BOOK A TRIP CONTACT CUSTOMER CARE HomeAbout SASCorporate governanceBoard of DirectorsBoard committees BOARD COMMITTEES The Board of Director’s appoints a remuneration committee and an audit committee from among its own members. These committees, whose work is of a preparatory nature, imply no delegation of the legal responsibility of the Board or its members. Reports to the Board on issues discussed at the committee’s meetings shall be either in writing or given orally at the following Board meeting. REMUNERATION COMMITTEE The remuneration committee’s main task is to make recommendations for Board approval regarding the terms of the President’s salary (both fixed and variable), employment and pension and deal with issues related to the SAS’ overall remuneration policies for senior executives. The committee is appointed by the Board of Directors. Carsten Dilling (Chairman) and Dag Mejdell are members of the remuneration committee. The Board stipulates the President’s compensation and other terms of employment. In other respects SAS applies the so called “grandfather” principle in setting salaries and other benefits. This principle means that the manager above an employee’s immediate manager must always be informed of and approve that employee’s compensation. SAS does not have a program for variable compensation to senior executives (which for SAS includes the CEO and the other members of the Group Management). There are no share related incentive programmes or option programs in place at SAS. For information on SAS’ remuneration policies and overarching principles as well as the compensation and benefits to the Board, President and senior executives, see the last published Annual report. AUDIT COMMITTEE The audit committee consists of three members elected by and among the members of the Board. Monica Caneman (Chairman), Lars-Johan Jarnheimer and Oscar Stege Unger are members of the audit committee. Its chief task is to monitor the company’s financial reporting, study and review reports from the external auditors, evaluate whether the routines for internal control, internal reporting and auditing are tailored to the needs of the SAS Group and, along with Group Management, discuss issues raised by audits. The committee shall also scrutinize the auditors’ independence vis-à-vis the company, including the extent of the auditors’ non-audit-related engagements for the company. A further task of the committee is to draft and discuss recommendations prior to the shareholders election of external auditors. Language Den här sidan finns också på svenska Links SAS Annual Reports Share Twitter Facebook LinkedIn E-mail Print OUR VISION OUR VISION IS TO MAKE LIFE EASIER FOR SCANDINAVIA’S FREQUENT TRAVELERS SAS - Scandinavian Airlines INSTAGRAM TWITTER YOUTUBE ABOUT SAS This is SAS Strategic priorities for a changing market Business model Fleet Board and management Corporate governance Bolagsstyrning SAS History SUSTAINABILITY SAS view on sustainability SAS Stakeholders Sustainability policies Sustainability related KPI's Flight emission calculator Environmental Management System (ISO 14001) Sustainability reports Initiatives and activities Sustainability contacts INVESTOR RELATIONS Recapitalization plan Rekapitaliseringsplan Shareholder program Financial targets and achievements Financial data Debt and credit rating The share Financial reports Press releases SAS traffic figures Financial presentations Calendar Corporate governance Financial information and reporting Investor relations contacts Subscribe and follow NEWSROOM Press releases SAS Comments Financial reports Imagebank Media contacts Photo permission Sponsorship requests Subscribe and follow CAREER Working at SAS – Leaders and employees in focus Do you fit in? Pilot in SAS Cabin Crew in SAS Elev og lærling i SAS CONTACT Customer contact Media contacts Investor relations contacts Sustainability contacts Supplier information Usage of cookies Terms and conditions for use of SAS website Like us #flysas Follow @SAS Follow us Subscribe to SAS SAS 2020 SAS AB, registration number 556606-8499, SE-195 87 Stockholm, Sweden Book a trip with SAS Contacts | SAS Cargo Usage of cookies Terms and conditions We at SAS use cookies to optimize our websites for your needs. By accepting you consent to cookies being used. If you want to find out more or disable cookies, please click here ACCEPT ALL COOKIES