Cecilia Daun Wennborg, currently serving on the boards of Getinge AB, Loomis AB, and Bravida Holding AB, among others, along with Mikael Bratt, who holds the positions of President, CEO, and board member at Autoliv Inc., have been nominated as prospective members of the Board of Directors. Their election is set to take place during the upcoming Annual General Meeting (AGM) scheduled for May 8, 2024. Concurrently, existing board members Katarina Lindström and Hans Porat will step down as they are not seeking re-election and will vacate their positions following the AGM.
About Cecilia Daun
Cecilia Daun Wennborg brings extensive expertise from executive roles across diverse sectors, including banking, insurance, and healthcare, spanning over two decades. With a wealth of experience, she has served as a board member in numerous publicly listed and private companies. Presently, she holds board positions in notable entities such as Getinge AB, Loomis AB, Bravida Holding AB, and Oncopeptides AB. Cecilia earned her BS in Business Administration from Stockholm University, Sweden.
“We are very pleased to be able to propose Cecilia Daun Wennborg and Mikael Bratt as new members of the Gränges’ Board. With Cecilia’s extensive experience from board work in several publicly listed companies and Mikael’s solid background as business leader and CFO in companies in the automotive industry, they will constitute a strong addition to the Board,” said Jannis Kitsakis, Chairman of Gränges’ Nomination Committee.
Mikael Bratt, presently serving as President
As President, CEO, and member of the Board of Directors at Autoliv Inc., Mikael Bratt boasts a comprehensive background in the global automotive industry, holding various key positions. With nearly three decades of experience, he notably spent around 30 years at Volvo Group, culminating in roles such as EVP Group Truck Operations and CFO. Mikael also contributed significantly as a member of the Group Management team at AB Volvo. He pursued his studies in Business Administration at the University of Gothenburg, Sweden.
Regarding the departure of Katarina Lindström and Hans Porat from the Board of Directors in conjunction with the 2024 AGM, both have played pivotal roles since their election to the Gränges’ Board in 2016. They have been actively involved, particularly in significant endeavours, such as the acquisitions of Noranda in the US in 2016 and Aluminium Konin in Poland in 2020. Additionally, they have contributed to formulating Gränges’ Navigate strategy for sustainable growth. Katarina has notably served as a member of the Audit Committee, while Hans has been a member of the Remuneration Committee.
About the nomination committee
The Nomination Committee recommends the re-election of Fredrik Arp, Steven Armstrong, Mats Backman, Martina Buchhauser, Peter Carlsson, and Gunilla Saltin. Fredrik Arp is proposed to continue serving as the Chairman of the Board. With this proposal, the Board of Directors will maintain its composition of eight members elected directly by the Annual General Meeting without deputies.
The Nomination Committee for the Annual General Meeting of 2024 comprises representatives from the company’s three largest shareholders and the Chairman of the Board of Gränges, Fredrik Arp. Jannis Kitsakis from AP4 chairs the Nomination Committee, joined by Jan Dworsky representing Swedbank Robur funds, Anders Algotsson from AFA Insurance, and Fredrik Arp in his capacity as Chairman of the Board of Gränges.
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