Georgi Ganev appointed CEO of Kinnevik

Georgi Ganev appointed CEO of Kinnevik

ID: 549696

(Thomson Reuters ONE) -


Kinnevik AB (publ) ("Kinnevik") today announced that it has appointed Georgi
Ganev as its Chief Executive Office with effect from 1 January 2018.

Chairman of the Board of Kinnevik, Tom Boardman, commented:

"In Georgi Ganev, Kinnevik will have a CEO with a keen appreciation of
Kinnevik's strategy, our markets and our companies. Georgi combines a successful
track record as a CEO, taking a fast-growing digital e-commerce company public,
with a solid experience from the Nordic TMT sector. I am very pleased that he
has accepted the position as CEO of Kinnevik in our next phase of identifying,
scaling and transforming businesses to continue to create value for our
shareholders."

Georgi Ganev commented:

"I am proud and excited to become the CEO of Kinnevik. Having started my career
at Tele2, I know that Kinnevik has a unique culture and capability as a business
builder. Using my operational experience that I have gained across relevant
sectors I will focus on unlocking further value from Kinnevik and its portfolio
companies. I also look forward to working with the Kinnevik team and the broader
network of founders, boards and management teams to continue to grow the digital
investment business."

Georgi Ganev joins Kinnevik from Dustin where he has served as CEO since 2012.
He is also a board member of Tele2 since 2016. Prior to Dustin Georgi was CMO at
Telenor Sweden AB between 2010-2012 and CEO of Bredbandsbolaget AB 2007-2010.
Between 2002 and 2007, Georgi worked within the Kinnevik Group as Sales &
Marketing Director and Product Manager at Tele2. Georgi holds a MSc in
Engineering in Information Technology from Uppsala University.

Joakim Andersson will remain Acting CEO of Kinnevik until Georgi Ganev assumes
the position as CEO on 1 January 2018.





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
08.00 CET on 26 June 2017.



For further information, visit www.kinnevik.com or contact:

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. 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.

Note

Kinnevik has been informed of Georgi Ganevs's intention to build up a
significant long-term shareholding in Kinnevik, and that Verder S.à r.l., in
order to align Kinnevik's new CEO's interest with Kinnevik's shareholders, has
granted Georgi Ganev a cash loan, on market terms, for the acquisition of
Kinnevik shares.




Press release:
http://hugin.info/1114/R/2115469/804994.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




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Bereitgestellt von Benutzer: hugin
Datum: 26.06.2017 - 08:00 Uhr
Sprache: Deutsch
News-ID 549696
Anzahl Zeichen: 4231

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