Kinnevik AB (publ) ("Kinnevik") today announced that Samuel Sjöström will leave his position as Chief Financial Officer of Kinnevik at the end of August. Caspar Sjöstrand will then serve as CFO on an interim basis until a permanent replacement is appointed.
Caspar Sjöstrand joined Kinnevik in June as an Investment Manager after spending nearly eleven years working in the finance industry in London, firstly at Barclays Investment Bank and then at merchant bank BDT & MSD Partners International as an advisor and investment manager. Caspar has an MSc in Accounting & Financial Management from the Stockholm School of Economics.
Rubin Ritter, interim CEO of Kinnevik, commented: "I would like to start by thanking Samuel for the considerable contribution that he has made to Kinnevik's development over so many years. He is a highly valued colleague, well-respected leader and proven team-player. He has also been instrumental in helping lead Kinnevik through a period of substantial change in recent months. We have agreed that now is the right time for this change, and will ensure an orderly handover of Samuel's responsibilities between now and the end of next month. We wish him the very best for the future."
"I am delighted that Caspar has agreed to take on the interim role until we find a permanent replacement for Samuel. Caspar has a broad skills set that will be particularly relevant and useful as incoming CEO Helena Saxon develops Kinnevik's future direction and investment strategy."
Samuel Sjöström, Kinnevik CFO, commented: "Working for Kinnevik for the last 13 years has been a privilege and a defining part of my life, and I will miss the team a great deal. The time is now right for me to step away, and for new perspectives to help shape Kinnevik's next chapter."
For further information, visit www.kinnevik.com or contact:
Adam Makkonen, Interim Communications Lead
Phone: +46 (0)70 762 00 50
Email: press@kinnevik.com
Kinnevik is an active owner and partner, providing patient capital from our own balance sheet to technology-enabled growth businesses. Our founders are building tomorrow's industry leaders, making everyday life easier and better for people around the world. We invest across all stages of a company's growth journey, focused on creating long-term shareholder value. Kinnevik was founded in 1936 by the Stenbeck, Klingspor, and von Horn families. Kinnevik's shares are listed on Nasdaq Stockholm's list for large cap companies under the ticker codes KINV A and KINV B.
