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Klaus Nyborg: All my chief execs need to take multiple exams

What is a Chair’s most important task and what do they do when a company gets into difficulties and makes headlines? Norden chairman explains. 
"It may sound trivial, but the most important task for a board of directors is to have the right management. Because then the chairman and the board don’t need to be too close to the company,” says Klaus Nyborg, chairman of the board at Norden. | Photo: Magnus Møller
"It may sound trivial, but the most important task for a board of directors is to have the right management. Because then the chairman and the board don’t need to be too close to the company,” says Klaus Nyborg, chairman of the board at Norden. | Photo: Magnus Møller
by DAG HOLMSTAD

”As Mr. Møller always said: You can take a risk, but you can’t risk your company. I think that’s simply brilliantly put. As chairman, you have to make decisions and take a risk, but you just can’t risk the whole business.”

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