The Foundation follows the Recommendations on Foundation Governance, which are available on the website of the Committee on Foundation Governance.

The forms detailing the governance of the EAC Foundation, following these recommendations, are listed below (in Danish):

Transparency and communication. We encourage open communication with our surroundings and the projects in which we are involved. Chairman of the Board is the Foundation’s official spokesperson.

Responsibilities of the Board. The Foundation is led by a self-elected board consisting of five members, elected for a three-year period. Retirement age of board members is 75. For members elected after 2018, the maximum term that can be served on the board is nine years. The work of the Foundation and the board is formulated according to internal Rules of Procedure.

The following information is provided concerning members of the board:

Remuneration of the Board. The remuneration of the board is a fixed amount unrelated to the annual financial result of the Foundation. Individual board member fees are disclosed in note 3 to the 2018 audited account.

Board members

 Ove UllerupHenning Kruse PetersenKenneth P. LucianoMartin Jes IversenThomas Thune Andersen
Born19511947195519721955
GenderMaleMaleMaleMaleMale
Joined Board20152005201620192021
Re-electedYesYesYesNoYes
Period untilEnd 2023End 2021End 2021End 2021End 2023
IndependentYesYesYesYesYes