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:
- To be announced (Chair of the Audit Committee)
- Birgit Aagaard-Svendsen
- Liselott Kilaas
- May-Kirsti Enger (Secretary)
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 currently consists of only two members. Further members will soon be announced:
- Leif-Arne Langøy (Chair of the Compensation Committee)
- Morten Ulstein
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.