Did you know that Danish C25 boards are gradually diversifying, with more non-Danes in 2020 vs the past?
Still, some companies have only or a majority Danish on the board – possibly not the best recipe if the company has most of its sales outside Denmark ?
See the statistics from Leadership Advisor Group’s research in the attached PDF.
There are huge differences in the % of non-Danes (foreigners) on the boards of the Danish
While GN Store Nord currently has no Danes on the board, 4 companies Ambu, Coloplast,
Jyske Bank and Demant had ONLY Danes on the board during the period of 2018-2020.
Good progress toward diversifying nationality is being made, however. Fifteen companies
have at least 50% non-Danes, and ten show increases in the % non-Danish over the three
years. Still, some companies have only or a majority Danish on the board.