Sunday, February 5, 2017

Favoured directors disapprove of the widening – Västerbottens-kuriren (the Courier)

Economy. They belong to the richest, but says it still does not like the development with increased income inequality. Sweden’s börsdirektörer see the cracks in society and want to see investments in education and training.


Ericsson’s newly appointed director Börje Ekholm receives a base salary of sek 14.2 million. The possibility of a long-term bonus.

SEB’s outgoing ceo Annika Falkengren had in 2015, a total declared income, including remuneration from the directorships, at 25 million.

Nordea’s ceo Casper von Koskull has a base salary of 12.2 million plus the option to bonus.

Karl-Johan Persson, ceo of H&M, has a salary of 15 million. In addition, he is a major shareholder in familjeimperiet. Only for the past year he received the dividend of 117 million.

Sources: BIS, Bloomberg, TT

In the wake of brexit and Donald Trump’s election victory in the united states the widening gaps in society, both in Sweden and abroad, come in the day – that the gaps between the elite and the people have been a cause of the election results.

It also believes the economic elite. Ericssonchefen Börje Ekholm is one of them. He admits although he is fortunate. But he does not think that it is good if society pulled apart.

— It is good that this is starting to be discussed, ” he says.

Retraining, education and a place in the labor market "is an important thing in society", according to ms Ekholm.

— Education system is extremely important. . . And that is not excluded from the labour market, ” he says.

Blended schools

More mixed schools was good, it meant that they had very good and those who had the less good got to know each other, think SEB’s outgoing ceo Annika Falkengren.

— With wider gaps so it gets to live in different places and go to different schools. . . It is clear that there are concerns about how to handle this so that we have a good country and not live in different worlds. I feel that american that it is close to me heart, ” says Annika Falkengren.

She thinks that the society should invest in education and housing, more rental properties, and a developed infrastructure that makes it easier to commute between jobs and housing.

— It has never been cheaper to build than now, argues Falkengren.

Need to grab the

Teliasonera ceo Johan Dennelind also see the risks of increasing inequalities.

— Clearly there is – that there are tensions in society, that there will be civil unrest, it becomes polarized societies. It looks we are still several quarters. There is nothing that we can or should turn a blind eye to. We must take hold of, ” he says.

To allocate the era of globalisation, the profits better is the core issue, consider Nordea’s ceo Casper von Koskull.

” We should all be responsive in the issue of those who feel that they are not involved in the global development. But, globalization has taken a billion people out of poverty, the answer is not to stop globalization but we must spread the better.

Lower wages

To get all of the work is an important part in the development:

— these are sensitive issues, particularly perhaps when it comes to immigrants. We have a system which basically keeps them at home. They must enter the labour market. I am not a politician, but I think that it is better to get to work, even if it is with a little lower salary. Work brings self-esteem. But to put people in a town somewhere, and say, "we pay but stay at home", it isn’t going to work, ” says von Koskull.

Klädjätten H&M’s ceo Karl-Johan Persson think that Trumps policy leads to more tension.

— the widening is not good, the whole debate is concerned. Not only in Sweden but also other countries are the right-wing winds blowing, and it is not good. I think that what we see in the united states linked to the entry ban is directly counterproductive. Think it will lead to more tension. It is disappointing and even counterproductive for the economy, ” says H&M manager.


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