Skagen seeks board members elected by unit holders

Skagen, the independent investment boutique that is part of Storebrand Asset Management in the Norwegian Storebrand group, will add board members elected by unit holders at its next annual general meeting on 6 March, 2019, including one that will be elected for a two-year period.

Candidates are put forward by an election committee consisting of Trude Marit Risnes (chair), Terje Vareberg and Per Olof Höglund. To be considered for election by unit holders, candidates must fulfill certain criteria:

  • They must fulfil the necessary requirements relating to honourable conduct and experience
  • They must not be shareholders, employee representatives or employees of Skagen AS, Storebrand Asset Management AS, Storebrand ASA, any other mutual fund management company or Handelsbanken (Skagen Funds’ custodian)
  • They must not have a close personal relationship to any of the board’s members, principal shareholders or management of Skagen or to the board, principal shareholders or management of Storebrand Asset Management AS or Storebrand ASA
  • They must not be the chief executive of a listed company

Recommendations for unit holder elected board members can be put to the election committee by contacting the fund company’s secretary Tone Willoch Rettedal, by email, or by post at SKAGEN, P.O. Box 160, 4001 Stavanger, Norway.

The deadline for sending candidate nominations is 15 October 2018.

Jonathan Boyd
Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope. Jonathan has over two decades of media experience in Japan, Australia, Canada and the UK. Over the past 17 years he has been based in London writing about funds and investments. From editing the newsletter of the Swedish Chamber of Commerce in Japan in the 1990s he now focuses on Nordic markets for InvestmentEurope. Jonathan was awarded Editor of the Year at the Professional Publishers Association (PPA) Independent Publisher Awards 2017. Shortlisted for the same in 2016, he was also shortlisted in 2017 and 2015 for the broader PPA Awards category Editor of the Year (Business Media).

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