Board of Directors

Flemming Jacobs

Flemming Jacobs is the Chairman of our Board. Mr. Jacobs started his career in the shipping industry in 1960 when he joined AP Moller. He helped to build up Maersk Line into one of the world’s leading container lines and in 1996 he became a partner of AP Moller. Between 1999 and 2003 he was President & CEO of Singapore based Neptune Orient Lines, owners of American President Lines and APL Logistics. He is currently serving as Director General of Danish Maritime Days, Copenhagen and is a member of the Board and Audit Committee of Inchcape Shipping Services in the UK. Furthermore, he is a member of the Advisory Board of the Panama Canal, Rickmers Group in Germany, Cerberus UK, and Arshiya International in India. He is also a member of the General and Nominating Committees of Lloyd’s Register. He attended the Harvard Business School and brings a wealth of business and strategic development experience to his position as Chair of our Board. He is known for seeking extraordinary growth, organizational development and proper governance.

Bill Burns

Bill Burns is our Vice-Chairman. Bill has spent his entire career in the Healthcare sector, working for Beecham Pharmaceuticals and then with Roche Pharmaceuticals where he retired from his position of CEO, Pharma Division, at the end of 2009. He continues as a member of the Board of Roche and Chugai, the majority Roche-owned public company in Japan. Bill is also a non-executive Director on the Boards of Shire Pharmaceuticals and Biotie Therapeutics, and is Chairman of Masters Pharmaceuticals and of Okairos. He also chairs a funding committee for the Wellcome Trust.

Julie Meyer

Julie Meyer is a Board Member. She is an American-born entrepreneur, investor, business adviser, networking expert, broadcaster and business commentator. She is the founder and Chief Executive of Ariadne Capital and the Managing Partner of Ariadne Capital Entrepreneurs Fund (ACE). She is the founder of Entrepreneur Country and was the co-founder of First Tuesday which she sold in July 2000. Julie is also one of the two dragons on the BBC’s Dragons' Den online and is a regular business and economics commentator in the media. She has won awards including the World Economic Forum Global Leader of Tomorrow, the Ernst & Young Entrepreneur of the Year and a place in the Wall Street Journal’s 30 most influential women in Europe.

Per Norret

Per Norret is a Board Member. Per is the former President for the Danish subsidiary of Bombardier Transportation Denmark. He is a member of the Board of Directors of several Danish private and exchange-registered companies. Per has developed a major competence within strategic processes and business development. He also has a business specialization in recruiting Board of Directors and members of Executive Management.

Torben Vestergaard Frandsen

Torben Vestergaard Frandsen is a Board Member who has enjoyed a long and successful relationship with the company since 1968. He became CEO of Vestergaard in 1972 and oversaw its profitable expansion as a traditional textile business. In 1997 Torben handed control of the company to his son, Mikkel Vestergaard Frandsen, but remained very active in product development, then as a member of our Board of Directors. Torben has also been active in Danish politics for many years.

Malaria Research

IR Mapper is a tool that maps insecticide resistance. It consolidates reports of insecticide resistance in malaria mosquitoes onto filterable maps to inform vector control strategies.


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