Corporate governance
Corporate governance in Nordic Iron is based on Swedish legislation, the company's articles of association and internal instructions. The Swedish Code of Corporate Governance (the "Code") applies to Swedish limited liability companies whose shares are listed on a so-called regulated market and since Nordic Iron is not listed on a regulated market, the company is not obliged to apply the Code. However, the company chooses to apply selected parts of the Code.
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General Meeting of Shareholders
Articles of association
Management Board
Board of Directors
Management
Ronne Hamerslag
CEO
Born: 1969
Education: M.Sc in Metallurgy and Materials Technology, Royal Institute of Technology (KTH), Stockholm
Background: Ronne has previously held a managerial roles within Boliden’s raw materials supply and the procurement organization. Prior to that, he has held a number of operational and business leadership roles in international operations. Ronne also has experience from several start-up companies and board positions.
Other assignments: Board member of Svemin. Board member of the subsidiary Ludvika Gruvor AB. Board member of Mahvie Minerals AB. Board member of Manergize AB.
Ulf Kasshag
CFO
Born: 1959
Education: Bachelor of Science in business administration, University of Stockholm. Course IMD Business School.
Background: Ulf Kasshag has more than 35 years of working experience as auditor, controller, internal auditor and CFO from companies like Price Waterhouse, Learning Tree International, Borland International, EDS, StreamServe, Snow Software and Findity.
Other assignments: Senior advisor, Sakofall Fastigheter i Sverige AB and Betagenon AB.
Ylva Wård
Manager EHSQ & HR
Education: Certified in environmental and sustainability management, with specialist expertise in environment, occupational health and safety, as well as quality assurance.
Background: Ylva Wård has extensive experience as a leader in the environmental and sustainability sector, most recently serving as Environmental and Sustainability Manager at Engebø Rutile & Garnet, Nordic Mining, and previously at Sydvaranger AS. She possesses broad expertise in EHSQ, including policy development, regulatory compliance, stakeholder engagement, and the management of both personnel and consultants.
Magnus Lundin
Manager Technology & Projects
Born: 1967
Education: Technical High School, LEAN Six Sigma Black Belt, Operational Leadership (OPL)
Background: Magnus Lundin has extensive experience as a project manager and maintenance manager in the mining and steel industry. Magnus comes most recently from the role of Consultant Manager at Aenigma Bergslagen, combined with the role of Project Manager for Backfill and Ventilation at Boliden Garpenberg. Previously, Magnus has held a number of important roles at Outokumpu Avesta.
Johan Högnäs
Manager Geology
Education: Geologist with extensive experience in exploration, mine geology and mineral resource estimation.
Background: Johan Högnäs has many years of experience as a geologist and leader in the mining industry. He has previously served as Head of Exploration at Kaunis Iron AB and has also held several senior positions at Boliden Garpenberg and Northland Resources. At Nordic Iron, Johan is responsible for all geological activities, including exploration drilling, mine geology, prospecting, and mineral resource assessments.
Board of Directors
Bengt Nilsson
Chairman since June 2023
Born: 1961
Other assignments: Bengt has no other assignments.
Background: Bengt Nilsson has almost 30 years’ experience of management in the Swedish steel industry. Bengt has, among other positions, been CEO of Åkers Group and Managing Director of SSAB Oxelösund. Bengt has also been CEO of Edsbyn Senab which operates in the furniture- and interior design industry.
Independent in relation to the company, its management and major shareholders.
Holdings in the company: -
Tomas Olofsson
Board member since May 2017 (Deputy Board member 2014 - 2016)
Born: 1968
Other assignments: Managing director of Lemont AB, owner, partner and board member of Ludvika Holding AB, Grytänge Invest AB, Matojo AB, Fastighets AB Morgårdshammar, Datorama AB, Abacus Sales AB, A. Rentall AB and Mecapto AB plus Svanströms Lackeringar AB, Rondic Invest AB.
Background: Thomas Olofsson is an entrepreneur with 20 years of experience from the engineering industry. He has built and developed a number of industrial, staffing and real estate companies.
Independent in relation to the company and its management but not independent in relation to major shareholders.
Holdings in the company: 4,453,483 shares through companies.
Anders Bengtsson
Board Member
Born: -
Other assignments: -
Background: Partner in Bengtssons Tidnings Aktiebolag, invests in companies in mobile IT, mineral resources and mining, real estate and renewable energy.
MBA from Middlebury Institute of International Studies at Monterey, USA 20 years as CEO in small and medium-sized companies.
Independent in relation to the company and its management but not independent in relation to major shareholders.
Holdings in the company: 10,697,711
Gösta Bergman
Board member since August 2018
Born: 1950
Education: LL.B from Stockholm University
Other assignments: Chairman of the Board in OptiMobile AB and owner of Advokatfirman Bergman & Partners AB.
Background: Business Lawyer since 1978 with experience from companies including Ericsson, Unisys, Ovako Steel and as chairman of the board of Grängesberg Iron AB.
Independent of the company and its management and of major shareholders
Holdings in the company: -
Tobias Hansson
Board member since June 2023
Born: 1977
Other assignments: CEO of Hitachi Energy Sweden and Board member in Hitachi Energy Sweden, Teknikföretagen and Luleå University of Technology among others.
Background: Tobias has more than 20 years’ experience from different positions in ABB, most recently Senior Vice President, Power Transformers in Europe.
Independent in relation to the company's management and major shareholders, but not the company.
Holdings in the company: -
Pierre Heeroma
Board member
Born: -
Other assignments: -
Background: Over 20 years’ experience within the steel and metal industry with several renowned positions at leading companies including:
Currently Board director SSAB (Swedish Steel AB), Vanadis Battery Metals AB (Aura Energy), member of Expert Pool for Critical Raw Materials in European Commission and more.
Independent in relation to the company, its management and major shareholders.
Holdings in the company: -
Leon Davies
Board member
Born: -
Other assignments: -
Background: Over 15 years’ experience from the raw materialindustry including:
Currently Atlantic Customer Lead and Global Sustainability Lead, Cargill Metals, London Non-executive Director, Tacora Resources, Canada, Europe Commercial Lead, Cargill Metals, London and Head of Metallurigcal Coal, globalCOAL Ltd, London / Singapore
Independent in relation to the company and its management but not independent in relation to major shareholders.
Holdings in the company: -