There are no irregularities behind Lorenzo Grabaus sudden ceo departure from Kinnevik, which is due to the company moving into a new phase. Now, we need a leader with more practical experience of digital konsumenttillvända activities than the former investmentbankiren have. It says Tom Boardman, chairman of the board, to the News agency Directly on Wednesday morning.
“the Strategy to become a leading konsumenttillvänt company, with a focus on mobile, digital business with a focus on health and financial services is fixed. But what we need now is a much more long-term vision for what the Kinnevik should be far into the future. Given the markets we compete in, and giants such as Google, Amazon and Facebook acting there, we believe that we need a greater focus on and a deeper understanding of markets, consumers and technology,” he says.
Tom Boardman highlights several important and successful transactions during the Lorenzo Grabaus command: ipos were by Rocket Internet and Zalando as well as the divestment of the holding in the Russian Blocketkopian Avito, under Lorenzo Grabaus command.
Kinnevik’s chairman of the board continues:
“The kind of experience – deep understanding of consumer brands and behaviour, technology and extensive operational experience – we need to, there are probably only of the one who acquired it through detailed practical operational experience.”
The former investmentbankiren had a clear mandate to consolidate Kinnevik, sums up Tom Boardman, something Lorenzo Grabau also scored.
Styrelsebeslutet to allow the ceo to step down was taken during a board meeting that began on Tuesday night and will continue today, ” he says also, and because of börsreglementet needed the decision to be communicated as soon as possible. A severance pay in accordance with what is stated in the contract (and on page 61 in the annual report) will be paid.
“It looks very suddenly, but it is absolutely not. The board has considered this for some time, and both we and Lorenzo have thought of and worked with it,” says Tom Boardman, and dismiss determined that there would be no kabinettsfråga that triggered the decision, or that there are some irregularities or förtroendebrott in the background.
“Absolutely nothing of the sort. We have the greatest confidence in Lorenzo Grabau, and he continues on the boards”, says the chairman of the board, and says that the re-election at the spring meetings will be the subject of discussions in valberedningarna, where Lorenzo Grabau can be expected to have a preference.
News agency, Directly are also looking for Lorenzo Grabaus own comments.
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