Vestas Wind Systems A/S has a two-tier management system in which the Board of Directors and the Executive Management are responsible for managing the company’s affairs.
Vestas’ Board of Directors consists of:
- Eight external members with broad international experience
- Four employee representatives
The eight external members are elected at the general meeting for one year at a time, while the employee representatives are elected by and among the company’s employees for four years at a time.
Under Danish law, employees have the right to elect a number of representatives equivalent to half of the representatives elected by the general meeting at the time when the election of employee representatives is called.
The most recent ordinary election of employee representatives took place in 2007/08. As a rule, all employees are eligible for election, but this does not apply to members of the Executive Management and employees whose permanent workplace is outside Denmark. In accordance with the legislation, employee representatives have the same rights, duties and responsibilities as the other members of the Board.