Handelsbanken should keep an eye on SCA – Expressen

Handelsbanken has the eyes of the storming SCA.

This was announced by newly appointed chairman Pär Boman under the Bank’s General Meeting – as the major shareholder, reports the Swedish newspaper Svenska Dagbladet.

– The shareholders and the public have asked legitimate questions about what happened. I think those who have asked the questions also entitled to a thoughtful response, he told the newspaper.

Handelsbanken, which stands as a major shareholder in the storming SCA, paraded during Wednesday’s general meeting around the newly elected President Pär Boman before the audience at the Winter Garden – Grand Hôtel in Stockholm. Boman, who left his place as CEO to step up as chairman of the bank – with SCA Hank – promised to follow closely the two ongoing investigations regarding the company, Svenska Dagbladet reports.

– They are definitely important . Shareholders and the public have set legitimate questions about what happened. I think those who have asked the questions also entitled to a thoughtful answer, he told Swedish newspaper Svenska Dagbladet after the meeting.

severely criticized

He added that Handelsbanken had every reason to engage in matter as the major shareholder of SCA

– Then we’ll see which actions and activities we think are necessary to implement after the investigations have presented their results.

Meanwhile, the newspaper reported, received the outgoing President Anders Nyren run the gauntlet when he again criticized by Shareholders Association.

– Do not make it further for the world’s best bank, said CEO Carl Rosén as a comment on the recent turmoil.

The atmosphere has previously been frosty between Anders Nyrén and newly appointed Pär Boman – then Boman chose to forego the impugned compensation arrangements, he was offered by Nyren, a prank that cost him 6 million annually.

Commented compensation scheme

A fact that Aktiespararnas Carl Rosen took advantage of the meeting, in that he invited the audience to applaud Boman, reports Svenska Dagbladet.

– Pär Boman has thankfully declined to the diseased compensation arrangements, he offered Anders Nyrén. For it is he worth an applause, he noted from the pulpit.

Previously, it was clear that Sverker Martin-Löf outgoing President of SCA and Industrivärden, as well as SCA’s kicked CEO Jan Johansson would leave Handelsbanken’s board.