The Board sees to it that all applicable rules are followed and that efficient control systems are in place. An efficient control system strikes the right balance between risk and control. The Board regularly evaluates the long-term growth incentive program based on the current financial situation and financial, legal, social and environmental risks. The goal is to achieve a sustainable and profitable development of the Group.
Meet the Board members
Hans Stråberg
Chair of the Board since 2014
| Elected since | 2013 |
| Born | 1957 |
| Education | M.Sc. in Mechanical Engineering, Chalmers University of Technology, Gothenburg |
| Nationality | Swedish |
| External memberships | Chair of AB SKF, Roxtec AB and Anocca AB. Board member of Investor AB. Member of The Royal Swedish Academy of Engineering Sciences. |
Work experience and other information:
President and CEO for AB Electrolux. Various executive positions in the Electrolux Group based in Sweden and the U.S. EU Co-Chair TABD, Trans-Atlantic Business Dialogue.
Attendance |
|
| Board meeting: | 10 of 10 |
| Annual meeting: | Yes |
Independence |
|
| To Atlas Copco Group and its management: | Yes |
| To major shareholders: | No, board member in Investor AB, which is a larger owner in Atlas Copco AB. |
Fees and Holdings |
|
| Total fees: | 3 651 KSEK (2023) |
| Holdings in Atlas Copco AB: | 166 380 A class shares, 132 000 class B shares, 59 911 synthetic shares |
Vagner Rego
Board member, President and CEO as from May 1st 2024
| Elected since | 2024 |
| Born | 1972 |
| Education | Mechanical engineering from Mackenzie University and an MBA from Ibmec Business School, both in Brazil. |
| Nationality | Brazilian |
| External memberships | - |
Work experience and other information:
President and CEO of Atlas Copco AB (current position). Business Area President for Compressor Technique. President for the Compressor Technique Service division.
Attendance |
|
| Annual meeting: | Yes |
Independence |
|
| To Atlas Copco Group and its management: | No, president and CEO of Atlas Copco AB |
| To major shareholders: | Yes |
Fees and Holdings |
|
| Holdings in Atlas Copco AB: | 29 279 class A shares, 13 000 class B shares, 412 096 employee stock options |
Jumana Al-Sibai
Board member
| Elected since | 2023 |
| Born | 1972 |
| Education | University of Karlsruhe (TH), Karlsruhe Institute of Technology, Germany and HEC Lausanne, Switzerland, Diploma in Industrial Engineering. |
| Nationality | German |
| External memberships | Board of Trustees at FKFS (Forschungsinstitut für Kraftfahr wesen und Fahrzeugmotoren Stuttgart), Germany. |
Work experience and other information:
Member of the Management Board of Mahle GmbH with responsibility for Thermal and Fluid Systems (current positions). CEO of Mahle Behr GmbH & Co. KG, EVP/SVP positions at Robert Bosch GmbH with focus on general management, sales, and strategy. Director at Simon Kucher & Partners Strategy & Marketing Consultants.
Attendance |
|
| Board meeting: | 6 of 9 |
| Annual meeting: | Yes |
Independence |
|
| To Atlas Copco Group and its management: | Yes |
| To major shareholders: | Yes |
Fees and Holdings |
|
| Total fees: | 906 KSEK (2023) |
| Holdings in Atlas Copco AB: | 3 499 synthetic shares |
Heléne Mellquist
Board member
| Elected since | 2022 |
| Born | 1964 |
| Education | Bachelor in International Business studies, University of Gothenburg. Executive Management, Stockholm School of Economics. |
| Nationality | Swedish |
| External memberships | Chair of Hultafors Group, Innovalift, Caljan and Latour Industries. Board member of Alimak Group and Nord-Lock Group. |
Work experience and other information:
Executive Vice President and Chief Operating Officer of Latour Group (current position). President of Volvo Penta. Senior Vice President of Volvo Trucks Europe, Senior Vice President of Volvo Trucks International and CEO of TransAtlantic AB.
Attendance |
|
| Board meeting: | 9 of 9 |
| Annual meeting: | Yes |
Independence |
|
| To Atlas Copco Group and its management: | Yes |
| To major shareholders: | Yes |
Fees and Holdings |
|
| Total fees: | 1031 KSEK (2023) |
| Holdings in Atlas Copco AB: | 8 171 synthetic shares |
Johan Forssell
Board member
| Elected since | 2008 |
| Born | 1971 |
| Education | M.Sc. in Economics and Business Administration, Stockholm School of Economics. |
| Nationality | Swedish |
| External memberships | Board member of ABB Ltd., Wärtsilä Oyj Abp, Finland and Epiroc AB. Member of The Royal Swedish Academy of Engineering Sciences. |
Work experience and other information:
Senior Advisor, Investor AB and Wallenberg Investments AB (current position). President and CEO of Investor AB. Managing Director, Head of Core Investments, Investor AB.
Attendance |
|
| Board meeting: | 9 of 9 |
| Annual meeting: | Yes |
Independence |
|
| To Atlas Copco Group and its management: | Yes |
| To major shareholders: | No, consultant to an indirect major shareholder. |
Fees and Holdings |
|
| Total fees: | 1255 KSEK (2023) |
| Holdings in Atlas Copco AB: | 44 000 class B shares, 21 798 synthetic shares |
Anna Ohlsson-Leijon
Board member
| Elected since | 2020 |
| Born | 1968 |
| Education | B.Sc. in Business Administration and Economics from Linköping University. |
| Nationality | Swedish |
| External memberships | Board member of Schneider Electric. |
Work experience and other information:
Group Executive Vice President and head of Business Area Europe and Business Area Asia-Pacific, Middle East and Africa, at AB Electrolux (current position). Senior positions within Electrolux Group including Head of Commercial & Consumer Journey, CFO of AB Electrolux, CFO of Major Appliances EMEA and Head of Electrolux Corporate Control & Services. Chief Financial Officer of Kimoda. Various positions within PricewaterhouseCoopers.
Attendance |
|
| Board meeting: | 9 of 9 |
| Annual meeting: | Yes |
Independence |
|
| To Atlas Copco Group and its management: | Yes |
| To major shareholders: | Yes |
Fees and Holdings |
|
| Total fees: | 1464 KSEK (2023) |
| Holdings in Atlas Copco AB: | 1 400 class B shares, 11 523 synthetic shares |
Gordon Riske
Board member
| Elected since | 2020 |
| Born | 1957 |
| Education | MBA programme at GSBA, Zurich, Switzerland, in collaboration with the State University of New York, U.S., and BBA, Oekreal School of Business, Zurich, Switzerland. |
| Nationality | American / German |
| External memberships | Chair of the MTU Aero Engines, AG Munich, Germany and Sunlight Group SA, Athens, Greece. |
Work experience and other information:
CEO of KION Group AG, Germany. Chairman of the Management Board of Linde Material Handling GmbH, Germany, Chairman of the Management Board of Deutz AG, Germany, Managing Director of KUKA Roboter GmbH, Germany, and management positions at KUKA Schweiß - anlagen & Roboter GmbH, Germany and KUKA Welding Systems & Robot Corporation, U.S.
Attendance |
|
| Board meeting: | 9 of 9 |
| Annual meeting: | Yes |
Independence |
|
| To Atlas Copco Group and its management: | Yes |
| To major shareholders: | Yes |
Fees and Holdings |
|
| Total fees: | 1110 KSEK (2023) |
| Holdings in Atlas Copco AB: | 16 182 synthetic shares |
Peter Wallenberg Jr
Board member
| Elected since | 2012 |
| Born | 1959 |
| Education | BSBA Hotel Administration, University of Denver, the United States and International Bachaloria, American School, Leysin, Switzerland. |
| Nationality | Swedish |
| External memberships | Chair of Knut and Alice Wallenberg Foundation, Wallenberg Foundations AB and FAM Förvaltning AB (The Grand Group). Board member of Scania. |
Work experience and other information:
President and CEO of The Grand Hotel Holdings, General Manager, The Grand Hotel, President Hotel Division Stockholm-Saltsjön.
Attendance |
|
| Board meeting: | 9 of 9 |
| Annual meeting: | No |
Independence |
|
| To Atlas Copco Group and its management: | Yes |
| To major shareholders: | No, board member of an indirect owner of Atlas Copco AB |
Fees and Holdings |
|
| Total fees: | 1135 KSEK (2023) |
| Holdings in Atlas Copco AB: | 666 668 class A shares, 21 798 synthetic shares |
Karin Rådström
Board member
| Elected since | 2024 |
| Born | 1979 |
| Education | Master of Engineering in Industrial Management, Royal Institute of Technology, Stockholm |
| Nationality | Swedish |
| External memberships | - |
Work experience and other information:
CEO of Daimler Truck Holding AG and member of the Board of Management (current position). CEO of Mercedes-Benz Trucks and member of the Board of Management at Daimler Truck Holding AG. Member of the Executive Board at Scania, responsible for Sales and Marketing. Head of Buses & Coaches, Director of Pre Sales & Marketing Communication (Kenya) and several managing positions all within Scania.
Attendance |
|
| Board meeting: | - |
| Annual meeting: | Yes |
Independence |
|
| To Atlas Copco Group and its management: | Yes |
| To major shareholders: | Yes |
Fees and Holdings |
|
| Total fees: | - |
| Holdings in Atlas Copco AB: | - |
Benny Larsson
Board member (employee representative)
| Elected since | 2018 |
| Born | 1972 |
| Nationality | Swedish |
| Board meeting | 9 of 9 |
Helena Hemström
Board member (employee representative)
| Elected since | 2021 |
| Born | 1969 |
| Nationality | Swedish |
| Board meeting | 9 of 9 |
Mikael Lindberg
Deputy to Benny Larsson (employee representative)
| Elected since | 2024 |
| Born | 1967 |
| Nationality | Swedish |
Thomas Nilsson
Deputy to Helena Hemström (employee representative)
| Elected since | 2021 |
| Born | 1972 |
| Nationality | Swedish |
| Board meeting | 8 of 9 |