Danish

Board of Directors

Jim Hagemann Snabe
Born 1965

Joined the board in 2016.

Former Co-CEO of SAP AG, Germany.

Other management duties, etc.: Bang & Olufsen A/S (Vice-chairman); Siemens AG; Allianz SE; SAP SE; World Economic Forum (member of the Board of Trustees and Chairman of World Economic Forum USA).

Education: Cand. Merc., Aarhus School of Business, 1989; PhD Intro Scholarship in Operational Research, Aarhus School of Business, 1990; AviraQuest, Insead 2002. 

Qualifications: Board experience from a.o. international, listed technology- and innovation driven companies and from the financial sector. Management experience from global, listed IT company.

Considered independent.

Member of the Remuneration Committee
Member of the Transformation & Innovation Committee
Ane Mærsk Mc-Kinney Uggla
Born 1948

Joined the board in 1991.

Other management duties, etc.: A.P. Møller og Hustru Chastine Mc-Kinney Møllers Fond til almene Formaal (chairman); Den A.P. Møllerske StøtteFond (Chairmand); A.P. Møller Holding A/S (chairman); Maersk Broker A/S (chairman); Maersk Broker K/S (chairman); Estemco A/S (chairman).

Education: Master of Arts, 1977

Qualifications: Insight into the market fundamentals, values and history of the Group. Knowledge of the Group’s complex accountancy matters.

Not considered independent due to membership of the board of A.P. Møller Holding A/S.

Member of the Remuneration Committee
Niels Jacobsen
Born 1957

Joined the board in 2007.

CEO of William Demant Holding A/S.

Management duties in the William Demant Group: Chairman of 59 subsidiaries; William Demant Invest A/S (Managing Director); Jeudan A/S (deputy chairman); Ossur hf. (chairman); HIMPP A/S (chairman); HIMSA A/S (chairman); HIMSA II A/S; Sennheiser Communications A/S (Chairma); Boston Holding A/S.

Other management duties, etc.: LEGO A/S (chairman); KIRKBI A/S (Vice Chairman); Thomas B. Thriges Fond (chairman).

Education: MSc. (Econ), 1983

Qualifications: Experience from offices as CEO and chairman of major Danish companies, including listed companies, financial and accounting knowledge and experience with leadership of technology and innovation companies.

Considered independent.

Member of the Remuneration Committee
Arne Karlsson
Born 1958

Joined the board in 2010.

Former CEO of Ratos AB

Other management duties, etc.: Bonnier Holding (chairman); Bonnier AB; SNS Board of Trustees (chairman); Einar Mattsson (chairman); Swedish Corporate Governance Board (chairman); Ecolean (chairman); Swedish Securities Council and WCPF (World’s Children’s Prize Foundation) (chairman).

Education: Bachelor in Business and Economics, 1982

Qualifications: Experience from financial institutions. CEO and board member of private equity companies and experience with managing and developing a diverse portfolio of businesses operating in different markets.

Considered independent.

Chair of the Audit Committee
Jan Leschly
Born 1940

Joined the board in 2000.

Chairman and managing partner of Care Capital LLC. Former CEO, SmithKline Pharmaceuticals

Other management duties, etc.: Vaxart Pharmaceuticals; Adjunct professor at Copenhagen Business School.

Education:
Master of Science in Pharmacy,1965
Master of Business Economics,1970

Qualifications:
Experience from positions as CEO, board member and chairman of large listed companies with global activities. Experience with leadership of research and innovation companies.

Not Considered independent due to more than 12 years of service on the board.

Robert Routs
Born 1946

Joined the board in 2010.

Former Executive Director, Royal Dutch Shell plc.

Other management duties,etc.: Aegon NV (chairman); DSM NV (chairman); ATCO Group; AECOM.

Education: Master’s degree in Chemical Engineering, 1969. Ph.D. in Technical Sciences, 1971

Qualifications: Technical, commercial and managerial experience. More than 30 years of international working experience in research, general management and CEO positions in the oil and gas, chemical, renewables and trading industry, including positions in listed companies.

Considered independent.

Member of the Audit Committee
Dorothee Blessing
Born 1967

Joined the board in 2014.

Vice Chairman Investment Banking EMEA, J.P.Morgan

Former Co-Head Investment Banking of Goldman Sachs Group, Germany

Other management duties, etc.: None

Education: MSc Economics (lic.oec.), 1991

Qualifications: Financial insight. Leadership experience from international investment banking and financial institutions.

Considered independent

Niels Bjørn Christiansen
Born 1966

Joined the board in 2014.

CEO of Danfoss A/S

Management duties in the Danfoss Group: Chairman of two subsidiaries to Danfoss A/S and board member of two subsidiaries.

Other management duties, etc.: Axcel (chairman); William Demant Holding; DTU (Technical University of Denmark); DI (vice chairman); Fremstillingsindustrien (The Manufacturing Industry).

Education: Master of Science in Engineering,1991. MBA from INSEAD,1993

Qualifications: Management experience in large, global high-tech and industrial innovation companies. Board exprience from both listed and private companies within the financial sector, private equity and industry.

Considered independent.

Member of the Audit Committee
Chair of the Transformation & Innovation Committee
Renata Frolova-Hammer
Born 1977

Joined the board in 2014.

Head of Responsible Procurement in A.P. Moller - Maersk A/S

Other management duties, etc.: IKEA Industry Holding B.V

Education: Maersk International Shipping Education, 2001. BSc in Philosophy, 2011. Aspen Institute First Movers Fellow, Business and Society Programme, 2014.

Qualifications: Experience with execution and management in the A.P. Moller - Maersk Group within fields of sustainability,  innovation, strategy, and supply chain.

Not considered independent due to employment in the A.P. Moller - Maersk Group.

Palle Vestergaard Rasmussen
Born 1958

Joined the board in 2014.

Captain

Other management duties, etc.: None

Education: Master’s Certificate, 1981.

Qualifications: Captain in Maersk Supply Service since 1991. Technical, maritime and operational knowledge relevant to the shipping activities of the Group.

Not considered independent due to employment in the A.P. Moller - Maersk Group.

Robert Mærsk Uggla
Born 1978

Joined the board in 2014.

CEO of A.P. Møller Holding A/S

Other management duties, etc.: Foundation Board of IMD.

Education: MSc in Business Administration (finance and accounting), 2003. Executive education at The Wharton School of the University of Pennsylvania and Harvard Business School

Qualifications: Leadership experience within shipping and marine services.

Not considered independent due being a direct descendant (son) of Ane Mærsk Mc-Kinney Uggla.

Member of the Transformation & Innovation Committee
  Audit Remuneration Transformation & Innovation
Jim Hagemann Snabe
Image of Jim Hagemann Snabe
Jim Hagemann Snabe
Chairman
Born 1965

Joined the board in 2016.

Former Co-CEO of SAP AG, Germany.

Other management duties, etc.: Bang & Olufsen A/S (Vice-chairman); Siemens AG; Allianz SE; SAP SE; World Economic Forum (member of the Board of Trustees and Chairman of World Economic Forum USA).

Education: Cand. Merc., Aarhus School of Business, 1989; PhD Intro Scholarship in Operational Research, Aarhus School of Business, 1990; AviraQuest, Insead 2002. 

Qualifications: Board experience from a.o. international, listed technology- and innovation driven companies and from the financial sector. Management experience from global, listed IT company.

Considered independent.

 
Ane Mærsk Mc-Kinney Uggla
Image of Ane Mærsk Mc-Kinney Uggla
Ane Mærsk Mc-Kinney Uggla
Vice Chairman
Born 1948

Joined the board in 1991.

Other management duties, etc.: A.P. Møller og Hustru Chastine Mc-Kinney Møllers Fond til almene Formaal (chairman); Den A.P. Møllerske StøtteFond (Chairmand); A.P. Møller Holding A/S (chairman); Maersk Broker A/S (chairman); Maersk Broker K/S (chairman); Estemco A/S (chairman).

Education: Master of Arts, 1977

Qualifications: Insight into the market fundamentals, values and history of the Group. Knowledge of the Group’s complex accountancy matters.

Not considered independent due to membership of the board of A.P. Møller Holding A/S.

   
Niels Jacobsen
Image of Niels Jacobsen
Niels Jacobsen
Vice Chairman
Born 1957

Joined the board in 2007.

CEO of William Demant Holding A/S.

Management duties in the William Demant Group: Chairman of 59 subsidiaries; William Demant Invest A/S (Managing Director); Jeudan A/S (deputy chairman); Ossur hf. (chairman); HIMPP A/S (chairman); HIMSA A/S (chairman); HIMSA II A/S; Sennheiser Communications A/S (Chairma); Boston Holding A/S.

Other management duties, etc.: LEGO A/S (chairman); KIRKBI A/S (Vice Chairman); Thomas B. Thriges Fond (chairman).

Education: MSc. (Econ), 1983

Qualifications: Experience from offices as CEO and chairman of major Danish companies, including listed companies, financial and accounting knowledge and experience with leadership of technology and innovation companies.

Considered independent.

   
Arne Karlsson
Image of Arne Karlsson
Arne Karlsson
Born 1958

Joined the board in 2010.

Former CEO of Ratos AB

Other management duties, etc.: Bonnier Holding (chairman); Bonnier AB; SNS Board of Trustees (chairman); Einar Mattsson (chairman); Swedish Corporate Governance Board (chairman); Ecolean (chairman); Swedish Securities Council and WCPF (World’s Children’s Prize Foundation) (chairman).

Education: Bachelor in Business and Economics, 1982

Qualifications: Experience from financial institutions. CEO and board member of private equity companies and experience with managing and developing a diverse portfolio of businesses operating in different markets.

Considered independent.

   
Jan Leschly
Image of Jan Leschly
Jan Leschly
Born 1940

Joined the board in 2000.

Chairman and managing partner of Care Capital LLC. Former CEO, SmithKline Pharmaceuticals

Other management duties, etc.: Vaxart Pharmaceuticals; Adjunct professor at Copenhagen Business School.

Education:
Master of Science in Pharmacy,1965
Master of Business Economics,1970

Qualifications:
Experience from positions as CEO, board member and chairman of large listed companies with global activities. Experience with leadership of research and innovation companies.

Not Considered independent due to more than 12 years of service on the board.

     
Robert Routs
Image of Robert Routs
Robert Routs
Born 1946

Joined the board in 2010.

Former Executive Director, Royal Dutch Shell plc.

Other management duties,etc.: Aegon NV (chairman); DSM NV (chairman); ATCO Group; AECOM.

Education: Master’s degree in Chemical Engineering, 1969. Ph.D. in Technical Sciences, 1971

Qualifications: Technical, commercial and managerial experience. More than 30 years of international working experience in research, general management and CEO positions in the oil and gas, chemical, renewables and trading industry, including positions in listed companies.

Considered independent.

   
Dorothee Blessing
Image of Dorothee Blessing
Dorothee Blessing
Born 1967

Joined the board in 2014.

Vice Chairman Investment Banking EMEA, J.P.Morgan

Former Co-Head Investment Banking of Goldman Sachs Group, Germany

Other management duties, etc.: None

Education: MSc Economics (lic.oec.), 1991

Qualifications: Financial insight. Leadership experience from international investment banking and financial institutions.

Considered independent

     
Niels Bjørn Christiansen
Image of Niels Bjørn Christiansen
Niels Bjørn Christiansen
Born 1966

Joined the board in 2014.

CEO of Danfoss A/S

Management duties in the Danfoss Group: Chairman of two subsidiaries to Danfoss A/S and board member of two subsidiaries.

Other management duties, etc.: Axcel (chairman); William Demant Holding; DTU (Technical University of Denmark); DI (vice chairman); Fremstillingsindustrien (The Manufacturing Industry).

Education: Master of Science in Engineering,1991. MBA from INSEAD,1993

Qualifications: Management experience in large, global high-tech and industrial innovation companies. Board exprience from both listed and private companies within the financial sector, private equity and industry.

Considered independent.

 
Renata Frolova-Hammer
Image of Renata Frolova-Hammer
Renata Frolova-Hammer
Born 1977

Joined the board in 2014.

Head of Responsible Procurement in A.P. Moller - Maersk A/S

Other management duties, etc.: IKEA Industry Holding B.V

Education: Maersk International Shipping Education, 2001. BSc in Philosophy, 2011. Aspen Institute First Movers Fellow, Business and Society Programme, 2014.

Qualifications: Experience with execution and management in the A.P. Moller - Maersk Group within fields of sustainability,  innovation, strategy, and supply chain.

Not considered independent due to employment in the A.P. Moller - Maersk Group.

     
Palle Vestergaard Rasmussen
Image of Palle Vestergaard Rasmussen
Palle Vestergaard Rasmussen
Born 1958

Joined the board in 2014.

Captain

Other management duties, etc.: None

Education: Master’s Certificate, 1981.

Qualifications: Captain in Maersk Supply Service since 1991. Technical, maritime and operational knowledge relevant to the shipping activities of the Group.

Not considered independent due to employment in the A.P. Moller - Maersk Group.

     
Robert Mærsk Uggla
Image of Robert Mærsk Uggla
Robert Mærsk Uggla
Born 1978

Joined the board in 2014.

CEO of A.P. Møller Holding A/S

Other management duties, etc.: Foundation Board of IMD.

Education: MSc in Business Administration (finance and accounting), 2003. Executive education at The Wharton School of the University of Pennsylvania and Harvard Business School

Qualifications: Leadership experience within shipping and marine services.

Not considered independent due being a direct descendant (son) of Ane Mærsk Mc-Kinney Uggla.

   
= Chair of the Board = Chair = Member

The Audit Committee held 4 meetings in 2013, 6 meetings in 2014 and plans to hold 6 meetings in 2015. The Remuneration Committee held 4 meetings in 2013, 5 meetings in 2014 and expects to hold 2-4 meetings in 2015.