Joakim Westh proposed as new board member in Intrum Justitia AB (publ)
The Nomination Committee has informed Intrum Justitia that it will
propose to the annual general meeting on March 31, 2011 that the number
of board members remain at seven and that six current members - Matts
Ekman, Helen Fasth-Gillstedt, Lars Lundquist, Joakim Rubin, Charlotte
Strömberg and Fredrik Trägårdh - shall be re-elected. Lars Förberg has
declined re-election.
The new board member proposed by the Nomination Committee is Joakim
Westh.
Joakim Westh has been Senior Vice President at Ericsson with
responsibility for strategy and operational excellence and Group Vice
President at Assa Abloy. Prior to that he worked at the management
consulting company McKinsey & Co.
Mr. Westh is currently a member of the board in SAAB AB (publ), Rörvik
Timber AB (publ) and Absolent AB. Mr. Westh holds a Master of Science
from the Royal Institute of Technology (KTH) and a Master of Science
from Massachusetts Institute of Technology (MIT).
Moreover, the Nomination Committee proposes the re-election of Lars
Lundquist as chairman of the board and that the board fees shall remain
unchanged for the chairman as well as the other board members. The fees
to each board member for committee work is proposed remain unchanged,
however the total fees may increase as the number of committee members
is expected to increase. It is proposed that the auditors' fees shall be
paid in accordance with approved invoices.
The Nomination Committee also proposes that chairman of the board Lars
Lundquist shall be elected chairman at the annual general meeting.
The Nomination Committee's complete proposal to the annual general
meeting 2010 will be presented in the notice and on the company's
website together with a motivated statement regarding the proposal for
the board of directors no later than March 3, 2011.
The Nomination Committee prior to Intrum Justitia's annual general
meeting 2011 is comprised of Conny Karlsson (chairman) appointed by
CapMan Public Market Fund, Philip Wendt appointed by Länsförsäkringar
fonder, Hans Hedström appointed by Carnegie fonder, Mats Gustafsson
appointed by Lannebo fonder and KG Lindvall appointed by Swedbank Robur
fonder. The chairman of the board, Lars Lundquist, has been co-opted to
the Nomination Committee.
Shareholders representing approximately 21,7 per cent of the share
capital and votes in the company support the above proposals.
For further information, please contact:
Conny Karlsson, Chairman of the Nomination Committee
Tel: +46 705 21 19 18
Annika Billberg, IR & Communications Director
Tel: +46 702 67 97 91
E-mail: a.billberg@se.intrum.com
