Chief Executive Officer

The Managing Director of the company, who is also CEO of the Group, is appointed by the Board of Directors.

Peter Åsberg is the CEO and is responsible for the on-going management in accordance with the Board's guidelines and instructions. In consultation with the Chairman of the Board, the CEO prepares the information the Board needs to conduct its work, presents matters and proposals for decision and keeps the Board informed of th company's development.

The CEO leads the work of Group Management and makes decisions in consultation with other members of the Group Management.

Instructions for the CEO

The Boards adopts written instructions for the work of the Managing Director that, among other things, clarify responsibilities for day-to-day management, the division of duties between the Board and the CEO, as well as the cooperation with and the information to the Board.

Evaluation of the CEO

The board continuously evaluates the CEO's work and expertise. Once a year, an assesment is made without his presence.

Peter Åsberg

CEO and Managing Director since December 2007

Born: 1966. Education: Graduate in business administration and economics

Board member of Svens Egenvård (The Swedish Self-care Organization). Peter was previously CEO of Cloetta Fazer Sweden and has held various positions in Procter & Gamble and Coca Cola.

Shareholding: 115,968 B shares, 100,000 warrants and 100,000 call options*

*Shareholder Stena Adactum issued in June 2015 100,000 call options with their own holding of Midsona shares as guarantee. The Midsona Group is not a party to the transaction and future redemptions of the call options will not affect the financial position and performance of the Group.