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Board of Directors and Management

The Lundbeck Foundation is headed by the 11 members of its board of directors.

Seven of the board members are elected according to the Foundation's statutes. Thus, their number and skills are defined in the statutes. The remaining four members are employee-elected. This means that they are elected from the staff of the three subsidiaries that are the Foundation’s long-term ownerships.

BOARD OF DIRECTORS

LEADERSHIP TEAM

The board of directors is responsible for

 

    Defining the foundation’s strategy and making decisions on issues of great significance or an unusual nature Making final decisions on allocation of grants based on recommendations by the evaluation panels Monitoring the organisation and ensuring that the foundation is properly run, according to legislation and Articles of Association in force from time to time, and Appointing the foundation’s CEO.

Read more about the board's work, appointment of board members, fees, etc. under the section governance.

Management's responsibilities


The Lundbeck Foundation’s CEO is in charge of daily operations and management, assisted by the management team. It involves implementing the board's decisions, following up on the foundation's activities and ensuring that the board has a qualified basis on which to make decisions.