Nomination Committee proposal of new Board Director for Kinnevik
(Thomson Reuters ONE) -
Stockholm - Investment AB Kinnevik ("Kinnevik"), (NASDAQ OMX Stockholm: KINV A
and KINV B) today announced that the Nomination Committee has proposed the re-
election of Tom Boardman, Vigo Carlund, Dame Amelia Fawcett, Wilhelm Klingspor,
Erik Mitteregger, Allen Sangines-Krause and Cristina Stenbeck as directors of
the Board and to elect Lorenzo Grabau as new director of the Board. The
Nomination Committee proposes the election of Cristina Stenbeck as Chairman of
the Board of Directors.
Lorenzo Grabau has been a Member of the Board of Directors for Modern Times
Group since 2011. Lorenzo is also one of the founders of Rouge Partners, an
investment company focused on developing international consumer and luxury
brands in China and in other growth markets. Prior to founding Rouge Partners in
2011, Lorenzo was a Partner and Managing Director at Goldman Sachs in London,
where he was responsible for four growth areas in the Investment Banking
division: the Consumer/Retail industry practice, the Media/Online industry
practice, the Financial Sponsors group, and a cross-divisional effort focused on
Europe's largest entrepreneurial families and their corporate interests. Prior
to this, Lorenzo spent five years with Merrill Lynch working in the Mergers &
Acquisitions department. He graduated from Universitá degli Studi di Roma, La
Sapienza, in Italy.
Cristina Stenbeck, Chairman of the Nomination Committee commented:
"The Nomination Committee believes that the nomination of Lorenzo Grabau will
strengthen the specific sector expertise on the Board in the telecom, media and
technology sectors as well as in the consumer/retail sectors, and bring
complementary financial expertise in the areas of private equity investing.
Lorenzo knows Kinnevik and our companies well through his position at the MTG
Board and through working with management over the past ten years. We are
pleased to be able to nominate such a highly qualified individual for election
to Kinnevik's Board of Directors."
The Nomination Committee's complete proposal to the Annual General Meeting is
published in today's notice to the Annual General Meeting.
The Nomination Committee is comprised of Cristina Stenbeck, Max Stenbeck on
behalf of Verdere Sàrl, Wilhelm Klingspor on behalf of the Klingspor family,
Ramsay Brufer on behalf of Alecta, and Edvard von Horn on behalf of the von Horn
family.
Kinnevik discloses the information provided herein pursuant to the Securities
Market Act (Sw. lagen om värdepappersmarknaden (2007:528)). The information was
submitted for publication on 9 April, 2013 at 08.00 (CET).
For further information, visit www.kinnevik.se or contact:
Cristina Stenbeck, Chairman of the Nomination Committee +46 (0)8 562 000 00
Torun Litzén, Director Investor Relations +46 (0)8 562 000 83
+46 (0)70 762 00 83
Kinnevik was founded in 1936 and thus embodies more than seventy-five years of
entrepreneurship under the same group of principal owners. Kinnevik's objective
is to increase shareholder value, primarily through net asset value growth. The
company's holdings of growth companies are focused around the following
comprehensive business sectors; Telecom & Services, Online, Media,
Microfinancing, Paper & Packaging and Agriculture & Renewable energy. Kinnevik
has a long history of investing in emerging markets which has resulted in a
considerable exposure to consumer sectors in these markets. Kinnevik plays an
active role on the Boards of its holdings.
Kinnevik's class A and class B shares are listed on the NASDAQ OMX Stockholm's
list for large cap companies, within the financial and real estate sector. The
ticker codes are KINV A and KINV B.
Press release:
http://hugin.info/1114/R/1691441/555461.pdf
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Kinnevik via Thomson Reuters ONE
[HUG#1691441]
Unternehmensinformation / Kurzprofil:
Datum: 09.04.2013 - 08:01 Uhr
Sprache: Deutsch
News-ID 247056
Anzahl Zeichen: 4949
contact information:
Town:
STOCKHOLM
Kategorie:
Business News
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