Investor names members of nomination committee for 2019 AGM.
M2 EQUITYBITES-September 20, 2018-Investor names members of nomination committee for 2019 AGM
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Investor AB (STO:INVEB), an owner of Nordic-based international companies, announced on Wednesday that the members of its nomination committee are Michael Treschow, of Wallenberg Foundations; Anders Oscarsson, of AMF and AMF Funds; Lars Isacsson, of SEB Foundation; Ramsay Brufer, of Alecta and Jacob Wallenberg, chairman of Investor's board of directors.
Shareholders having appointed members to the nomination committee represent approximately 65% of the voting rights for all shares of Investor AB.
Reportedly, in accordance with the decision by the Annual General Meeting, the members of the company's nomination committee should be appointed by the four shareholders/owner groups controlling the largest number of votes in Investor, who desire to appoint a member. In addition, the chairman of the company's board of directors shall be a member of the nomination committee.
As on 31 August 2018, the four owners controlling the largest number of votes (taking into account owner groups) who desired to appoint members to the nomination committee were the Wallenberg Foundations, AMF and AMF Funds, SEB Foundation and Alecta.
This nomination committee shall present for approval by the 2019 Annual General Meeting the proposals of chairman of the meeting; members of the board of directors; chairman of the board of directors; remuneration to the members of the board of directors; for auditors; remuneration to Investor's auditors and to the extent deemed necessary, proposal regarding amendments of the current instruction for the nomination committee.
Investor's Annual General Meeting will be held on 8 May 2019, at Stockholm, Sweden.
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