Latest news with #JacobWallenbergJr
Bloomberg
10-03-2025
- Business
- Bloomberg
Swedish Wallenberg Family Anoints Next Generation With New Posts
The Wallenbergs, a Swedish industrial dynasty rooted in the nineteenth century, took a major step toward its succession planning by appointing some of the family's sixth generation to the boards of key business interests. Private equity group EQT AB said Jacob Wallenberg Jr, born 1992, was being proposed as a new board member. The family's investment vehicle Investor AB separately announced that Fred Wallenberg, born 1990, would be put forward to its board of directors at the next annual general meeting.
Yahoo
10-03-2025
- Business
- Yahoo
Jacob Wallenberg Jr proposed as new Board member of EQT AB
STOCKHOLM, March 10, 2025 /PRNewswire/ -- EQT AB ("EQT" or the "Company") today announces that the Company's Nomination Committee has proposed Jacob Wallenberg Jr as a new Board member of EQT. The proposal is subject to approval at EQT's Annual Shareholders' Meeting on 27 May 2025. Jacob Wallenberg Jr is currently Vice President of People & Talent at New York-based Ramp, leading the People function for the fintech unicorn, which employs over 1000 people globally. Jacob studied Economics at the Wharton School of the University of Pennsylvania, before beginning his career at McKinsey & Company and going on to work at a number of technology firms in the US. Conni Jonsson, Chairperson of the EQT Board and member of the Nomination Committee, comments: "Jacob brings fresh perspectives to the Board - he comes from a younger, more technologically progressive generation and has direct experience from scaling fast-growth technology companies internationally. This diversity ensures that we have a range of complementary viewpoints at the table, which enables the Board to have a better understanding of the world in which we operate and therefore make better decisions. I'm also pleased that the appointment extends the relationship between EQT and the next generation of the Wallenberg family." Jacob Wallenberg Jr adds: "I'm very excited to have the opportunity to join the EQT Board. I've followed EQT and its impressive growth for a long time, and I hope to be able to contribute directly to its future success, working closely with the Board." The Nomination Committee's complete proposals for EQT's 2025 Annual Shareholders' Meeting will be included in the meeting notice and detailed in the Nomination Committee's Motivated Opinion. Both documents will be published on EQT's website in advance of the Annual Shareholders' Meeting. The proposal of Jacob Wallenberg Jr's is subject to approval at EQT's Annual Shareholders' Meeting on 27 May 2025 and regulatory approvals. ContactRickard Buch, Head of Corporate Communications, +46 72 989 09 11Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15EQT Press Office, press@ +46 8 506 55 33 This information was brought to you by Cision The following files are available for download: PR_Jacob Wallenberg Jr proposed as new Board member of EQT AB_10.03.25 DSC00082 View original content: Sign in to access your portfolio
