Board of directors and auditor
LKAB:s board of directors and auditor are elected at the Annual General Meeting, which is held no later than April 30 and is our main decision-making body.
According to LKAB’s Articles of Association, the Board of Directors shall consist of no fewer than six and no more than eleven members, deputies excluded, elected by the Annual General Meeting. The Board of Directors is appointed by the AGM.
LKAB’s Board consists of nine AGM-elected members. The employee organisations are entitled by law to appoint three members and three deputies. They have made use of this opportunity. Nobody from the Group management is included in the Board.
The attendance and work of the Board members during the year can be seen from the Corporate Governance Report, which is included in the annual and sustainability report.
The board’s work is lead by its chairman, currently Anders Borg. You can read more about the board composition below.
KPMG AB is the auditor for LKAB, with Joakim Thilstedt as its principal auditor. On behalf of the owner, the auditor independently reviews the management by the Board and the President, as well as the company’s Annual Report and accounts. The auditor’s assignment also includes a general review of an interim report as well as reviewing the company’s sustainability reporting.
Anders Borg
Chairman
Background
Swedish Minister of Finance 2006-2014. Former advisor and board member for a number of companies in the telecommunications, fintech and public administration sectors. Have previously worked for Citigroup, ABN AMRO and SEB and been an active member of the World Economic Forum for many years. Have also been advisor for Riksbanken and an expert at the Prime Minister's office.
Education
Studied economics, economic history, political science and philosophy at Stockholm and Uppsala Universities.
Other assignments
Chairman of the board of Sehlhall Fastigheter AB and DanAds International AB. Board member of Rud Pedersen Public Affairs Company AB and Stena International S.A. Senior Advisor to Kinnevik, Nordic Capital, East Capital and Amundi.
Birth year
1968
Member since
2023
Carina Andersson
Member
Background
Management position at Sandvik Materials Technology, 2008-2011. Previous board assignments Beijer Alma AB (publ), 2011-2023, Sintercast AB (publ), 2014-2018, Gränges AB (publ), 2014-2022, BE Group AB (publ), 2018-2022, Detection Technology Oyj (publ) , 2019-2024, Swedish Stirling AB (publ), 2020-2023. Chairman of the board Returpack AB, 2022-2024. CEO Ramnäs Bruk AB, 2004-2008, CEO Scana Ramnäs AB, 2002-2004.
Education
Mining engineer, Royal Institute of Technology, KTH, Stockholm
Other assignments
Chairman of the board Carbomax AB. Board member Systemair AB (publ) and Papershell AB.
Birth year
1964
Member since
2024
Alrik Danielsson
Member
Background
President and CEO of SKF AB 2015-2021. President and CEO of Höganäs AB 2005-2014.
Education
Bachelor of Economics at the Gothenburg School of Economics
Other assignments
No further board assignments.
Birth year
1962
Member since
2024
Catrin Fransson
Member
Background
CEO at Svensk Exportkredit (SEK) 2014-2021. Various positions at Swedbank, 1997-2014. Member of Group Management at Swedbank 2004-2013.
Education
MBA, Luleå Tekniska Universitet, Senior Executive Program, London Business School.
Other assignments
Chairman of the Board Swedfund International AB. Member of the board at Försäkringsbolaget PRI Pensionsgaranti.
Birth year
1962
Member since
2021
Bjarne Moltke Hansen
Member
Background
Employed with FLSmidth & Co. A/S Group since 1984. Group Executive Vice President (Koncerndirektør), Product Companies Division, FLSmidth & Co. A/S 2015-2017, Group Executive Vice President, Customer Services Division, FL Smidth 2002-2015, CEO Aalborg Portland Holding A/S 2000-2002, CEO Cembrit Holding A/S 1992-2000, different manager positions within Unicon A/S 1984-1995.
Education
BSc Engineering
Other assignments
Chairman of the Board in Aalborg Portland Holding A/S, RMIG A/S Pindstrup Mosebrug A/S, Randers Tegl A/S and Aasted ApS. Member of the Board PPC Ltd and Danish SGD Investment Fund, Investment Committee.
Birth year
1961
Member since
2016
Kerstin Konradsson
Ledamot
Background
President Boliden Smelters & CEO Boliden Commercial AB (2012-2019). President Åkers Cast Rolls Europe & Asia & CEO Åkers Sweden AB (2007-2011). Vice President Metallurgy and other leading positions at SSAB Oxelösund AB (1995-2007). Member of the board of Höganäs AB (2016-2021).
Education
Master of Science, Metallurgy, KTH (Kungliga Tekniska högskolan)
Other assignments
Board member of Sibelco NV. Member of the Royal Swedish Academy of Engineering Sciences (IVA) and vice chairman of department V – Mining and Materials Technology.
Birth year
1967
Position
CEO and President Profilgruppen AB
Member since
2023
Stefan Öhlén
Member
Background
Analyst and manager at the Government Offices' Department for State-Owned Companies (2013-2016 and 2019-), management consultant QVARTZ (2011-2013 and 2016-2019), management consultant Occam Associates (2008-2011). Board member of Sveaskog (2024-2026), board member of Norrlandsfonden (2022-2024)
Education
Master of Business Administration, School of Economics.
Other assignments
No further board assignments.
Birth year
1983
Position
Company Administrator at the Department for State-Owned Companies, Government Offices
Member since
2026
Jan Öhman
Member
Background
CFO AB Industrivärden (2019-2023), CFO Indutrade AB (2014-2018), CFO Sandvik Venture (2011-2014), CFO and Vice President Sandvik Materials Technology (2006-2011), leading roles within the Boliden Group (1996-2006).
Education
Senior High School.
Other assignments
Chairman of the Board of NYAB AB, Board member of Meson AB, Board member of Industri Belos AB, Board member of Ejendal Invest.
Birth year
1960
Member since
2026
Per Eriksson
Member, Employee representative
Member since
2026
Tomas Larsson
Member, Employee representative
Background
Employed with LKAB since 2003.
Education
Upper Secondary School.
Other assignments
Other directorships: Chairman of the Gruv4:an Club, IF Metall Malmfälten.
Birth year
1983
Member since
2018
Maria Larsson
Member, Employee representative
Background
Employed with LKAB since 2004.
Education
University education in rock engineering and civil engineering, supplemented with studies in digitalization and industrial processes.
Other assignments
Vice Chairman of SACO Södra.
Birth year
1977
Position
Senior Development Engineer
Member since
2026
Lisa Brun
Alternate, Employee representative
Member since
Alternate since 2026
Peter Nordström
Alternate, Employee representative
Background
Employed with LKAB since 2010.
Education
Upper Secondary School.
Other assignments
Chairman of the Club 135:an, IF Metall Malmfälten, Chairman of Vittangi Alltjänst AB.
Birth year
1963
Member since
Alternate since 2020
Hans Thorneus
Alternate, Employee representative
Background
Employed with LKAB since 1995.
Education
Economics with specialisation Controller at Växjö University (Linnaeus University).
Other assignments
Vice Chairman Unionen Kiruna/Svappavaara. Board member Unionen Region Norrbotten.
Birth year
1975
Member since
Alternate since 2023
