked as the group’s CEO from 2005-2007 and chairman/member of the board since 2000-2005. Mr. Alhaug is vice chairman of the board in Helse Sørøst RHF. Previously Mr. Alhaug was CEO in Moelven Industrier. Mr. Alhaug is Scana’s third largest shareholder.
Bjørn Dahle (born 1947) worked in the offshore industry from 1966 and as an independent investor and entrepreneur since 1971. Mr. Dahle is among Scana’s largest shareholders
Mari Skjærstad (born 1969) has a law degree from the University of Oslo, with additional education within organisation and management. She is a partner in the law firm Johnsrud, Sanderud & Skjærstad AS and has worked as legal counsel since 1995. Mrs. Skjærstad is also a board member in a number of other companies, including Mesta, Norfund and Forsvarsbygg.
Martha Kold Bakkevig (born 1963) has extensive experience in Management, Strategy and R&D within Technology and Business Development. She has a PhD (Dr.scient.) from Norwegian University of Science and Technology (1995) and a PhD (Dr. Oecon.) from BI Norwegian School of Management (2007). Bakkevig is Managing Director in DeepWell, a well intervention company located i Haugesund.
John Arild Ertvaag (born 1955) runs his own investment business through his company Camar AS. The investments are primarily within oil and gas, industry and commerce. He holds a number of board positions in both listed and non-listed companies. Camar AS is the second largest investor in Scana Industrier ASA
