IMD Supervisory Board
The IMD Supervisory Board is presided over by the Chairman of the Foundation Board. The Foundation Board appoints the Supervisory Board from among its members to support, challenge and supervise IMD’s operations.
The Supervisory Board has overall responsibility for IMD’s vision, strategy and management to support its success in the marketplace. It is responsible, along with the Foundation Board, for governance at IMD, as well as ensuring the organization remains relevant to the evolving needs of the global corporate community.
The IMD Supervisory Board consists of at least three members and is presided over by the Chairman of the Foundation Board.

Michel Demaré is Chairman of the Foundation and Supervisory Boards of IMD and member of the Audit Committee (AFRC). He is a member of the Supervisory Boards of Vodafone Group PLC, Astra Zeneca PLC, Deputy Chairman…

Michel Demaré is Chairman of the Foundation and Supervisory Boards of IMD and member of the Audit Committee (AFRC). He is a member of the Supervisory Boards of Vodafone Group PLC, Astra Zeneca PLC, Deputy Chairman of Louis-Dreyfus Company Holdings B.V. and Chairman of Nomoko AG. He also serves on the Advisory Board of the Institute of Banking and Finance at the University of Zurich.
He was the Chairman of Syngenta AG from 2013 until the Company was sold to ChemChina in 2017, and was Vice Chairman of UBS Group AG from 2009 until 2019. He was also the Chairman of SwissHoldings from 2013 to 2015. Prior to his supervisory career, he was Chief Financial Officer and Executive Vice President of ABB from 2005 to February 2013, serving in addition as the company’s President of Global Markets between late 2008 and March 2011. He also served as ABB’s acting Chief Executive Officer during most of 2008. Previously he had been Chief Financial Officer Europe for Baxter International Inc. He joined Baxter in 2002 after 18 years at the Dow Chemical Company, where he held various treasury and division CFO positions in Europe (including Switzerland) and the USA.
Michel holds a License in Applied Economics from the Université Catholique de Louvain (UCL) and an MBA from the Katholieke Universiteit Leuven (KUL) in Belgium.

Vice Chairperson of IMD Foundation and Supervisory Boards.
Hanne de Mora is the Co-Founder and Chairperson of a-connect, which she created in 2002. With eight offices and more than 2,000 certified independent…

Vice Chairperson of IMD Foundation and Supervisory Boards.
Hanne de Mora is the Co-Founder and Chairperson of a-connect, which she created in 2002. With eight offices and more than 2,000 certified independent professionals, a-connect helps companies execute critical projects by leveraging its network of specialists. Based in Zurich, Hanne takes an active role in client service throughout a-connect’s global offices, in particular Asia and the agriculture, food and chemicals industries.
Hanne is Chairperson of Microcaps AG, and a Non-Executive Director at Nestle. She is also a Member of the Board of Directors of AB Volvo (Audit Committee Chair) and member of MetsoOutotec Oyj Board of Directors. In the past, she has been a Member of the Board of Directors of Sandvik, where she held the audit committee chair. She has also served as a non-executive director of Telenor, Tomra and Valora. Prior to a-connect, Hanne was a partner at McKinsey & Company based in Switzerland. She started her career as a credit analyst with Den Norske Creditbank in Luxemburg, and subsequently held brand management and controller roles at Procter & Gamble.
Hanne holds an MBA from IESE, Barcelona, and a Bachelor’s degree in Business from HEC, Lausanne.
Supervisory Board members

Gilbert Achermann is the Chairperson of Straumann, the global leader in implant dentistry; board member of Julius Bär, the private bank, Ypsomed, a selfcare solutions company and Vifor, a pharma company. In addition…

Gilbert Achermann is the Chairperson of Straumann, the global leader in implant dentistry; board member of Julius Bär, the private bank, Ypsomed, a selfcare solutions company and Vifor, a pharma company. In addition he is a jury member of Venture Kick and member of the board of the Swiss Medtech association. Gilber is also Chairman of the Audit Committee (AFRC).
Prior to becoming Chairperson, Gilbert served as CFO and CEO at Straumann. His previous positions include Chairperson and Co-CEO of the Vitra Group, a family-owned furniture and shopfitting company. Prior to that he held positions as the Chairperson of Siegfried, a listed pharma service company, and Vice Chairperson of the Moser Group, a privately owned luxury watch company. He began his career at UBS in investment banking.
Gilbert holds an EMBA from IMD and joined IMD in July 2016 as Executive-in-Residence. - edited Andreea

Damien O'Brien recently retired as Chairman of Egon Zehnder. He joined the firm in Sydney in 1988. During his career he was based in China, Sydney, Paris, London, and Zurich. He was appointed Chief Executive Officer of…

Damien O'Brien recently retired as Chairman of Egon Zehnder. He joined the firm in Sydney in 1988. During his career he was based in China, Sydney, Paris, London, and Zurich. He was appointed Chief Executive Officer of Egon Zehnder in June 2008 and was elected Chairperson in June 2010, a position he held until his retirement in 2018.
Prior to joining Egon Zehnder International, Damien worked as an Associate with McKinsey in Australia and before that held various management positions in a family-owned group of companies in Australia.
Damien holds an MBA from Columbia University and a Bachelor of Commerce from the University of New South Wales. He also has a Diploma in Theology and Philosophy from Saint Columban's College in Sydney, which entailed two years of study and community work in Mindanao, the Philippines.

Jouko Karvinen is Chairperson of the Supervisory Board for Finnair Plc., and a member of the international advisory board of Komatsu Corporation. He is also a member of the Audit Committee (AFRC).
Prior to becoming…

Jouko Karvinen is Chairperson of the Supervisory Board for Finnair Plc., and a member of the international advisory board of Komatsu Corporation. He is also a member of the Audit Committee (AFRC).
Prior to becoming Chairperson, Jouko was Vice Chairperson of Finnair from 2016 to 2017. Previously, he was a member of the Supervisory Board of Valmet from 2016 to 2018, serving on the Compensation Committee. Prior to that, he was at Nokia, where he served as Vice Chairperson of the Supervisory Board from 2013 to 2016, Chairperson of the Audit Committee from 2012 to 2016, Chairperson of the Nomination and Governance Committee from 2013 to 2014, and a board member from 2011 to 2016.
In addition, Jouko was a member of the Supervisory Board of SKF from 2010 to 2016. He was CEO of Stora Enso Oyj from 2007 to 2014, and CEO of Philips Medical Systems Division from 2002 to 2006. He was a member of Board of Management of Royal Philips Electronics in 2006 and Group Management Committee from 2002 to 2006. Earlier in his career, Jouko held executive and managerial positions at ABB Group Limited, including Executive Vice President, Head of Automation Technology Products Division and Member of the Group Executive Committee.
Jouko holds a Master of Science from Tampere University of Technology.

Norwegian, Liselott Kilaas has over twenty years of international top management experience resulting in a proven track record in strategic and operational performance development across a broad spectrum of businesses.…

Norwegian, Liselott Kilaas has over twenty years of international top management experience resulting in a proven track record in strategic and operational performance development across a broad spectrum of businesses. The last 10 years Ms Kilaas was working in the healthcare sector and was the CEO of Aleris 2013‐2017.
Ms Kilaas has extensive Non‐Executive Board and Committee experience from 2004 and ranging from central banking, investment funds, telecom, technology, branded consumer goods, healthcare, medical technology, aluminum, media to shipping. The first two board assignments were with the Central Bank of Norway (also responsible for the Norwegian Sovereign Fund), a board position held for 12 years and Telenor a board position held for 10 years.
Ms Kilaas is currently working with companies which are listed, private equity owned and governmental owned. She is currently a Member of the Board of Directors of Norsk Hydro ASA, Orkla ASA, Ambea AB, Peab AB, Nobina AB, Norwegian Sovereign Fund and Chairman of the Board of Directors of Coala Life, Implantica AG, Avonova AB.
Education:
1983 M. Sc. Mathematical Statistics, University of Oslo, Norway
1987 Master of Business Administration, IMD, Lausanne, Switzerland

Woods Staton is the Executive Chairperson of Arcos Dorados (NYSE: ARCO), the world's largest independent McDonald's franchisee. Arcos Dorados operates or franchises more than 2,200 restaurants, with over 100,000…

Woods Staton is the Executive Chairperson of Arcos Dorados (NYSE: ARCO), the world's largest independent McDonald's franchisee. Arcos Dorados operates or franchises more than 2,200 restaurants, with over 100,000 employees and greater than US$3 billion in revenue, across 20 countries and territories in Latin America and the Caribbean. Often recognized as one of the best companies to work for in Latin America, every year Arcos Dorados generates first-time, formal employment opportunities for tens of thousands of young people in the region.
Born in Medellín, Colombia, Woods’ business life has focused on consumer goods in Latin America. His grandfather founded Panamco, which became the largest Coca/Cola bottler in the world with operations in seven Latin American countries. After many years in the family business, Woodsbranched out, starting his own entrepreneurial career as McDonald's joint venture partner in Argentina. He later served as President of McDonald’s South Latin America Division. He founded Arcos Dorados in 2007, when he led a consortium of investors in the purchase of McDonald’s Corporation’s operations in Latin America. In April of 2011, Arcos Dorados executed a successful IPO on the New York Stock Exchange.
Woods is actively involved in several non-profit organizations. He is co-founder of Endeavor Argentina, promoting entrepreneurship as well as a founding partner of Ashoka Argentina, a global organization committed to investing in innovative solutions through social entrepreneurship. He is a member of the Chairman’s International Advisory Council of the Council of the Americas and currently serves as the Chair for the Latin American Program's Advisory Board at the Woodrow Wilson International Center for Scholars, a think tank in Washington, D.C.
Woods holds an MBA from IMD.