Management and board of directors
Solar’s governance system consists of two tiers. The Board of Directors is tier one and the Executive Board is tier two. Together they are our administrative, management and supervisory bodies.
The Board of Directors comprises seven members elected by the Annual General Meeting and three members elected by the employees. The ten members of the Board of Directors are the non-executive members of the administrative, management and supervisory bodies. All board members elected at the Annual General Meeting stand for election each year, whereas employee representatives are elected by the company’s employees for four-year terms.
The Executive Board comprises the CEO and CFO, who are the two executive members of the administrative, management and supervisory bodies.
The relevant experience of the ten members of the Board of Directors is described further down below.
For more information, see our latest annual report.
Executive Board
CEO
Jens E. Andersen
Born in 1968. Joined Solar in 1998.
Experience Graduate Diploma in Business Administration (Financial and Management Accounting). Experience as CEO in International and Danish companies together with experience within strategy, leadership, and transformation of organisations. In-depth knowledge of the European Wholesale industry.
Board duties Chair of the boards of directors of 7 Solar Group subsidiaries. Member of the board of directors of VELTEK.
Shares Holds 10,664 Solar B shares. Did not trade Solar shares in 2025. Holds 3,650 restricted share units and 23,149 performance share units. 13,752 performance share units were granted in 2025. 85 restricted share units were granted and 3,089 were settled in 2025.
CFO
Michael H. Jeppesen
Born in 1966. Joined Solar in 2000.
Experience Master of science in Business Economics and Auditing (1990), State Authorised Public Accountant, E-MBA, certified sustainability accountant. Experience within strategy, financing, digitalisation, mergers & acquisitions, and investor relations together with in-depth knowledge on reporting (IFRS/CSRD) for listed companies.
Board duties Member of the boards of directors of all Solar Group subsidiaries. Member of the board of directors of Aktieselskabet Sønder Omme Plantage.
Shares Holds 4,080 Solar B shares. Did not trade Solar shares in 2025. Holds 2,037 restricted share units and 13,891 performance share units. 8,252 performance share units were granted in 2025. 47 restricted share units were granted and 1,730 were settled in 2025.
Board of Directors
Overall, the Board of Directors must comprise the following expertise to enable it to perform its management duties:
Experience of board of directors' work
Top-level management experience
International experience
Knowledge of the circumstances of listed companies
Knowledge of supply chain, sourcing and services
Knowledge and experience of digitalisation
Knowledge and experience of sustainability and green transition
Economic and financial knowledge
Experience of acquisitions and divestments
Experience of strategic and business development