{"id":168,"date":"2020-09-25T13:32:11","date_gmt":"2020-09-25T11:32:11","guid":{"rendered":"https:\/\/leo-foundation.org\/da\/?page_id=943"},"modified":"2025-03-28T10:44:01","modified_gmt":"2025-03-28T09:44:01","slug":"ownership","status":"publish","type":"page","link":"https:\/\/leo-foundation.org\/en\/ownership\/","title":{"rendered":"Ownership"},"content":{"rendered":"\n<div class=\"wp-block-group alignfull is-style-pattern-leo-center has-primary-snow-background-color has-background\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<div style=\"height:72px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading is-style-large-type\" id=\"engaged-ownership\">Engaged ownership<\/h2>\n\n\n\n<div style=\"height:47px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"text-cols text-cols-columns-1 text-cols align\" data-block_b278b22fc843d084e95085ce21eca327>\n  \n\n<p>The LEO Foundation is an enterprise foundation established in 1984 with the primary purpose of ensuring the continuance of the global pharmaceutical company <a href=\"https:\/\/leo-pharma.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">LEO Pharma A\/S<\/a>.<\/p>\n\n\n\n<p>In accordance with our <a href=\"https:\/\/leo-foundation.org\/en\/about-us\/how-we-work\/#charter\">charter<\/a>, the LEO Foundation is the permanent controlling owner of LEO Pharma, and we exercise engaged ownership to support the company\u2019s long-term development and success.<\/p>\n\n\n<\/div>\n\n<style type=\"text\/css\">\n  [data-block_b278b22fc843d084e95085ce21eca327] p {\n    column-count: 1;\n    column-gap: 30px;\n  }\n<\/style>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"text-cols text-cols-columns-1 text-cols align\" data-block_b278b22fc843d084e95085ce21eca327>\n  \n\n<p><\/p>\n\n\n<\/div>\n\n<style type=\"text\/css\">\n  [data-block_b278b22fc843d084e95085ce21eca327] p {\n    column-count: 1;\n    column-gap: 30px;\n  }\n<\/style>\n<\/div>\n<\/div>\n\n\n\n<div style=\"height:24px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"679\" src=\"https:\/\/leo-foundation.org\/en\/wp-content\/uploads\/sites\/2\/2020\/12\/Headquarters_P0_DK_Ballerup_Glass_Stairs_Lo-res-1024x679.jpg\" alt=\"\" class=\"wp-image-2951\" srcset=\"https:\/\/leo-foundation.org\/en\/wp-content\/uploads\/sites\/2\/2020\/12\/Headquarters_P0_DK_Ballerup_Glass_Stairs_Lo-res-1024x679.jpg 1024w, https:\/\/leo-foundation.org\/en\/wp-content\/uploads\/sites\/2\/2020\/12\/Headquarters_P0_DK_Ballerup_Glass_Stairs_Lo-res-300x199.jpg 300w, https:\/\/leo-foundation.org\/en\/wp-content\/uploads\/sites\/2\/2020\/12\/Headquarters_P0_DK_Ballerup_Glass_Stairs_Lo-res-768x509.jpg 768w, https:\/\/leo-foundation.org\/en\/wp-content\/uploads\/sites\/2\/2020\/12\/Headquarters_P0_DK_Ballerup_Glass_Stairs_Lo-res-1536x1018.jpg 1536w, https:\/\/leo-foundation.org\/en\/wp-content\/uploads\/sites\/2\/2020\/12\/Headquarters_P0_DK_Ballerup_Glass_Stairs_Lo-res-2048x1357.jpg 2048w, https:\/\/leo-foundation.org\/en\/wp-content\/uploads\/sites\/2\/2020\/12\/Headquarters_P0_DK_Ballerup_Glass_Stairs_Lo-res-960x636.jpg 960w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-group alignfull is-style-pattern-leo-center has-secondary-olive-background-color has-background\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<div style=\"height:71px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h1 class=\"wp-block-heading\" id=\"ownership-principles\">Our engaged ownership is based on three main principles that guide our actions and behavior<\/h1>\n\n\n\n<div style=\"height:35px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h3 class=\"wp-block-heading\">Dedicated<\/h3>\n\n\n<div class=\"text-cols text-cols-columns-1 text-cols align\" data-block_b278b22fc843d084e95085ce21eca327>\n  \n\n<p>We take a long-term strategic view of the business and are strongly committed to ensuring the successful development of LEO Pharma.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>We facilitate and contribute to constructive shareholder interactions, to ensure alignment on the long-term strategic direction of the company.<\/li>\n\n\n\n<li>We assess, challenge and support the company\u2019s strategic development and performance.<\/li>\n<\/ul>\n\n\n<\/div>\n\n<style type=\"text\/css\">\n  [data-block_b278b22fc843d084e95085ce21eca327] p {\n    column-count: 1;\n    column-gap: 30px;\n  }\n<\/style>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h3 class=\"wp-block-heading\">Responsible<\/h3>\n\n\n<div class=\"text-cols text-cols-columns-1 text-cols align\" data-block_b278b22fc843d084e95085ce21eca327>\n  \n\n<p>We want to make a sustained difference, and consider sustainability and integrity prerequisites for LEO Pharma&#8217;s long-term success.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>We uphold and protect the company\u2019s fundamental values and promote a culture of integrity and positive corporate behavior.<\/li>\n\n\n\n<li>We work to promote responsible business practices throughout the company.<\/li>\n<\/ul>\n\n\n<\/div>\n\n<style type=\"text\/css\">\n  [data-block_b278b22fc843d084e95085ce21eca327] p {\n    column-count: 1;\n    column-gap: 30px;\n  }\n<\/style>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h3 class=\"wp-block-heading\">Ambitious<\/h3>\n\n\n<div class=\"text-cols text-cols-columns-1 text-cols align\" data-block_b278b22fc843d084e95085ce21eca327>\n  \n\n<p>We set the bar high and support LEO Pharma in reaching its full potential and advancing the standards of care for patients around the world.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>We encourage the company to be at the forefront of scientific discovery and drive continuous innovation.<\/li>\n\n\n\n<li>We work to ensure a strong focus on competitive operations and financial performance.<\/li>\n<\/ul>\n\n\n<\/div>\n\n<style type=\"text\/css\">\n  [data-block_b278b22fc843d084e95085ce21eca327] p {\n    column-count: 1;\n    column-gap: 30px;\n  }\n<\/style>\n<\/div>\n<\/div>\n\n\n\n<div style=\"height:37px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><a href=\"https:\/\/leo-foundation.org\/en\/wp-content\/uploads\/sites\/2\/2025\/03\/LEO-Foundation-Principles-for-engaged-ownership.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Read &#8216;LEO Foundation Principles for engaged ownership&#8217; as PDF<\/a><\/p>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-group alignfull is-style-pattern-leo-top-bottom has-primary-olive-background-color has-background\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<div style=\"height:13px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"How-we-carry-out-our-ownership\">How we carry out our ownership<\/h2>\n\n\n\n<div style=\"height:80px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"text-cols text-cols-columns-1 text-cols align\" data-block_b278b22fc843d084e95085ce21eca327>\n  \n\n<p>The <a href=\"https:\/\/www.leo-pharma.com\/who-we-are\/our-governance\/board-of-directors\" target=\"_blank\" rel=\"noreferrer noopener\">Board of Directors of LEO Pharma<\/a> sets the company\u2019s overall strategic direction and supervises the management of the company, which is executed on a day-to-day basis by the executive leadership team. As majority shareholder, we ensure the Board has the collectively knowledge, professional competencies, and experience to best safeguard the company\u2019s interests and ensure sustainable value creation. &nbsp;<\/p>\n\n\n\n<p>Further, the Foundation is directly represented by two Board members and as part of the Board membership, the LEO Foundation is permanently represented on the Remuneration &amp; Nomination Committee.<\/p>\n\n\n<\/div>\n\n<style type=\"text\/css\">\n  [data-block_b278b22fc843d084e95085ce21eca327] p {\n    column-count: 1;\n    column-gap: 30px;\n  }\n<\/style>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"text-cols text-cols-columns-1 text-cols align\" data-block_b278b22fc843d084e95085ce21eca327>\n  \n\n<p>We engage actively with the company on a wide range of topics including strategy, financial and non-financial performance, risk management, people, culture, remuneration, sustainability, and corporate governance.<\/p>\n\n\n<\/div>\n\n<style type=\"text\/css\">\n  [data-block_b278b22fc843d084e95085ce21eca327] p {\n    column-count: 1;\n    column-gap: 30px;\n  }\n<\/style>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-group alignfull is-style-pattern-leo-top-bottom has-primary-snow-background-color has-background\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<div style=\"height:45px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"leo-pharma\">LEO Pharma A\/S<\/h2>\n\n\n\n<div style=\"height:80px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"text-cols text-cols-columns-1 text-cols align\" data-block_b278b22fc843d084e95085ce21eca327>\n  \n\n<p>The company is a leader in medical dermatology with a robust R&amp;D pipeline, a wide range of therapies and a pioneering spirit. Founded in 1908, LEO Pharma has devoted decades of research and development to advance the science of dermatology, setting new standards of care for people with skin conditions.<\/p>\n\n\n<\/div>\n\n<style type=\"text\/css\">\n  [data-block_b278b22fc843d084e95085ce21eca327] p {\n    column-count: 1;\n    column-gap: 30px;\n  }\n<\/style>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"682\" src=\"https:\/\/leo-foundation.org\/en\/wp-content\/uploads\/sites\/2\/2021\/06\/Headquarters_NeonLogo_DK_Ballerup_Evening_close-up_cropped-1024x682.jpg\" alt=\"\" class=\"wp-image-4354\" srcset=\"https:\/\/leo-foundation.org\/en\/wp-content\/uploads\/sites\/2\/2021\/06\/Headquarters_NeonLogo_DK_Ballerup_Evening_close-up_cropped-1024x682.jpg 1024w, https:\/\/leo-foundation.org\/en\/wp-content\/uploads\/sites\/2\/2021\/06\/Headquarters_NeonLogo_DK_Ballerup_Evening_close-up_cropped-300x200.jpg 300w, https:\/\/leo-foundation.org\/en\/wp-content\/uploads\/sites\/2\/2021\/06\/Headquarters_NeonLogo_DK_Ballerup_Evening_close-up_cropped-768x512.jpg 768w, https:\/\/leo-foundation.org\/en\/wp-content\/uploads\/sites\/2\/2021\/06\/Headquarters_NeonLogo_DK_Ballerup_Evening_close-up_cropped-1536x1024.jpg 1536w, https:\/\/leo-foundation.org\/en\/wp-content\/uploads\/sites\/2\/2021\/06\/Headquarters_NeonLogo_DK_Ballerup_Evening_close-up_cropped-2048x1365.jpg 2048w, https:\/\/leo-foundation.org\/en\/wp-content\/uploads\/sites\/2\/2021\/06\/Headquarters_NeonLogo_DK_Ballerup_Evening_close-up_cropped-960x640.jpg 960w, https:\/\/leo-foundation.org\/en\/wp-content\/uploads\/sites\/2\/2021\/06\/Headquarters_NeonLogo_DK_Ballerup_Evening_close-up_cropped-480x320.jpg 480w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">LEO Pharma headquarters<\/figcaption><\/figure>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-fill\"><a class=\"wp-block-button__link has-primary-coal-color has-primary-peach-background-color has-text-color has-background wp-element-button\" href=\"https:\/\/leo-foundation.org\/en\/publications\/\" target=\"_blank\" rel=\"# noopener\">Visit LEO Pharma<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<p><\/p>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-group alignfull is-style-pattern-leo-top-bottom has-primary-olive-background-color has-background\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<div style=\"height:24px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"leo-group\">The LEO Group<\/h2>\n\n\n\n<div style=\"height:80px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"text-cols text-cols-columns-1 text-cols align\" data-block_b278b22fc843d084e95085ce21eca327>\n  \n\n<p>The LEO Group consists of the LEO Foundation, LEO Holding A\/S and LEO Pharma A\/S, including its Danish and international subsidiaries (collectively LEO Pharma Group).<\/p>\n\n\n<\/div>\n\n<style type=\"text\/css\">\n  [data-block_b278b22fc843d084e95085ce21eca327] p {\n    column-count: 1;\n    column-gap: 30px;\n  }\n<\/style>\n\n\n\n<div style=\"height:38px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"460\" height=\"387\" src=\"https:\/\/leo-foundation.org\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/LEO-Group-EN.png\" alt=\"\" class=\"wp-image-12224\" srcset=\"https:\/\/leo-foundation.org\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/LEO-Group-EN.png 460w, https:\/\/leo-foundation.org\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/LEO-Group-EN-300x252.png 300w\" sizes=\"auto, (max-width: 460px) 100vw, 460px\" \/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"text-cols text-cols-columns-1 text-cols align\" data-block_b278b22fc843d084e95085ce21eca327>\n  \n\n<p>LEO Pharma is a privately owned company, and the LEO Foundation (via LEO Holding A\/S) owns around 80% of the shares and voting rights in LEO Pharma. The remaining shares are owned by <a href=\"https:\/\/www.nordiccapital.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Nordic Capital<\/a>, an active and experienced private equity investor in healthcare globally.<\/p>\n\n\n\n<p>The LEO Foundation has established a wholly owned subsidiary, LEO Holding A\/S, to manage the Foundation\u2019s investment activities, incl. the ownership of LEO Pharma. LEO Holding is governed by the same Board and Executive Management as the LEO Foundation.<\/p>\n\n\n<\/div>\n\n<style type=\"text\/css\">\n  [data-block_b278b22fc843d084e95085ce21eca327] p {\n    column-count: 1;\n    column-gap: 30px;\n  }\n<\/style>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><\/div>\n<\/div>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Engaged ownership Our engaged ownership is based on three main principles that guide our actions and behavior Dedicated Responsible Ambitious Read &#8216;LEO Foundation Principles for engaged ownership&#8217; as PDF How we carry out our ownership LEO Pharma A\/S The LEO Group<\/p>\n","protected":false},"author":4,"featured_media":0,"parent":0,"menu_order":2,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"class_list":["post-168","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ownership - LEO Foundation<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leo-foundation.org\/en\/ownership\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ownership - LEO Foundation\" \/>\n<meta property=\"og:description\" content=\"Engaged ownership Our engaged ownership is based on three main principles that guide our actions and behavior Dedicated Responsible Ambitious Read &#8216;LEO Foundation Principles for engaged ownership&#8217; 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