The challenges giant Lundberg “- Swedish Dagbladet

It has almost gone Inflation in the word “historical” when it comes to the power struggle and director chaos of Industrivärden Sphere in the wake of the SCA scandal. But now is the time to use it again. Three weeks ago there was uproar at SCA’s meeting – now it was the investment company’s tour of a historic event.

Never before has Sweden’s next largest sphere of power avpolletterat both CEO and chairman at the same time. And never before have they also left the same day. But it happened today, Wednesday, when both Sverker Martin-Löf, Anders Nyrén had his farewell performance. The meeting was a remarkable exercise in total disagreement and open quarrels between the old and the new rulers.

Well, the new , the leaders remained really the most in the background while Sverker Martin-Löf went to attack against Fredrik Lundberg and Pär Boman. The shareholders were given in detail told how Lundberg and Boman gone behind his back and the whole Industrivärden’s board when late in the process decided to poke Anders Nyrén, according to Sverker Martin-Löf.

Fredrik Lundberg was sitting on the first line, 25 meters from Sverker Martin-Löf the rostrum. He did not flinch.

Finally – when the meeting was over after just over two hours it was Fredrik Lundberg’s turn to step onto the rostrum. Sverker Martin-Löf had expressly declined farewell, but Fredrik Lundberg suggested despite the applause of Sverker Martin-Löf and his work in the company. Now it was Sverker Martin-Löf’s lucky not to move a muscle. Quiet and resolute, he received applause.

Now, Fredrik Lundberg new king of the hill, with Handelsbanken, which remained the largest shareholder. The challenges are huge – Industrivärden today is a company that is in large part lies in ruins. Not in terms of results but in terms of image.

Sphere must rapidly recruit new leaders and Board members of portfolio companies. Therefore, the news that Johan Molin, President and CEO of Assa Abloy, taking the club in Sandvik good news. It’s that kind of established and documented successful managers Industrivärden sphere must attract.

What happens and what Fredrik Lundberg’s actual plan is – it is shrouded in mystery. Fredrik Lundberg was often described as stingy and long term. There are good. Cunning and power interested are other common descriptions of him. It is not quite as appealing.

Client Son from Norrköping is from now chairman of the five listed companies with a market capitalization of over several hundred billion. He is the new Swedish Wallenberg. Unfortunately, we know from experience that it is difficult to trust what he says.

When he made his entry in Industrivärden Sphere 2002 he dismissed all claims to power. And when he was interviewed a few weeks ago, he gave Anders Nyrén its full support as the new Chairman of Industrivärden. Today we know how it went.