Our governance and corporate structure align management and shareholder interests. DHT Holdings, Inc. is compliant with the Listing Standards of the New York Stock Exchange applicable to foreign private issuers. Our corporate governance practices do not significantly differ from those followed by U.S. companies listed on the New York Stock Exchange. Our management companies are owned by the parent company and there are no related party transactions with management and board.
All of our directors at the Board of Directors are independent. None of the Executive Officers are represented on the Board of Directors. The members of the Board of Directors are receiving a fixed compensation and a stock compensation.
The Board of Directors holds executive sessions on a regular basis.
The Board of Directors currently consists of the following members:
| Name | Position | Independent* | Born |
|---|---|---|---|
| Erik A. Lind | Class III Director and Chairman | Yes | 1955 |
| Einar Michael Steimler | Class II Director | Yes | 1948 |
| Joseph H. Pyne | Class II Director | Yes | 1947 |
| Jeremy Kramer | Class I Director | Yes | 1961 |
| Sophie Rossini | Class III Director | Yes | 1981 |
| Iman Hill | Class I Director | Yes | 1963 |
* According to SEC a “Independent Director” means a person other than an Executive Officer or employee of the Company or any other individual having a relationship which, in the opinion of the Company’s board of directors, would interfere with the exercise of independent judgment in carrying out the responsibilities of a director.
For 2019, 2020 and 2021, the Board of Directors had the following attendance:
| Attendance | Attendance | Attendance | ||
|---|---|---|---|---|
| Name | Position | 2019 | 2020 | 2021 |
| Erik A. Lind | Chairman | 8/8 | 9/9 | 11/11 |
| Einar Michael Steimler | Director | 8/8 | 9/9 | 11/11 |
| Joseph H. Pyne | Director | 8/8 | 9/9 | 11/11 |
| Jeremy Kramer | Director | 8/8 | 9/9 | 11/11 |
| Sophie Rossini | Director | – | 1/1 | 11/11 |
| Susan Reedy* | Director | 8/8 | 5/5 | – |
| Anders Onarheim* | Director | 7/7 | – | – |
| Total | 100% | 100% | 100% |
* No longer a board member
Senior management are compensated with a fixed remuneration, a discretionary bonus and a stock compensation plan of restricted common stocks that are subject to vesting conditions. This is described more in detail in the annual report (20-F).
Senior management currently consists of the following Executive Officers:
| Name | Position | Born |
|---|---|---|
| Svein Moxnes Harfjeld | President & Chief Executive Officer | 1964 |
| Laila Cecilie Halvorsen | Chief Financial Officer | 1974 |
Governance documents
Nominating and Corporate Governance Guidelines
Code of Business Conducts and Ethics
Antitrust, Competition & Fair-dealing Policy
Board Committees and Committee Documents
| Audit Committee |
|---|
| Jeremy Kramer, Chair |
| Erik A. Lind |
| Sophie Rossini |
| Compensation Committee |
|---|
| Joseph H. Pyne, Chair |
| Iman Hill |
| Einar Michael Steimler |
Compensation Committee Charter
| Nominating and Corporate Governance Committee |
|---|
| Einar Michael Steimler, Chair |
| Erik A. Lind |
| Joseph H. Pyne |
Nominating and Corporate Governance Committee Charter
| Sustainability Oversight Committee |
|---|
| Sophie Rossini, Chair |
| Iman Hill |
| Jeremy Kramer |