Operational Business

  

Management and Corporate Culture  

The Chief Executive Officer is responsible for Beijer Electronics’ ongoing administration, which covers all matters that are not reserved for the Board and administered by management. Instructions approved by the Board of Directors formalize the Chief Executive Officer’s authorization to make decisions regarding investments, company acquisitions and divestments and finance matters. Group management consists of the Chief Executive Officer, the three Business Area Managers, one Asia Director, the CFO, and HR and Business Development Managers.

Group management meetings are held monthly to discuss the group’s strategic and operational progress and to monitor results of operations. For more information on the members of group management, see Senior Executives.

 

Business Areas  

Beijer Electronics’ operations are organized into three business areas. The group has a decentralized corporate culture, where the management of operating activities is largely exercised by the management of each business area. The Managers of each Business Area are members of group management and are responsible for the results of operations and balance sheets of their business areas. External reporting of the group's operations is divided into the following three business areas: Automation, HMI Products and IDC.