Scandi Standard Nomination Committee Backs Continuity with New Board Member and Higher Fees

The latest announcement is out from Scandi Standard AB ( (SE:SCST) ).

Scandi Standard’s nomination committee has proposed a largely unchanged board for the 2026 annual general meeting, with founder of Grupo Lusiaves, Avelino Gaspar, set to join as a new director alongside the re-election of Johan Bygge as chairman and Paulo Gaspar as vice chairman. The committee also recommends reappointing Öhrlings PricewaterhouseCoopers as auditor and raises board and committee fees, signaling continuity in governance and a modest uplift in director compensation while maintaining compliance with Swedish Corporate Governance Code independence requirements.

All proposed directors are deemed independent of the company and its management, with three members also assessed as independent of major shareholders, which may reassure minority investors about board oversight. The nomination committee, composed of representatives from key shareholders including Grupo Lusiaves, Investment AB Öresund and Lantmännen, will publish full details and motivations ahead of the AGM, underlining transparency around Scandi Standard’s leadership structure at a time when sector expertise in poultry and the broader food value chain is viewed as strategically important.

The most recent analyst rating on (SE:SCST) stock is a Buy with a SEK131.00 price target. To see the full list of analyst forecasts on Scandi Standard AB stock, see the SE:SCST Stock Forecast page.

More about Scandi Standard AB

Scandi Standard is the leading producer of chicken-based food products in the Nordic region and Ireland, with a portfolio spanning ready-to-eat, chilled and frozen items. The group markets its products under brands including Kronfågel, Danpo, Den Stolte Hane, Manor Farm and Naapurin Maalaiskana, and also produces and sells eggs in Norway, generating annual sales above SEK 13 billion.

Average Trading Volume: 48,059

Technical Sentiment Signal: Buy

Current Market Cap: SEK8.39B

For an in-depth examination of SCST stock, go to TipRanks’ Overview page.