Locations
Contacts

Endre Lunde

Senior Vice President, Communications

MAIL P.O. Box 142, NO-2831 Raufoss, Norway
VISIT Enggata 37, 2830 Raufoss, Norway
EMAIL endre.lunde@nammo.com
TEL +4790853270

Norway

Nammo AS

MAIL P.O. Box 142, NO-2831 Raufoss, Norway
VISIT Enggata 37, NO-2830 Raufoss, Norway
EMAIL info@nammo.com
TEL +47 61 15 36 00

Board Committees

HR and Compensation Committee (HRCC)

The HR and Compensation Committee (HRCC) is a committee of the Board that supports the Board in fulfilling its responsibilities with respect to Human Resources and compensation in the Nammo Group. Topics covered by the committee include:

  • Succession planning
  • Talent development
  • Compensation policy and guidelines for Top management
  • Pension issues

Risk, Audit and Compliance Committee

The Risk, Audit and Compliance Committee (RACC) is a committee of the Board that supports the Board in the fulfillment of its responsibilities by preparing with respect to financial reporting, internal controls, compliance and risk management systems, external auditing matters and business ethics compliance.

Board of Directors

The composition of the Board of Directors for the Nammo Group is determined by its Shareholders Agreement. It stipulates that the board of Nammo AS shall consist of 6 to 8 members. The board shall meet regularly, and at least 4 times a year. Nammo's owners, the Norwegian Ministry of Trade, Industries and Fisheries and Finnish company Patria Oyj, nominate three board members each, with the position as Chairman alternating between the two owners every year. The board also has two employee representatives as full members. The employee representatives are elected by the employees in each country in accordance with local procedures.

Board Committees

HR and Compensation Committee (HRCC)

The HR and Compensation Committee (HRCC) is a committee of the Board that supports the Board in fulfilling its responsibilities with respect to Human Resources and compensation in the Nammo Group. Topics covered by the committee include:

  • Succession planning
  • Talent development
  • Compensation policy and guidelines for Top management
  • Pension issues

Risk, Audit and Compliance Committee

The Risk, Audit and Compliance Committee (RACC) is a committee of the Board that supports the Board in the fulfillment of its responsibilities by preparing with respect to financial reporting, internal controls, compliance and risk management systems, external auditing matters and business ethics compliance.

Board Members

Esa Rautalinko

Chair

President & CEO, Patria Oyj.
Nominated by, and representing Patria Oyj

Dag Schjerven

Vice Chair

Nominated by, and representing the Norwegian Ministry of Trade, Industry and Fisheries

Cathrine Bjaarstad

Board Member

President, Scandinavia Altus Intervention Group. Nominated by, and representing the Norwegian Ministry of Trade, Industry and Fisheries

Sirpa-Helena Sormunen

Board Member

General Counsel, Fortum Oyj
Nominated by, and representing Patria Oyj

Dag J. Opedal

Board Member

CEO, Alcaran AS
Nominated by, and representing the Norwegian Ministry of Trade, Industry and Fisheries

Ville Jaakonsalo

Board Member

CFO, Patria Oyj
Nominated by, and representing Patria Oyj

Marianne Stensrud

Board Member

Employee Representative
Nammo Raufoss AS

Petri Kontola

Board Member

Employee Representative
Nammo Lapua Oy