AAK Annual Report 2020

51 Annual Report 2020 AAK Tim Stephenson President Global Sourcing & Trading Vice President AAK AB Born: 1961 Employed: 1995 Nationality: British Qualifications: MA (Oxon), FCA Holdings in AAK: 5,000 stock options* René Schou President Global Industries Vice President AAK AB Born: 1969 Employed: 2011 Nationality: Danish Qualifications: MBA, and Food Technologist Holdings in AAK: None Karsten Nielsen Chief Technology Officer (CTO) Vice President AAK AB Born: 1963 Employed: 1988 Nationality: Danish Qualifications: Graduate Diploma in Food Technology Holdings in AAK: 57,400 shares and 33,000 stock options* Gerardo Garza López de Hereida President AAK South Latin America Vice President AAK AB Born: 1961 Employed: 2014 Nationality: Mexican Qualifications: Graduate Diploma in Business Administration, Food Engineering Holdings in AAK: 18,000 stock options* David Smith President Global Operations Vice President AAK AB Born: 1960 Employed: 2001 Nationality: British Qualifications: MBA, Graduate Diploma in Business Management Holdings in AAK: 40,000 stock options* * Each stock option entitles the option holder to buy six shares.