RS Platou does not have a corporate assembly. The composition of the Board ensures that the Board can attend to the common interests of all shareholders and meet the Company’s need for expertise, capacity and diversity. Attention is paid to ensuring that the Board can function effectively as a collegiate body. The composition of the Board ensures that it can operate independently of any special interests.
The Board consist of seven directors, of which three female directors. The majority of the shareholder-elected members of the Board are independent of the Company’s executive management and material business contacts. The two members of the Board elected by shareholders are independent of the Company’s main shareholders and the Board does not include executive management personnel.
The chairman of the Board has been elected by the general meeting. The term of office for members of the Board is not longer than two years at a time.
The annual report shall provide information to illustrate the expertise of the members of the Board, and information on their record of participation in board meetings. A comprehensive biography of the Board of Directors and the Executive Management is also available on RS Platou’s web pages.