The General Meeting elects the Supervisory Board. The Supervisory Board currently has ten members elected by the General Meeting and five members elected by the employees in accordance with the Danish Companies Act. Consequently, the Supervisory Board has a total of 15 members.
The members elected by the General Meeting are elected individually and for a term of one year. Re-election is possible.
Five of the ten members elected by the General Meeting are independent and have an international business background in addition to competences related to FMCG, finance, emerging markets and Russia. The other five members are affiliated to the Carlsberg Foundation, the Company’s principal shareholder, and have an academic background. These members are bearers of the Carlsberg Group culture, and the heritage and values stemming from founder J.C. Jacobsen, and the Supervisory Board sees these members as patrons of the same.
The employee representatives are elected for a term of four years. They hold the same rights and obligations as the members elected by the General Meeting.
The Supervisory Board believes that the composition of the Board ensures an appropriate level of diversity and breadth in the members’ approach to their duties, thereby helping to ensure that decisions are well considered and that the long-term perspective is duly taken into account.
Each year, the Supervisory Board considers the skills that should be represented on the Supervisory Board on the basis of a recommendation from the Nomination Committee. These skills are described in the Specification of Competences. The Nomination Committee and the Supervisory Board take the description of the required skills into consideration when recommending new candidates for the Supervisory Board. None of the members of the Supervisory Board are or have been involved in the executive management of the Group.