The Executive Board is appointed by the Board of Directors, which also lays down the relevant terms of employment.
The Executive Board is responsible for the day-to-day management of Ambu, including the development of its activities, operations, earnings and its internal affairs. The Board of Directors assigns powers and responsibilities to the Executive Board in pursuance of the Board of Directors’ Order of Business and the provisions of the Danish Companies Act.
The Executive Board currently consists of two people: Lars Marcher, President and CEO, and Michael Højgaard, CFO. In addition, Ambu has an Executive Management Team which is responsible for sales, marketing, development, production, business development, finance and administration. The members of the Executive Management Team all operate under the title of Executive Vice President.