About the nomination committee
Veidekke has a statutory nomination committee. The committee nominates members to the Board and proposes remuneration. The proposals are being considered at the annual general meeting. The nomination committee has at least three members. These are elected by the annual general meeting. Its members should represent shareholders. The majority must be independent of the Board and the company's management.
Nomination committee members
Erik Must
Erik Must (born 1943) is chairman of Fund Finans ASA and Fondsfinans Kapitalforvaltning Holding AS.
He has been CEO of Fondsfinans, and has held board positions at several companies. Among others as Chairman of Arendals Fossekompani, Gyldendal and Erik Must AS.
Erik Must holds an MSc in Business from Copenhagen Business School. Erik Must and his wife Annelise are among Veidekke's largest shareholders.
Arne Austreid
Arne Austreid (b. 1956) chairs Veidekke’s nomination committee. He is chairman of the boards of Eidesvik Offshore ASA, North Sea Energy Park and GL Gruppen AS and is a deputy board member of OBOS.
Austreid has thirty years’ experience from the oil service industry, most recently as CEO of Prosafe ASA (1999–2010), after which he served as CEO of Sparebank 1 SR-Bank ASA until retiring in December 2020.
Arne Austreid has a degree in mechanical and petroleum engineering from Stavanger University College of Engineering and Rogaland District College and a Master of Business Administration from Aberdeen University in Scotland.
Karl Mathisen
Karl Mathisen (b. 1978) is the Chief Investment Officer Equities at Folketrygdfondet, where he started in 2019 as a portfolio manager. Previous positions include portfolio manager at Norges Bank Investment Management (NBIM) in London, Oslo and New York and senior adviser at the Norwegian Ministry of Trade, Industry and Fisheries.
Karl Mathisen holds a master’s degree in business and administration from BI Norwegian Business School, specialising in finance and accounting.
How to submit proposals for board candidates
Shareholders can submit proposals for board candidates at valgkomiteen@veidekke.no.