Management and control of Powel Group is shared between the shareholders, represented in the General Meeting, the Board of Directors and the President (Chief Executive Officer) according to existing company laws. The company has an external independent Auditor (KPMGAS).

It is important for the Board that the Group has well-functioning systems for Corporate Governance. Improvements to the Group’s Corporate Governance is a continuous process, and is a field of increased focus from board and management.

The Group has a management policy, which encourages local decision-making authority, with the corresponding responsibility for their own decisions and consequences. To secure the risk, and uniform coordination and priority of scarce resources, there are established strict decision rules, and reporting tools throughout the Group. There are monthly Business Reviews from each reporting unit, which also is reported the Board of Directors.