Tuesday , July 27 2021

Stenbeck about Kinnevik without "should be able to stand on own feet"



When Cristina Stenbeck leave the board & # 39; Kinnevik this spring, from 1936 is the first time that the family is not represented in the board of the company & # 39; investment. She motivates her off the fact that you want more freedom, among other things for its own investments. also believes that the investment firm is already independent from it.

"The company must be able & # 39; stand alone on its basis without me. Now Kinnevik should lead to & # 39; Georgi GANEV as CEO and president & # 39; Amelia Fawcett I have great trust and management has a mandate greater than ever and taking & # 39; investment decisions, which means that I & # 39; nilliberja myself work on board and undertake f & # 39; other things, "says f & # 39; interview with & # 39; Dagens Industri which is also sure that will have a "relationship with & # 39; very robust" continuing with & # 39; Kinnevik.

Read more: The board & # 39; Kinnevik: Stenbeck out – in Campbell

The other week, it was known that Cristina Stenbeck, b & # 39; link to the AGM this spring, will leave the board in & # 39; Kinnevik. According to the document, is the first time the Stenbeck family is not represented in the board of the investment company since it was founded in 1936. She will have contact with the board and management in the role of & # 39; major owner and make that position on plans designed pressure must be followed.

The interview also shows that she is planning to start operating in "little projects" and f & # 39; in some areas & # 39; & # 39 Kinnevik where you can add value.

"But be in & # 39; Kinnevik hand that defines how we work together," says Cristina Stenbeck to Dagens Industri.

It remains & # 39; chairman of the nomination committee.

"But if it was not so important for institutions, we solvuha b & # 39; otherwise even when that work takes a lot of time," says Cristina Stenbeck on that role.

In the article Dagens industris, it is recalled that Cristina Stenbeck through a number of agreements reduced ties with her brothers. F & # 39; this background, he no longer sees the need to act through the panel & # 39; Kinnevik. It adds that the liquidity in the form of & # 39; dividends or spin-offs from Kinnevik will be reinvested and then "f & # 39; smart people give me exposure to new markets". When asked x & # 39; can & # 39; ending in a basket & # 39; Cristina Stenbeck or basket & # 39; Kinnevik, responds:

"I would I have regular dialogue with & # 39; & # x know Kinnevik and 39; they are interested and I will be able to take activities approached CEO & # 39; Kinnevik".

Read also: The new board & # 39; Kinnevik is spoken "extremely weak"


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