The Management Team
Rolv Erik Ryssdal
Chief Executive Officer
Chief Financial Officer
CEO Adevinta France/CEO at leboncoin Group
CEO Adevinta Spain
SVP People & Communications
Adevinta Chief Product & Technology Officer
SVP Global Markets & Ventures
Kristin Skogen Lund
According to corporate law, the Board is responsible for the overall management of the company, while the CEO is responsible for the day-to-day management. The Board has also established an audit and risk committee and a remuneration committee.
The role of the Board is to supervise the day-to-day management as carried out by the CEO and Adevinta’s general activities and ensure that appropriate management and control systems are in place. The Board appoints the CEO and stipulates the job instructions, powers of attorney and terms and conditions of employment for the CEO.
The Board has established internal rules of procedures that describe its responsibility, duties and administrative procedures. The rules of procedure also describe the duties of the CEO and his/her duties vis-à-vis the Board. The Board performs an annual self-assessment of its work which forms the basis for the nomination committee’s annual evaluation of the Board’s work.
The Articles of association define that the Board shall comprise from six to eleven members, in addition to deputy members. The Group’s employees shall be represented on the Board by the number of representatives in accordance with current agreements with the company. As of today, the Board consists of six shareholder-elected members whereas.. The Board’s shareholder-elected members are elected for two year terms.