Corporate governance

Board of directors

Jörgen Olsson, chairman

Jörgen Olsson (Bachelor of Science in Business and Economics from Luleå University) has an extensive track record in building company culture, financing and profitable growth, e g as Chairman and CEO of Hoist Finance growing to 1,700 employees.

Not independent in relation to the company and management.

Elected Chairman of the Board at AGM 2020.

Holds 71,000,000 Copperstone shares (through JOHECO) and 9,700,944 warrants.

Michael Mattsson, Board member

Michael Mattsson, from Haparanda, Norrbotten, holds a MSc from Stockholm School of Economics. Michael has substantial experience in mergers and acquisitions (M&A), IPO, Rights- issues and Fund management from Enskilda Securities, Blackstone (New York) and Kaupthing. 

Not independent from the company, independent from large shareholders.

Elected Director at AGM 2015.

Holds 25,000,250 Copperstone shares and 7,600,000 warrants.

Markus Petäjäniemi, Board member and Deputy chairman of the board

Markus Petäjäniemi was born in 1959 and has over 15 years of experience from various management positions within LKAB and was a member of the group management of LKAB until March 2021. His most recent managerial role within LKAB was as Senior Vice President Market & Technology and was thus responsible for sales and marketing of LKAB iron ore products and R&D, with a focus on development and innovation to create LKABS ‘future sustainable energy and production systems. He has also been chairman of the board of LKAB Malmtrafik AB and LKAB Norge AS, both owned 100% by LKAB and a board member of Hybrit Development AB and MEFOR.

Independent from the company and its management and large shareholders.

Elected Director at EGM 2021.

Holds 100,000 Copperstone shares and 2,000,000 warrants (through Lemape AB).

Jane Lundgren Eriksson, Board member

Jane Lundgren Ericsson (Master of Laws from Stockholm University and Master of Laws from University of London) has more than 20 years of experience from the financial and capital markets, and from leading positions within Swedish Export Credit Corporation (SEK), e g as a former Head of SEK’s customer and lending operations and a Member of the Executive Management. Jane is a Member of the Board of Directors in SBAB Bank since 2013 and a Member of the Board of Directors of AB Sveriges Säkerställda Obligationer (publ), CEO at Visma Finance AB, a Member of the Board of Directors at Miskatonic Ventures Aktiebolag and a Member of the Board of Director at Ineytt AB.

Independent from the company and its management and large shareholders.

Elected Director at AGM 2020.

Holds 5,417,454 warrants.

Sven-Erik Bucht, Board member

Sven-Erik Bucht is presently an entrepreneur and served as the Minister of Rural Affairs in the Swedish Government between 2014-2019, served as a member of the Swedish Parliament between 2010-2019 and as the Mayor of Haparanda between 2003-2010. In addition, he has been the Chairman and CEO of several companies. Sven-Erik is a Member of the Board at Infranord AB and at the Swedish Pensions Agency. 

Independent from the company and its management and large shareholders.

Elected Director at AGM 2019.

Holds 1,137,581 Copperstone shares and 3,417,454 warrants.

Lars Seiz, Board member

Lars Seiz was born in 1960 and has a master’s degree in finance and marketing from Uppsala University. He has over 30 years of experience from the financial sector with leading positions within SEB and the Second AP Fund (Sw. Andra AP-fonden). Lars also has experience from a number of board assignments and is currently a board member of, among others, Handelsbanken Fonder AB. In recent years, he has also been involved in founding a number of companies in various industries, where he currently acts as an advisor in financing and corporate affairs. 

Independent from the company and its management and large shareholders. 

Elected Director at EGM 2020. 

Holds 3,500,000 Copperstone shares and 5,280,000 warrants.

Ing-Marie Andersson Drugge, Board member

Ing-Marie Andersson Drugge is currently Plant manager at Munters, a global leading company in innovative, energy-efficient and sustainable climate solutions for business-critical processes where control of temperature and humidity is business-critical. She also has extensive experience in the mining and construction industry and held leading positions at BillerudKorsnäs, Boliden and Outokumpu. Ing-Marie grew up in Malmberget and has a master’s degree in metallurgy and materials science from Luleå University.
Independent from the company and its management and major owners.

Elected board member at the 2022 AGM.

Holds 500,000 warrants.