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Our Board of Directors

The DNV GL Group AS

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The Board of Directors consists of 14 members and the current chairman is Leif-Arne Langøy, and Johann Hinrich Stahl is vice-chairman. In accordance with the shareholders agreement, three of the members of the Board shall be appointed by Mayfair and six members by DNV Holding. The shareholders have agreed that the chairman is to be elected in accordance with appointment by DNV Holding, and vice-chairman is to be elected in accordance with appointments by Mayfair. The directors are elected for two years terms or until removed by the general meeting.

The members appointed by DNV Holding are:

  • Chairman Leif-Arne Langøy
  • Morten Ulstein
  • Hilde Tonne
  • Thomas Rehder
  • Christelle Martin
  • Rebekka Glasser Herlofsen

The members appointed by DNV Holding are all board members of Stiftelsen Det Norske Veritas and DNV Holding as well.

The members appointed by Mayfair are:

  • Vice Chairman Johann Hinrich Stahl
  • Johannes Lafrentz
  • Heinrich Frankemölle

The five members appointed by and from among the DNV GL employees worldwide are:

  • Sille Grjotheim and Odd Sund (two from Norway)
  • Clemens Keuer (one from Germany)
  • Mette Bandholtz (one from rest-Europe excluding Norway and Germany) and
  • Bei Betty Xu (one from outside Europe)

Board committees
The Board has set up two permanent working committees, the Compensation Committee and the Audit Committee. The Committee members are appointed by and from among the Board members.

The Audit Committee
The Audit Committee acts as a counselling and preparatory committee on matters regarding the Board’s supervisory function with respect to financial reporting, internal control, compliance, risk management and statutory audits.

The Committee consists of three members:

  • Johann Hinrich Stahl (Chairman)
  • Hilde Tonne
  • Rebekka Glasser Herlofsen

The head of internal audit is the secretary of the Audit Committee. The Audit Committee’s mandate and tasks are set out in the Board’s instructions for the Audit Committee.

The Compensation Committee

The Compensation Committee acts as a counselling and preparatory committee on matters regarding employment terms and conditions for the Chief Executive Officer, management development and succession planning for senior executives, and other matters involving compensation policies and strategies.

The Compensation Committee consists of:

  • Leif-Arne Langøy (Chairman)
  • Johann Hinrich Stahl
  • Johannes Lafrentz
  • Morten Ulstein

The Group Chief Human Resources Officer is the secretary of the Compensation Committee. The Compensation Committee’s mandate and tasks are set out in the Board’s instructions for the Compensation Committee. DNV GL does not have a corporate assembly.