We are committed to recognize general principles aimed at ensuring good corporate governance. Take a look at our approach to corporate governance.
Icelandic law and the company’s corporate governance framework determine the duties of the various bodies within the company. They define and dictate how the company is governed and controlled – including the interaction between the CEO, who is responsible for day-to-day management, the Board of Directors, shareholders, regulators, and other stakeholders. Marel is committed to recognized general principles aimed at ensuring good corporate governance.
Marel’s corporate governance consists of a framework of principles and rules, including its Articles of Association and the Guidelines on Corporate Governance issued by the Iceland Chamber of Commerce, Nasdaq Iceland and the Confederation of Icelandic Employers.
Meet Marel’s executive team and board of directors, and learn more about the colleagues leading Marel's strategy and strong brand around the world.
Board composition and committees
A major share of the Board’s work is carried out in its sub-committees, the Remuneration Committee, the Audit Committee and the newly established Nomination Committee. Sub-committee members are appointed by the Board of Directors for a term of one year, in accordance with the rules set for each sub-committee by the Board.
Marel's articles of association, code of conduct, rules of procedure, and policies.
Effective risk management is the key to Marel’s sustainability and underpins the company’s long-term relationship with its customers and other stakeholders.
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