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Group Management

From left: Tom Sandler, Anders Pettersson, Daniel Oelker, Kajsa von Geijer, Roland Schylit, Magnus Welander, Ulf Berghult, Gerrit de Graaf, Fred Clark, George Caplea

Decentralized management philosophy Thule’s operations are organized in line with the overriding principle “Management by Objectives”. Far-reaching financial responsibility supports entrepreneurship, cost awareness and open communication, the four pillars of Thule’s steering model. The six business areas are located close to its main markets in Sweden, USA, Netherlands and Denmark. Through four regular business review meetings with each business area, the Group management ensures that financial and organizational performance is in line with the

set plans. If parts of the businesses are off target, special Group resources are allocated to offset the pressure. The Group head office has been based in Malmö, Sweden since 2003. Seventeen employees work here in corporate functions such as Technology, Controlling, Finance, Business Development, Mergers & Acquisitions, Human Resources, Communication and Branding. Their task is to monitor that global Group processes are further developed, implemented and followed up.

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