Executive Board
Scandinavian Tobacco Group has a two-tier management structure consisting of the Board of Directors and the Executive Management. The two governing bodies are independent of one another and have no overlapping members. The Board of Directors appoints the CEO and other members of the Executive Management. The Executive Management prepares for the Board of Director’s approval and implements the Group’s overall strategy. The Executive Management is responsible for the day-to-day management of the business. The Executive Management, i.e. the formally registered management of the company, consists of the CEO and the CFO. The day-to-day operation of the company is managed by a wider group, namely the Executive Board.
NIELS FREDERIKSEN
CEO
MARIANNE RØRSLEV BOCK
EXECUTIVE VICE PRESIDENT AND CFO
RÉGIS BROERSMA
CHIEF COMMERCIAL OFFICER
YULIA LYUSINA
SENIOR VICE PRESIDENT, STRATEGY , TRANSFORMATION & SUSTAINABILITY
Jesper Madsen
CHIEF SUPPLY CHAIN OFFICER
Thomas Kolber
Chief Human Resources Officer
Gender Balance in Management
At the end of 2025, two of six (33.3%) of the shareholder-elected and one of three (33.3%) of the employee-elected members of the Board of Directors were female. With respect to the Danish Gender Balance Act this constitutes equal distribution of genders. In the Executive Management the gender distribution was one female and one male (50% to 50% split). Within the other management levels, as defined in the Danish Companies Act, at the end of 2025 there were four females and nine males (30.8% to 69.2% split)*. The Board of Directors has set a target of 30.8% of the underrepresented gender for other management levels to be reached by 30 June 2026. During 2025 to further enhance equal gender balance especially in leadership positions, and in accordance with the Company’s policy on Employee Belonging, there has been a focus on setting specific targets for gender representation at senior leadership level, applying unbiased recruitment and promotion practices, ensuring equal pay for equal work through global job architecture and job grading infrastructure and providing flexible work arrangements to support work-life balance for all employees. By focusing on these initiatives, we aim to create an environment where all employees, regardless of gender, have equal opportunities for career development and leadership roles. This commitment to gender representation is not just about fairness; it's about leveraging the full potential of our talent pool to drive innovation and success.
* Other management levels only include management positions in Scandinavian Tobacco Group A/S with managerial responsibilities for employees of Scandinavian Tobacco Group A/S.
