Kinnevik:CEO Lorenzo Grabau to leave Kinnevik
(Thomson Reuters ONE) -
The Board of Directors of Kinnevik AB ("Kinnevik") today announced that Lorenzo
Grabau is leaving Kinnevik with immediate effect. Joakim Andersson has been
appointed acting CEO. A search process for Lorenzo's successor now will be
undertaken by the Board.
Chairman of the Board, Tom Boardman commented:
"Lorenzo Grabau has made a significant contribution to Kinnevik in leadership
positions over the past 4 years, the last 2.5 years as CEO. He has built a
strong team and successfully streamlined and consolidated our portfolio and
assets. Kinnevik is now well-positioned to enter the next phase of its strategy
of investing in and building leading digital consumer brands."
Lorenzo will remain in his positions in the Boards of Directors of Millicom,
Qliro Group, Tele2 and Zalando. Joakim Andersson has been appointed acting CEO.
Joakim has been Chief Financial Officer since February 2015. He joined Kinnevik
in 2001 and has over the last 15 years held a number of positions in the finance
organization including Group Treasurer from 2007.
PRESS CONFERENCE AND AUDIOCAST
There will be a press conference today, 7 December 2016, at 10.30 am CET with
Tom Boardman, Chairman of the Board, Joakim Andersson, Acting CEO, Chris
Bischoff, Senior Investment Director and Torun Litzén, Director of Corporate
Communications.
Address: Brunnsgränd 6, 111 31, Stockholm, Sweden
Link to the audiocast: http://edge.media-server.com/m/p/bfbz4ejq
Those who wish to participate in the conference call are welcome to dial-in on
the below numbers. To ensure that you are connected to the conference call,
please dial in and register your attendance a few minutes before the conference
call begins.
Dial-in numbers:
SE: +46 8 50556474
UK: +44 2033645374
The conference will be held in English, no registration in advance is required.
This information is information that Kinnevik AB (publ) is obliged to make
public pursuant to the EU Market Abuse Regulation. The information was submitted
for publication, through the agency of the contact person set out below, at
07.30 CET on 7 December 2016.
For further information, visit www.kinnevik.com or contact:
Tom Boardman, Chairman Phone +46 (0)8 562 000 00
Torun Litzén, Director Investor Relations Phone +46 (0)8 562 000 83
Mobile +46 (0)70 762 00 83
Kinnevik is an industry focused investment company with an entrepreneurial
spirit at its heart. Our purpose is to build the digital consumer businesses
that provide more and better choice. We do this by working in partnership with
talented founders and management teams to create, invest in and lead fast
growing businesses in developed and emerging markets. We believe in delivering
both shareholder and social value by building well governed companies that
contribute positively to society. Kinnevik was founded in 1936 by the Stenbeck,
Klingspor and von Horn families. Kinnevik's shares are listed on Nasdaq
Stockholm's list for large cap companies under the ticker codes KINV A and KINV
B.
Press release:
http://hugin.info/1114/R/2062399/773748.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Kinnevik via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 07.12.2016 - 07:30 Uhr
Sprache: Deutsch
News-ID 511286
Anzahl Zeichen: 4052
contact information:
Town:
STOCKHOLM
Kategorie:
Business News
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"Kinnevik:CEO Lorenzo Grabau to leave Kinnevik"
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