Management and governance

The management team is led by Michel Jumeau. The board has nine members, three of whom are elected by the employees. Meet them here.

Management

Tdc Net Nmt Michel Jumeau Portraet Low

Michel Jumeau

Chief Executive Officer

Michel Jumeau Chief Executive Officer
Tdc Net Nmt Michel Jumeau Portraet Low
  • Born 1972
  • Appointed in 2022
  • Chairman of the board of directors of DK TV A/S
  • MSc, Engineering, Télécom Paristech
2023 01 05 TDC NET 0026 Henrik Brandt

Henrik Brandt

Chief Financial Officer

Henrik Brandt Chief Financial Officer
2023 01 05 TDC NET 0026 Henrik Brandt

• Born in 1981
• Appointed in 2023
• Member of Board of Directors in DK TV A/S
• Member of Board of Directors in Fiberkysten
• Master in Management Accounting and Information Technology

2023 11 21 TDC NET Portrait 0876 Selina Lomholdt

Selina Lomholdt

Chief Human Resource Officer

Selina Lomholdt Chief Human Resource Officer
2023 11 21 TDC NET Portrait 0876 Selina Lomholdt

• Born in 1968
• Appointed in 2023
• AP Degree, HRM & Organizational Development, KEA, Technical University College

2021 13 09 TDC NET Ledelse 0357 Robert Dogonowski

Robert Dogonowski

CCO, Head of Commercial & Partners

Robert Dogonowski CCO, Head of Commercial & Partners
2021 13 09 TDC NET Ledelse 0357 Robert Dogonowski
  • Born 1972
  • Appointed in 2019
  • Member of the Board of Directors of DK TV A/S
  • PhD, Economics, Aarhus University, Denmark
  • MSc, Economics, London School of Economics, UK
  • MSc, Economics, Aarhus University, Denmark
  • BSc, Economics, University of Copenhagen, Denmark

2021 13 09 Tdc Net Jakob 0479 Web

Jakob Dirksen

Chief Technology Officer

Jakob Dirksen Chief Technology Officer
2021 13 09 Tdc Net Jakob 0479 Web
  • Born 1986
  • Appointed in 2019
  • Member of the Board of Directors of Comply Cloud
  • MSc, Industrial Mathematics, Technical University of Denmark, Denmark
  • BSc, Mathematical Modelling and Technology, Technical University of Denmark, Denmark
2023 11 21 TDC NET Portrait 0300 Campbell Fraser

Campbell Fraser

Chief Information Officer

Campbell Fraser Chief Information Officer
2023 11 21 TDC NET Portrait 0300 Campbell Fraser
  • Born in 1967
  • Appointed in 2023
  • 2007 – 2009 Waikato University Post Graduate Certificate in Business Studies
  • 1993 – 1994 Stow College, Cowcadens, Glasgow SCOTEC Module in Multi User System Support (HP UNIX) SCOTEC Module in System Administration Novell Netware
  • 1984 – 1986 Cardonald College, Cardonald, Glasgow SCOTEC Diploma in Electrical and Electronic Engineering
2023 11 21 TDC NET Portrait Torben Svejgaard

Torben Svejgaard

Head of Delivery & Field Service

Torben Svejgaard Head of Delivery & Field Service
2023 11 21 TDC NET Portrait Torben Svejgaard
  • Born 1964
  • Appointed in 2023
  • Member of the Board of Directors of DK TV A/S
  • Academy Merconomist in Administration & IT
  • DBA, Business Administration & Leadership, The Wharton School & Copenhagen Business School
Portraet Angelos Cacouros 0240 Hvid Web 2024 01 25

Angelos Cacouros

Head of Strategy & Programme Office

Angelos Cacouros Head of Strategy & Programme Office
Portraet Angelos Cacouros 0240 Hvid Web 2024 01 25
  • Born in 1990
  • Appointed in 2024
  • Engineering, Ecole Centrale, Paris
  • MSc, Finance & Economics, London School of Economics and Political Science, London
Tdc Net Chistian Flohlich Low

Christian Fröhlich

Head of Legal & Regulatory

Christian Fröhlich Head of Legal & Regulatory
Tdc Net Chistian Flohlich Low
  • Born in 1973

  • Appointed in 2022

  • Member of the Board of Directirs of Hornbæk Fjernvarme
  • Diploma, Management, Copenhagen Business Academy, Denmark

  • Attorney appointment

  • MSc, Jura, Københavns Universitet, Danmark

Board of Directors

2021 11 26 TDC NET BESTYR Henrik Clausen 0056

Henrik Clausen

Chairman of the Board

Henrik Clausen Chairman of the Board
2021 11 26 TDC NET BESTYR Henrik Clausen 0056
  • Chairman of the Board of Directors at TDC NET since February 2020
  • Member of the Compensation and Nomination Committee, Audit Committee and Health and Safety Committee
  • Additional posts: Member of the board of directors at Technical University of Denmark
  • Degree in Civil Engineering from the Technical University of Denmark
  • MSc, Business Administration, INSEAD, Paris
2021 11 26 TDC NET BESTYR Frank Hyldmar 0040

Frank Hyldmar

Vice Chairman of the Board

Frank Hyldmar Vice Chairman of the Board
2021 11 26 TDC NET BESTYR Frank Hyldmar 0040
  • Vice Chairman of the Board of Directors at TDC NET since December 2021
  • Chairman of the Compensation and Nomination Committee, Chairman of the Health and Safety Committee
  • CEO at Currenta
  • Additional posts: Member of the board of directors at YIT Oyj
  • MSc, Economics from Copenhagen Business School, Copenhagen

2021 11 26 Tdc Net Bestyr Gabriela Styf Sjoeman 0029 Copy

Gabriela Styf Sjöman

Member of the Board of Directors

Gabriela Styf Sjöman Member of the Board of Directors
2021 11 26 Tdc Net Bestyr Gabriela Styf Sjoeman 0029 Copy
  • A member of the Board of Directors at TDC NET since December 2021
  • Additional posts: Member of the Board of Directors in Buy1Give Pte Ltd (B1G1)
  • Member of the Board of Directors at Global Legal Entity Identifier Foundation (GLEIF)
  • MSc, Business Administration from University of Durham, UK
2021 11 26 TDC NET BESTYR Geoff Shakespeare 0008

Geoff Shakespeare

Member of the Board of Directors

Geoff Shakespeare Member of the Board of Directors
2021 11 26 TDC NET BESTYR Geoff Shakespeare 0008
  • A member of the Board of Directors at TDC NET since December 2021
  • COO at National Broadband Ireland
  • Managing Directors at Shakespeare Advisory Ltd and Shakespeare Telecommunication Ltd.
  • Additional post: Member of the board at eCar Ltd
  • BSc, Engineering, Fellow of Institute of Engineers, Ireland
Tdc Net Bestyr Natalia Akst Low

Natalia Axt

Member of the Board of Directors

Natalia Axt Member of the Board of Directors
Tdc Net Bestyr Natalia Akst Low
  • A member of the Board of Directors at TDC NET since April 2022
  • Member of the Health and Safety Committee and member of the Compensation and Nomination Committee and Audit Committee
  • Managing Director at Macquarie Asset Management
  • MSc, Financial Economics, University of Oxford, Oxford, UK
  • BSc, Economics, University of London, London, UK
2023 11 21 TDC NET Portrait Susanne Juhl

Susanne Juhl

Member of the Board of Directors

Susanne Juhl Member of the Board of Directors
2023 11 21 TDC NET Portrait Susanne Juhl
  • Member of TDC NET’s Board of Directors since March 2023
    Chairman of the Audit Committee
  • Additional posts: Member of the Board of Director in HOFOR A/S, BIOFOS A/S, M. J Eriksson A/S, Evida A/S, Technical University of Denmark, A/S Politiken Holding and Politiken Fonden.
  • Master’s degree in Public Administration and Public Policy from London School of Economics and Political Science, UK
  • Master’s degree in Political Science from Aarhus University, Denmark
  • Executive MBA from Imperial College Business School, UK
TDC NET BESTYR Pernille Bloch Low

Pernille Bloch

Member of the Board of Directors

Pernille Bloch Member of the Board of Directors
TDC NET BESTYR Pernille Bloch Low
  • Employee elected board member of TDC NET since March 2023
  • Shift Supervisor in TDC NET
  • Diploma in commerce (in Danish: merkonom).
2021 11 26 TDC NET BESTYR Ole Moelgaard 0059

Ole Mølgaard Andersen

Member of the Board of Directors

Ole Mølgaard Andersen Member of the Board of Directors
2021 11 26 TDC NET BESTYR Ole Moelgaard 0059
  • Employee elected board member of TDC NET since September 2019
  • Service technician within the TDC NET
  • Secretary in Dansk Metal Tele Vest
  • Degree in locksmithing, Aalborg Technical School, Denmark
2021 11 26 TDC NET BESTYR Svend Bank Andreasen 0070

Svend Bank Andreasen

Member of the Board of Directors

Svend Bank Andreasen Member of the Board of Directors
2021 11 26 TDC NET BESTYR Svend Bank Andreasen 0070
  • Employee elected board member of TDC NET since September 2019
  • Senior project manager in TDC NET
  • MSc, Fibre Optics and Electromagnetics, Technical University of Denmark, Denmark

Corporate governance

In accordance with Danish legislation, TDC NET has a two-tier management structure consisting of the Board of Directors and the Executive Committee. The Board of Directors is responsible for the overall management of the company and for appointing a competent Executive Committee. The Executive Committee is responsible for the day-to-day management of the company. The responsibilities and duties between the Board of Directors and the Executive Committee are clearly outlined and described in the Rules of Procedures for the Board and the Rules of Procedures for the Executive Committee respectively. TDC NET shareholders have the final authority of the company and exercise their rights at the Annual General Meeting, where they appoint the Board of Directors and the independent auditor and complete tasks such as approving the annual report. Rules on governance, including share capital, general meetings, shareholder decisions, election of members to the Board of Directors etc. are described in the Article of Associations which are available here.

Read more about the Board of Directors and the Board of Directors Sub-committees below.

Recommendations from the committee on Corporate Governance

As an advocate for transparency, TDC NET has chosen to publish a Corporate Governance Statement based on the recommendations in line with the “comply-or-explain” principal cf. section 107b of the Danish Financial Statements Act. The statement is based on the Good corporate governance recommendations from December 2020. Read more in the “comply-or-explain” statement

Board of Directors

TDC NET Board of Directors consists of 9 members, 6 elected by the General Meeting and 3 elected by the employees.

The board members elected by the General Meeting are up for election every year and may be re-elected. Pursuant to Danish legislation, TDC NET employees are entitled to representation on the Company’s Board of Directors in the form of employee elected board members equivalent to half of the total number of board members elected at the General Meeting. The employee elected board members are elected for a four-year period, and have the same rights, obligations and responsibilities as the board members elected by the General Meeting. The current employee representatives were elected to the Board of Directors in 2019 and their period will expire in 2023.

The Board of Directors believes that diversity in general strengthens the board and seeks to reflect this balance in the composition of the board. As part of the Board of Directors’ annual evaluation, the Board also assesses whether the board members have the required skills and experience or if members’ expertise should be updated in some respects.

In April 2022 the Board of Directors reached is objective that among board member elected by the General Meeting both genders shall be represented by at least 33% by the end of 2023, as the gender composition among the board members elected by the general meeting reached 4-2 members (67% vs 33%). By the composition the Board of Directors is no longer obliged to set a new objective, why the Board of Directors have chosen not to, however, the Board of Directors will keep their focus on a diverse Board.

Corporate Governance documents

Board Committees

The Board of Directors has established three Board Committees to assist the Board. Read more about the committees here:

Audit Committee

The Audit Committee was established on 8 December 2021 and will hold its first meeting in early 2022.

The Audit Committee assists TDC NET’s Board of Directors with a range of activities, including monitoring the financial reporting process, monitoring the efficiency of TDC NET’s internal control systems and internal audit and risk management systems regarding the financial reporting, monitoring the statutory audit of the annual report and monitoring and checking the independence of the auditor and recommending delivery of services other than auditing to TDC NET.

Further, the Audit Committee is responsible for the procedure for selection and nomination of TDC NET’s independent auditor for election at the Annual General Meeting (by proposal to the Board of Directors). The tasks of the Audit Committee are described in more detail in the Mandate and Charter for the Audit Committee.

The members of the Audit Committee are Martin Præstegaard (Chairman), Henrik Clausen and Natalia Axt. Martin Præstegaard possesses special qualifications in the field of accounting and auditing and the members as a whole have competencies relevant to the telecommunication industry.

Compensation and Nomination Committee

The Compensation and Nomination Committee was established on 8 December 2021 and will hold its first meeting in early 2022.

The Compensation and Nomination Committee approves remuneration and conditions of employment for members of TDC NET’s executive management team, as well as the framework for TDC NET’s incentive programmes, which involves setting targets for the annual bonus for members of the TDC NET executive management team and approving the payment of such bonus. In addition, the Compensation and Nomination Committee proposes to the Board of Directors the size of the Board of Directors’ fee which is approved at the General Meeting. Furthermore, the Committee assists the Board of Directors with activities including identification of and recommendation to the Board of Directors of candidates for the Board of Directors, recommendation to the Board of Directors of candidates for the TDC NET executive management team based on proposal from the Chief Executive Officer and bi-annual reviews of diversity in TDC NET. The Compensation and Nomination Committee’s tasks are described in more detail in the Compensation and Nomination Committee’s Mandate and Charter.

The members of the Compensation and Nomination Committee are Frank Hyldmar (Chairman), Henrik Clausen and Natalia Axt.

Health and Safety Committeet

The Health and Safety Committee was established on 8 December 2021 and will hold its first meeting in early 2022.

The Health and Safety Committee assists the Board of Directors with activities including overseeing the Health & Safety management systems and their application and reviewing of policies and strategies within the Health & Safety field. In addition, the Committee supports management in the development of their annual Health & Safety Management Plan, targets and supporting initiatives. The Health and Safety Committee’s task are described in more detail in the Health and Safety Committee Mandate and Charter.

The Committee is composed of Frank Hyldmar (Chairman), Henrik Clausen and Natalia Axt.

Composition of the Committees

Board member

Audit Committee

Compensation and Nomination Committee

Health and Safety Committee

Henrik Clausen

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Frank Hyldmar

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Natalia Axt

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Geoffrey Shakespeare

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Gabriela Styf Sjöman

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Susanne Juhl

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Ole Mølgaard Andersen

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Svend Bank Andreasen

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Pernille Bloch

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