Investor's Board of Directors has appointed Christian Cederholm as new President and CEO, effective from the Annual General Meeting (AGM) 7 May 2024. He will succeed Johan Forssell who will transition into a consultancy role, as industrial advisor focusing on industrial companies and board work. Johan Forssell will also resign from Investor's Board of Directors at the AGM.
Christian Cederholm comes from a role as Head of Patricia Industries and has been employed by Investor since 2001. He holds a M.Sc. in Economics and Business Administration from Stockholm School of Economics and lives in Stockholm with his family. Christian is currently a board member at Hi3G Scandinavia and Mölnlycke.
"Investor's Board of Directors and I are very pleased that Christian Cederholm has accepted the role of leading Investor and that Johan Forssell will continue to contribute with his extensive competence to create long-term value for Investor's shareholders. We believe Christian has the right background, drive and determination to take Investor forward. He also possesses great investment skills and a profound interest in future-proofing Investor and our companies", Jacob Wallenberg, Chair of the Board at Investor says.
"I am grateful for the confidence of the Board and feel excited about this opportunity. Having spent many years in the organization I have gained some understanding of what the assignment entails, and it is hard to find a more energizing and inspiring role. I really look forward to working together with our great team on developing and positioning Investor and its portfolio companies in the years to come", Christian Cederholm says.
This information is information that Investor AB 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 above, at 08:00 CET on 4 December 2023.
FAQs
Key statistics
| Average volume | 2.61m |
|---|
| Shares outstanding | 3.07bn |
| Free float | 2.45bn |
| P/E (TTM) | 5.20 |
| Market cap | 837.08bn SEK |
1 more rowInvestor AB (c) holds interests in listed, unlisted, and private equity companies. It is a minority investor in multinational holdings with proven business models and strong market positions. The company focuses on long-term, active ownership and development of unlisted companies with no exit strategy.
Is Investor AB a family office? ›
Investor AB, founded by the Wallenberg family in 1916, creates value for people and society by building strong and sustainable companies. Through substantial ownership and board participation, we drive initiatives that we believe create value and support our companies to remain or become best-in-class.
Who is the CEO of Investor AB? ›
Investor's Board of Directors has appointed Christian Cederholm as new President and CEO, effective from the Annual General Meeting (AGM) 7 May 2024.
Who are the shareholders of Investor AB? ›
Investor's largest shareholders
| Owner | Number of shares | % of capital |
|---|
| BlackRock | 61 186 380 | 1,99% |
| Marianne & Marcus Wallenbergs Stiftelse | 59 641 978 | 1,94% |
| SEB Fonder | 57 928 147 | 1,89% |
| Spiltan Fonder | 52 081 319 | 1,70% |
6 more rowsBlackRock, Inc. is an American multinational investment company. It is the world's largest asset manager, with $10 trillion in assets under management as of December 31, 2023. Headquartered in New York City, BlackRock has 78 offices in 38 countries, and clients in 100 countries.
What does Investor AB own? ›
Investor's investments are divided into three business areas, Listed Companies, Patricia Industries and Investments in EQT. We own significant minority stakes in our listed companies and are typically the largest shareholder.
Who owns Patricia Industries? ›
Patricia Industries is a part of the industrial holding company Investor AB, whose main owner is the Wallenberg Foundations.
What does Investor AB do? ›
Investor, founded by the Wallenberg family in 1916, is an owner of high-quality, global companies. We have a long-term investment perspective. Through board participation, our industrial experience, network and financial strength, we support our companies to outperform competition and reach their full potential.
How much money does the Wallenberg family have? ›
With a net worth surpassing $275 Billion, the Wallenberg family is richer and more powerful than many Billionaires on the Forbes list. Despite their wealth and influence, they remain shrouded in secrecy, rarely making public appearances or giving interviews.
The most important holdings that are owned directly through the Foundations, or indirectly via Investor AB and FAM AB, are: ABB, AstraZeneca, Atlas Copco, Kopparfors Skogar, BraunAbility, Electrolux, Epiroc, EQT, Ericsson, Grand Hôtel, Husqvarna, Höganäs, IPCO, Laborie, Mölnlycke, Nasdaq, Nefab, Permobil, Piab, Saab AB ...
What is the difference between private equity and family office? ›
Finally, private equity funds must sell to generate a profit by creating exit strategies, such as IPOs, M&A or stock buybacks. Family offices are not beholden to the same operational constraints, nor do they have to answer to LPs.
Who is Jeff Brown Tech investor? ›
Jeff Brown is the editor of The Near Future Report, Exponential Tech Investor, and the Early Stage Trader (all newsletter service offerings). Brown currently serves as the founder and the chief investment analyst for Brownstone Research (formerly affiliated with Bonner and Partners).
Who is Jeff Brown investor? ›
Jeff Brown has more than three decades of experience as a high-tech executive, investor, and investment research analyst. He's widely known for his candid and untarnished analysis and insights into the world of tech, biotech, economics, and investment research.
Who is the CEO of Invest International? ›
Joost Oorthuizen - INVEST INTERNATIONAL | LinkedIn.
What is the company profile of Investor AB? ›
Investor AB is an industrial holding company. The Company owns significant shareholdings in major public multinational companies and conducts private equity activities in Europe, North America, and Asia. Investor takes an active ownership role in many of the companies it owns.
What is investor net worth? ›
Net worth is the value of the assets a person or corporation owns, minus the liabilities they owe. It is an important metric to gauge a company's health, providing a useful snapshot of its current financial position.
How big is a Series B deal? ›
A Series B round is usually between $7 million and $10 million. Companies can expect a valuation between $30 million and $60 million. Series B funding usually comes from venture capital firms, often the same investors who led the previous round.
