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Vestjysk Bank A/S (VJBA.CO)

VJBA.CO on Copenhagen Stock Exchange

14.90DKK
28 Apr 2017
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Summary

Name Age Since Current Position

Vagn Thorsager

69 2014 Chairman of the Board

Jan Ulsoe Madsen

57 2015 Chief Executive Officer, Member of the Executive Board

Lars Holst

65 2014 Independent Deputy Chairman of the Board

Michael Nelander Petersen

54 2015 Managing Director, Member of the Executive Board

Anders Bech

70 2014 Director

Palle Hoffmann

45 2011 Director, Employee Representative

Jacob Moellgaard

41 2013 Director, Employee Representative

Malene Roenoe

46 2011 Director, Employee Representative

Karina Boldsen

49 2015 Independent Director

Jens Christensen

67 2016 Independent Director

Bent Simonsen

56 2013 Independent Director

Biographies

Name Description

Vagn Thorsager

Mr. Vagn Thorsager has been Chairman of the Board of Directors of Vestjysk Bank A/S since March 25, 2014. He is also Chairman of the Board of Directors’ compensation committee, nomination committee and risk committee and member of the Board’s audit committee. He was previously Chief Executive Officer and Member of the Executive Board of the Company from September 25, 2012. He is also Chairman of the boards of FP Aluglas A/S and Cetonia A/S and board member of BKG Finans A/S and CPU af 11/11 1986 A/S. He has held several senior positions in Nordea and, in recent years, was the Scandinavian Head of global Coface group. He was CEO of Aarhus Lokalbank A/S from 2011. He holds a Bachelor of Commerce degree in Finance.

Jan Ulsoe Madsen

Mr. Jan Ulsoe Madsen has been appointed Chief Executive Officer and Member of the Executive Board of Vestjysk Bank A/S, effective as of February 1, 2015. He has from 2011 been Country Manager in BankNordik. Prior to this, Jan Ulsoe Madsen had a career in Danske Bank Group where he has held a number of executive positions, including the position of Regional Manager of Danske Bank, Region Jutland East, in Aarhus.

Lars Holst

Mr. Lars Holst has been Independent Deputy Chairman of the Board at Vestjysk Bank A/S since March 25, 2014. He is Member of the Board of Directors’ compensation committee, nomination committee, audit committee and risk committee. He is also Board Member of Vaekstfonden, Groenlandsbanken and Arkitektgruppen A/S.

Michael Nelander Petersen

Mr. Michael Nelander Petersen has been Member of the Executive Board and Managing Director at Vestjysk Bank A/S since February 1, 2015. He no longer serves as Interim Chief Executive Officer and Member of the Executive Board of the Company, effective as of February 1, 2015. He has held this position since March 25, 2014. He was Member of the Executive Board and Managing Director at the Company from September 25, 2012 until March 25, 2014. He was previously Head of Staff at the Company. He has held senior positions in the areas of Information Technology (IT), economy, strategy and business development. He has also held several senior positions in the Danish business community. He is Board Member of BEC (Bankernes EDB Central). He holds a Master of Business Administration degree from Henley College.

Anders Bech

Mr. Anders Bech has been Member of the Board of Directors of Vestjysk Bank A/S since 1997. He was Vice Chairman of the Company's Board from 2012 until January 11, 2013 and from February 19, 2013 until 2014. He was Chairman of the Company's Board from January 11, 2013 until February 19, 2013. He was previously Independent Chairman of the Board of Directors of the Company from 2002 until 2012. He was Independent Member of the Board of Directors of the Company from 1997 until 2002. He was also Chairman of the Company's Nomination Committee and Remuneration Committee. He has also been CEO of Kaj Bech Holding A/S and one subsidiary, board member of Kaj Bech Holding A/S and one subsidiary and Fonden Noerre Vosborg and chairman of the board of Ejendomsselskabet Doktorvaenget A/S.

Palle Hoffmann

Mr. Palle Hoffmann has been Employee Representative on the Board of Directors of Vestjysk Bank A/S since 2011. He is also Member of the Board of Directors’ risk committee. He is Director of Agricultural Center.

Jacob Moellgaard

Mr. Jacob Moellgaard has been Director, Employee Representative at Vestjysk Bank A/S since 2013. He is also Member of the Board of Directors’ compensation committee. He is Development Employee. He is also Vice Chairman of the Financial Services Union Denmark, district West.

Malene Roenoe

Ms. Malene Roenoe has served as Employee Representative on the Board of Directors of Vestjysk Bank A/S since 2011. She is Member of the Board of Directors’ audit committee. She is a Business Account Manager.

Karina Boldsen

Ms. Karina Boldsen has been Independent Member of the Board of Directors of Vestjysk Bank A/S since April 1, 2015. She is also Chief Commercial Officer of Solitwork, partner of the consultancy firm of Boldsen & Lindhardt Board Advice, chairman of the board of Aarhus Business College, Arne Elkjaer Raadgivende Ingenioerer A/S and BOAS Specialister ApS, as well as board member of WAD LandskabsarkitekterA/S and Erhverv Aarhus.

Jens Christensen

Mr. Jens Erik Christensen has been Independent Director at VESTJYSK BANK A/S since April 1, 2016. He also serves as Member of the Management of Sapere Aude ApS, Chairman of the Board of Dansk Merchant Capital A/S and subsidiary, Nordic Corporate Investments A/S, Ecsact A/S, Alpha Hol-ding A/S and board member in two subsidiaries, Mediaxes A/S, Behandlingsvejviseren A/S, Skandia Link Livsforsikring A/S, TIP ApS, Skandia A/S and Skandia Asset Management Fondsmaeglerselskab A/S, Vice Chairman of Prime Office A/S and Hugin Expert A/S, as well as Board Member of Andersen og Martini A/S and subsidiary, Helsemin A/S, P/F NordikLiv Livstryggingarfelag and P/F Trygd.

Bent Simonsen

Mr. Bent Simonsen has been Independent Director at Vestjysk Bank A/S since March 26, 2013. He is also Chairman of the Board of Directors’ audit committee and member of the risk committee. He has also been Executive Vice President of Det danske Hedeselskab and Dalgasgroup A/S, CEO of Enricom A/S, board member of HedeDanmark A/S, Orbicon A/S and one subsidiary, Enricom A/S, DDH Forest Baltic A/S and one subsidiary, A/S Jydsk Landvinding, Enricom Sp. zo.o. (Poland), JCCJS Rindibel (Belarus), Plantningsselskabet Steen Blicher A/S, Blaa Biomasse A/S, Servostyring IVS and A/S Plantningsselskabet Soenderjylland.

Basic Compensation

Name Fiscal Year Total

Vagn Thorsager

300,000

Jan Ulsoe Madsen

3,437,000

Lars Holst

250,000

Michael Nelander Petersen

2,713,000

Anders Bech

150,000

Palle Hoffmann

150,000

Jacob Moellgaard

150,000

Malene Roenoe

150,000

Karina Boldsen

150,000

Jens Christensen

112,000

Bent Simonsen

200,000
As Of  30 Dec 2016