Solar Group Management is made up of the Executive Board, our Senior Vice Presidents and the Managing Directors of the group subsidiaries. Furthermore, we have a Board of Directors that is made up of nine members. You can see them all here below.
Executive Board
Jens Andersen
CEO
Born in 1968. Joined Solar in 1998.
Board duties
Chair of the boards of directors of seven Solar Group subsidiaries.
Member of the boards of directors of VELTEK, DI Byggeri and HF Christiansen Holding A/S and two subsidiaries hereof.
Shares
Holds 10,664 Solar B shares. Did not trade Solar shares in 2023.
Holds 11,164 restricted share units. 4,007 restricted share units were granted and 3,795 were settled in 2023.
Michael Jeppesen
CFO
Born in 1966. Joined Solar in 2000.
Board duties
Member of the boards of directors of all Solar Group subsidiaries.
Member of the boards of directors of Aktieselskabet Sønder Omme Plantage.
Shares
Holds 4,080 Solar B shares. Did not trade Solar shares in 2023.
Holds 5,959 restricted share units. 2,212 restricted share units were granted and 1,896 were settled in 2023.
Group Management
Board of Directors
Our Board of Directors is made up of six members elected by the Annual Meeting and three employee-elected members
Chair
Michael Troensegaard Andersen
Born in 1961, joined the board in 2021. Remuneration 2023: DKK 840,000. Holds 774 Solar B shares. Did not trade Solar shares in 2023.
More info
Vice-chair
Jesper Dalsgaard Jensen
Born in 1968, joined the board in 2017. Managing Director, Rambøll Environment & Health, Rambøll Group A/S. Remuneration 2023: DKK 450,000. Holds 1,550 Solar B shares of which 450 shares were acquired in 2023.
More info
Member
Peter Bang
Born in 1969, joined the board in 2018. CFO, Salling Group. Remuneration 2023: DKK 487,500. Holds 1,200 Solar B shares. Did not trade Solar shares in 2023.
More info
Member
Katrine Borum
Born in 1981, joined the board in 2022. Chief Physician and Head of Education at Nordsjællands Hospital. Remuneration 2023: DKK 350,000. Holds 42,723 Solar B shares. Did not trade Solar shares in 2023.
More info
Member
Morten Chrone
Born in 1966 and joined the board in 2019. Group CEO, Unisport Saltex Oy. Remuneration 2023: DKK 380,000. Holds 712 Solar B shares. Did not trade Solar shares in 2023.
More info
Employee-elected member
Denise Goldby
Born in 1987, joined the board in 2022. Head of Solar's Copenhagen and Amager customer centres. Remuneration 2023: DKK 290,000. Holds 25 Solar B shares of which 5 shares were acquired in 2023.
Member
Louise Knauer
Born in 1983, joined the board in 2017. CED of Lady Invest ApS and It’s a club ApS. Remuneration 2023: DKK 425,000. Holds 381 Solar B shares. Did not trade Solar shares in 2023.
More info
About the Board of Directors
The Board of Directors and the Executive Board, which comprises the CEO and CFO, are jointly responsible for Solar Group’s overall and strategic management.
Overall, the Board of Directors must comprise the following expertise to enable it to perform its management duties:
- Experience of board of directors' work
- Top-level management experience
- International experience
- Knowledge of the circumstances of listed companies
- Knowledge of supply chain, sourcing and services
- Knowledge and experience of digitalisation
- Knowledge and experience of sustainability and green transition
- Economic and financial knowledge
- Experience of acquisitions and divestments
- Experience of strategic and business development
Board of Directors' affiliation with Solar
Peter Bang, Morten Chrone, Louise Knauer and Michael Troensegaard Andersen are independent of the company pursuant to the definition in the recommendations on corporate governance in Denmark.
Jesper Dalsgaard and Katrine Borum is affiliated with the Fund of 20th December, Solar's majority shareholder.
In 2023, the Board of Directors reelected Peter Bang, Michael Troensegaard Andersen and Louise Knauer as members of the Audit Committee. Peter Bang chairs the Audit Committee. He and Michael Troensegaard Andersen have special accountancy qualifications.
The Board of Directors reelected Morten Chrone and Louise Knauer as members of the Remuneration Committee together with the Chair of the Board of Directors Michael Troensegaard Andersen. Michael Troensegaard Andersen chairs the Remuneration Committee.
Employee representatives
Under the law, employee representatives have the same rights, duties and responsibilities as the other members of the board. Under Danish law, employees have the right to elect a number of representatives and alternates, corresponding to half the representatives elected by the Annual General Meeting at the time of the announcement of the election of employee representatives.
The next ordinary election of employee representatives will take place electronically in 2026.
Election period
All board members elected at the Annual General Meeting stand for election each year, whereas employee representatives are elected by the company’s employees for four-year terms.
Activities
A minimum of six ordinary board meetings as well as one Board of Directors’ conference are held each year. In 2023, we had seven board meetings and one conference for the Board of Directors.
Read more about the Board of Directors in our Annual Reports.