| Occupation |
CFO, Mars Incorporated |
Sex |
M |
| First elected |
2011 |
Year of birth |
1967 |
| Mandate expires |
2029 |
Re-elected |
No |
| Election |
Claus Aagaard was elected as an external member by the Board of Directors |
| Grundfos Shareholder |
Yes |
| Special competencies |
Management and leadership
- Extensive, global leadership experience
Economy and finance
- More than 20 years experience as CFO of large units or companies with experience in strategy, capital allocation, M&A, risk management and controls, general finance and accounting activities
Charitable donations
- Bread for the City is a receiver of charitable donations – gained understanding of impact donations
- Member of the board of the Mars Impact fund – a fund dedicated to boosting progress in areas relevant to the business of Mars Incorporated
|
| Other managerial positions or positions of trust |
- Officer and member of the Executive Board of Mars, Incorporated, USA, and 7 wholly owned subsidiaries
- Member of the Board of Directors of Bread for the City Inc (DC based non-profit caring for impoverished people in the DC area)
|
| Independence |
Claus Aagaard does not meet the independence criteria as defined by the Danish Committee for Good Foundation Governance for the following reasons:
- Is a shareholder in the Grundfos Group
- Double membership of the Board of Grundfos Holding A/S and the Board of the Poul Due Jensen Foundation
|
