Corporate Governance
Corporate Governance in Auriga Industries A/S
The Board of Directors sees it as its most important task to look after the long-term interests of Auriga, and thereby of the shareholders. The guidelines for the overall management of Auriga are based on the Articles of Association, objectives, strategy and values and on the corporate governance principles laid down in, for example, legislation, best practice and recommendations.
In 2008, general guidelines on performance-related remuneration were introduced for members of Auriga’s Board of Directors and Board of Executives.
The Board of Directors in Auriga is composed of six members elected by the general meeting (g) and three employee representatives (e).
Elected at the annual general meeting on April 22, 2010:
Povl Krogsgaard-Larsen, Deputy Chairman (g)
Gunnar Krarup Andersen (e)
Kenneth Bro (e)
Karl Anker Jørgensen (g)
Jutta af Rosenborg (g)
Jan Stranges (g)
Torben Svejgård (g)
Jørn Sand Tofting (e)
In 2009, the Board of Directors has established an Audit Committee.
The day-to-day management in Auriga is undertaken by a Board of Executives with one member:
Kurt Pedersen Kaalund, President and CEO in Auriga Industries A/S and Cheminova A/S.
The rules of procedure prepared for the Board of Directors and the Board of Executives lay down detailed guidelines for their activities and duties, it being noted that no members are members of both boards.
 See Cheminova's topmanagement (Global Executive Committee) here
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