Board Member — Technology & Capital Allocation
Sweden·Industrial Manufacturing·Industrial & Precision Manufacturing·Posted 11 July 2026
Nasdaq Stockholm large-cap industrial group
The problem this seat exists to solve
The nomination committee — constituted by the four largest owners — has identified capital allocation and digital operating models as the board's two thinnest areas, and is preparing its proposal for the annual general meeting.
The remit
- Bring direct experience of capital allocation and portfolio decisions to a globally exposed industrial board
- Contribute to the board's oversight of a multi-year digital operating-model programme
- Serve on the audit committee
- Work alongside employee directors, who receive the same board papers
What the sponsor will not compromise on
- Former CEO, CFO or group strategy lead who has executed disposals or a capital-return programme
- Industrial or engineering experience at international scale
- Independence of the company and, for at least two directors, of the major shareholders
- English is the working language of this board
Terms
- Engagement
- One-year term — Swedish directors are elected individually and annually.
- Compensation
- SEK 750,000 – 950,000 a year including audit-committee fee, resolved by the AGM.
- Cross-border
- The board retains its EEA-resident majority, so a non-EEA appointment is available. Approach the nomination committee rather than the chair — its members are published ahead of the AGM.
- Time commitment in this market
- Typically 8–11 board meetings a year plus committees and a strategy session; Swedish boards meet more often than the European average and read more.
Before you apply — Sweden
No nationality test applies to you. The board as a whole must keep half its members EEA-resident unless Bolagsverket has granted an exemption — a company-level test that a listed issuer normally satisfies well before it reaches an outside candidate.
- Residency test
- At least half the board resident within the EEA, subject to exemption by Bolagsverket. Non-EEA residents are common on Swedish boards where that half is satisfied.
- Nationality test
- None.
- Work authorisation
- A non-executive director attending board meetings requires no work permit. Executive roles for non-EU/EEA nationals require a work permit through Migrationsverket.
- Tenure limit once appointed
- No fixed cap. Because directors are elected annually and the nomination committee is reconstituted from the current largest shareholders each year, refresh is driven by ownership change rather than by a tenure clock.
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