Category Archives: People

Bob More Joins Indico Data as Chief Revenue Officer

.406 Venture

BOSTON, Dec. 8, 2021  — Indico Data, the unstructured data company, today announced the appointment of Bob More to chief revenue officer (CRO). As CRO, More is responsible for leading go-to-market field operations, including sales, ecosystem and alliances, customer success, solutions consulting, solutions engineering and revenue operations, further accelerating Indico’s rapid adoption among the Fortune 500. An experienced revenue executive, Mr. More’s track record of building and scaling go-to-market teams and driving topline growth spans more than 20 years, with a particularly strong focus in data and analytics.

“Indico Data has grown rapidly during the past 18 months, processing more than 10 billion unstructured assets through our platform annually,” said Tom Wilde, CEO of Indico Data. “Bob joins us at a pivotal moment in our development, and his deep experience in scaling teams and driving revenue will be an exceptional addition to our already strong leadership team.”

More was previously global head of field operations for Stardog, a knowledge graph platform that enables enterprises to unify all their data, where he was responsible for building and leading all revenue activities, including sales, alliances and customer success. Prior to that, he was senior vice president of global field operations at Reltio, helping scale the company over 25 fold during his tenure. He also spent time as a senior revenue executive at SAP, responsible for driving sales of the entire SAP and Business Objects portfolio, as well as at Informatica, where he built and managed Informatica’s strategic account sales team focused on enterprise data integration solutions.

More is an active member of several mentoring programs, including The Honor Foundation, Nashville Entrepreneur Center and GrowthX Academy, all of which seek to provide individuals with professional development and support in their career journey.

“As large enterprises pursue digital transformation initiatives, they’re limited because 85% of all enterprise data is unstructured, out of reach of traditional RPA, CRM, ERP and BI solutions,” said Bob More, CRO at Indico Data. “The Indico Platform takes a unique approach to AI and ML to solve this problem, allowing these organizations to extract previously unattainable value from their large and expensive systems of record, dramatically increasing overall business insight and operational efficiency.

I’m thrilled to join this highly innovative company and work with Tom and the rest of the Indico Data team as we lead the market in solving the critical problem around unstructured data.”

The Indico Unstructured Data Platform

Built around a breakthrough human AI and machine teaching approach, the Indico Unstructured Data Platform is the first and only solution to address unstructured data that doesn’t rely on brittle and expensive rules or template-based approaches. While according to Gartner, only 20 percent of AI-enabled projects reach deployment, Indico’s customers consistently experience a greater than 90% success rate. This results in up to an 85% reduction in process time, a 400% increase in process capacity, and an 80% reduction in resources required.

For more information on the Indico Unstructured Data Platform, or to schedule a demo, please visit www.indicodata.ai.

About Indico Data

Indico Data is the unstructured data company. With its innovative AI- and ML-powered software platform, enterprises of all sizes can automate, analyze, and apply unstructured data –– documents, emails, images, videos and more –– to a wide range of enterprise workflows. The Indico Unstructured Data Platform enables companies to gain rich insight and maximize the value of their existing software investments, including RPA, CRM, ERP, and BI, by enabling these systems to work with unstructured data. Indico serves leading insurance, financial services, banking, real estate and other data-intensive enterprises, including MetLife, PNC Bank, Chatham Financial, Cushman & Wakefield and Waste Management. The company is headquartered in Boston, MA. Visit www.indicodata.ai to learn more.

Media contact:
Claudine Caruso
Guyer Group for Indico Data
indico@guyergroup.com

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CD&R Appoints Jon Selib, former Pfizer Policy & Public Affairs Leader, as Global External Affairs Leader

Clayton Dubilier Rice

Jon Selib Headshot
Tuesday, December 21, 2021
New York

Clayton, Dubilier & Rice today announced the appointment of Jon Selib, former Senior Vice President of Global Policy & Public Affairs at Pfizer, as Managing Director and Global External Affairs Leader. In his new role, which will take effect in March 2022, Mr. Selib will lead CD&R’s engagement with key external stakeholders, including media, government, and trade associations, and work with CD&R portfolio companies on initiatives to improve communications and public affairs outreach.

“Jon is a highly respected external affairs leader, having advised large multinational corporations and financial sponsors on public positioning, as well as navigating a host of complex and high-profile negotiations in government over his career,” said Nate Sleeper, CD&R’s Chief Executive Officer. “We believe our firm and portfolio companies will benefit from his deep experience and strategic counsel as they confront an ever more competitive and sophisticated landscape.”

“CD&R has a well-earned reputation for delivering results for its external partners, creating jobs, and benefitting the communities where it operates and invests,” said Mr. Selib. “I am thrilled to be joining a team at CD&R that is committed to integrity and growing businesses in a socially responsible manner.”

At Pfizer, Mr. Selib led a global team of professionals focused on reputation, public affairs and policy initiatives with governments and other key external stakeholders while serving as a top advisor to the CEO and other Pfizer executives during the rollout of the COVID-19 vaccine and oral anti-viral treatment. Prior to joining Pfizer, he was a Partner at Hakluyt & Company, a London based commercial strategy firm, leading their consulting work with US corporate and financial sponsor clients spanning a broad range of industries. Before entering the private sector, Jon spent 12 years in the United States Senate, his latter role as Chief of Staff to Senator Max Baucus, the Chairman of the Senate Finance Committee.  As Chief of Staff, Jon managed political and stakeholder engagement for the Affordable Care Act and was closely involved in the development of broader healthcare, tax, international trade, and economic policy. Previously he served as the Senator’s Legislative Director and Counsel, and as a Tax and Investigative Counsel on the Senate Finance Committee.

Mr. Selib is President of the board of Ramapo for Children, a charitable organization dedicated to helping children with social, emotional, and learning needs, and holds a B.A. with honors from Trinity College (CT) and a J.D. from the American University Washington College of Law.

About Clayton, Dubilier & Rice
Clayton, Dubilier & Rice is a private investment firm with a strategy predicated on building stronger, more profitable businesses. Since inception, CD&R has managed the investment of approximately $40 billion in more than 100 companies with an aggregate transaction value of more than $175 billion. The Firm has offices in New York and London. For more information, please visit www.cdr-inc.com.

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Aino Nuotio appointed legal counsel for Tesi’s HR & Compliance team

Aino Nuotio has been appointed legal counsel for Tesi’s HR & Compliance team as of December 15th, 2021. Aino joins Tesi from the Ministry of Finance, where she has worked primarily on tasks related to the prevention of money laundering and terrorist financing. Aino holds a Master of Laws from the University of Helsinki, and she has specialised in financial law, criminal law and communications and information law in her studies.

Welcome aboard, Aino!

Tesi (Finnish Industry Investment Ltd) is a state-owned investment company that wants to raise Finland to the front ranks of transformative economic growth by investing in funds and directly in companies. We invest profitably and responsibly, hand-in-hand with co-investors, to create the world’s new success stories. Our investments under management total 2.1 billion euros.  www.tesi.fi | @TesiFII

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KKR Completes Acquisition of Bettcher Industries and Names Dan Daniel Chairman

KKR

NEW YORK–(BUSINESS WIRE)– Bettcher Industries (“Bettcher” or the “Company”), a leading manufacturer and supplier of food processing equipment and associated aftermarket parts and consumables, and KKR, a leading global investment firm, today announced the completion of KKR’s acquisition of Bettcher from MPE Partners.

Effective upon the transaction close, Dan Daniel, a KKR Executive Advisor, will assume the role of Chairman of Bettcher. Mr. Daniel will support Tim Swanson, CEO of Bettcher, in setting the strategic direction of the company and in overseeing Bettcher’s operating performance.

“Bettcher is a great business and an iconic brand, and I am honored to support the Company in its growth ambitions from here,” said Mr. Daniel. “Through continued growth and accretive acquisitions, we can together build Bettcher into a scaled leader in food processing automation equipment and I look forward to working alongside the Bettcher management team and KKR to do exactly that,” said Mr. Daniel.

Mr. Daniel has three decades of experience leading U.S. industrial companies, most recently serving as an Executive Vice President at Danaher from 2008 through March 2020. During his 14 years as an Executive Officer at Danaher, Mr. Daniel directly managed Danaher’s Industrial Technologies and Life Sciences portfolios until 2017, and, from 2017 until his retirement in March 2020, directly managed the company’s Diagnostics and Dental segments.

“I am excited to be partnering with KKR and Dan as they share our vision at Bettcher of driving continued innovation while providing outstanding support to our customers. Together, we will be able to build upon Bettcher’s legacy to partner with our customers in new and expanded ways,” said Mr. Swanson.

KKR will also be supporting Bettcher in implementing KKR’s broad-based employee engagement model at the Company. Since 2011, KKR’s Industrials team has focused on employee engagement as a key driver in building stronger businesses. The strategy’s cornerstone has been to allow all employees to take part in the benefits of ownership by granting them the opportunity to participate in the equity return alongside KKR. Beyond sharing ownership, KKR also supports employee engagement by investing in training across multiple functional areas and by partnering with the workforce to give back to the community.

About Bettcher Industries

Headquartered in Birmingham, Ohio, Bettcher is a leading developer and manufacturer of innovative equipment in the food processing and medical device industries. The Bettcher portfolio includes the following: Bettcher, a designer and manufacturer of handheld trimmers, tools, and cutting consumables for all protein applications; Cantrell-Gainco, a manufacturer of processing equipment and yield enhancement and yield tracking systems for various protein operations; ICB Greenline, an aftermarket replacement parts and services company focused on poultry processing; and, Exsurco Medical, a leading-edge medical device company that provides innovative products and services to transform surgical grafting, debridement, and recovery outcomes for patients with burn and trauma wounds.

About KKR

KKR is a leading global investment firm that offers alternative asset management and capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of The Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com and on Twitter @KKR_Co.

For Bettcher Industries:
Bryan Hesse
(440) 204-3291
BryanHesse@bettcher.com

For KKR:
Cara Major or Julia Kosygina
(212) 750-8300
media@kkr.com

Source: KKR

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Indico Data CEO Tom Wilde Joins Forbes Technology Council

.406 Venture

BOSTON, Dec. 15, 2021  — Indico Data, the unstructured data company, announced today that the company’s CEO, Tom Wilde, has joined the Forbes Technology Council, an invitation-only community for world-class CIOs, CTOs, and technology executives.

Tom was selected by a review committee based on the depth and diversity of his experience. Criteria for acceptance includes a track record of successful business growth metrics, as well as personal and professional achievements and honors.

“We are honored to welcome Indico Data CEO Tom Wilde into the community,” said Scott Gerber, founder of Forbes Councils, the collective that includes Forbes Technology Council. “Our mission with Forbes Councils is to bring together proven leaders from every industry, creating a curated, social capital-driven network that helps every member grow professionally and make an even greater impact on the business world.”

As a member of the Council, Tom gains access to a variety of exclusive opportunities designed to help him reach peak professional influence. He will connect and collaborate with other respected local leaders in a private forum. Tom will also be invited to work with a professional editorial team to share his expert insights in original business articles on Forbes.com, and to contribute to published Q&A panels alongside other experts.

Finally, Tom will benefit from exclusive access to vetted business service partners, membership-branded marketing collateral, and the high-touch support of the Forbes Councils member concierge team.

“I’m proud to be a member of, and eager to contribute to, the Forbes Tech Council community,” said Tom Wilde, CEO at Indico Data. “In my short time as a member, I have already seen the dynamic and helpful interactions among experts, as we all share the common goal of bringing relevant and powerful new technologies to light for our customers.”

About Forbes Councils
Forbes Councils is a collective of invitation-only communities created in partnership with Forbes and the expert community builders who founded Young Entrepreneur Council (YEC). In Forbes Councils, exceptional business owners and leaders come together with the people and resources that can help them thrive.

For more information about Forbes Technology Council, visit forbestechcouncil.com. To learn more about Forbes Councils, visit forbescouncils.com.

For more information on the Indico Unstructured Data Platform, or to schedule a demo, please visit www.indicodata.ai.

About Indico Data
Indico Data is the unstructured data company. With its innovative AI- and ML-powered software platform, enterprises of all sizes can automate, analyze, and apply unstructured data –– documents, emails, images, videos and more –– to a wide range of enterprise workflows. The Indico Unstructured Data Platform enables companies to gain rich insight and maximize the value of their existing software investments, including RPA, CRM, ERP, and BI, by enabling these systems to work with unstructured data. Indico serves leading insurance, financial services, banking, real estate and other data-intensive enterprises, including MetLife, PNC Bank, Chatham Financial, Cushman & Wakefield and Waste Management. The company is headquartered in Boston, MA. Visit www.indicodata.ai to learn more.

Media contact:
Claudine Caruso
Guyer Group for Indico Data
indico@guyergroup.com

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ThreatX Names Tom Axbey to its Board of Directors

.406 Venture
Boston, MA – December 14, 2021 – ThreatX, the leading web application and API protection (WAAP) platform, today announced the appointment of Tom Axbey to its board of directors. Axbey will serve as an independent board member, assisting the company’s leadership team as ThreatX continues its expansion into the WAAP market. “ThreatX partners with customers around the world to ensure that their web applications and APIs are securely protected against today’s increasingly complex threat landscape,” said Gene Fay, CEO at ThreatX. “As the demand for WAAP coverage continues to accelerate, I’m thrilled to welcome Tom to our board of directors. His experience will prove invaluable to us as we scale the business in 2022 and beyond to build the most comprehensive WAAP platform available in the industry.” 

Axbey has demonstrated an ability to drive growth and build operational excellence in high-growth companies. Most recently, he served as VP & GM of CloudHealth by VMware and served as its CEO prior to its acquisition by VMware. Prior to CloudHealth, Tom served as CEO of Rave Mobile Safety, where he led its turnaround, growth and acquisition. He has also held leadership roles at IBM, Micromuse, Quallaby Corp and American Internet Corporation.  

“I’m excited to leverage my enterprise technology leadership experience to help guide and influence yet another highly-disruptive technology,” said Axbey. “ThreatX is well positioned to seize the web application and API security market with its innovative WAAP platform solution and its experienced team of industry leaders. As the newest member of ThreatX’s board of directors, I look forward to accomplishing great things together.” 

In addition to ThreatX, Axbey serves on several other boards, including Language I/O, Armoured Things, BluStream, Interactions and InSpace and is an operating partner at large for GutBrain Ventures. 

ThreatX was recently named a Visionary in the 2021 Gartner® Magic Quadrant™ for Web Application API Protection. To learn more about the ThreatX WAAP platform, please visit www.threatx.com. 

About ThreatX

ThreatX’s web application and API protection (WAAP) platform makes the world safer by protecting web applications and APIs from all threats, including DDoS attempts, bot attacks, API abuse, exploitations of known vulnerabilities, and zero-day attacks. Its multi-layered detection capabilities accurately identify malicious actors and dynamically initiate appropriate action. ThreatX effectively and efficiently protects web applications and APIs for companies in every industry across the globe. For more information, visit: https://www.threatx.com/.

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Jiri Zrust joins CVC Strategic Opportunities as Head of Infrastructure

CVC Capital Partners

CVC further strengthens expertise in its Strategic Opportunities strategy with appointment of Zrust as Partner and Head of Infrastructure

Jiri joins from Macquarie Group’s infrastructure funds business in London where he spent 10 years. Most recently he was a Senior Managing Director and Head of Energy Transition and was leading country coverage and origination across infrastructure and real assets in Europe. Before joining Macquarie, he worked for 17 years in the transport and logistics sector. Jiri will join in March 2022.

CVC’s Strategic Opportunities platform invests in high-quality, stable businesses with longer investment horizons. The strategy focuses on corporate private equity investments with a lower risk profile and often partners with founding families or foundations looking for a long-term partner.

Jiri’s appointment reflects an increasing strategic emphasis now being placed on investment opportunities within the broader infrastructure space coupled with a growing interest within CVC for energy transition.

Lorne Somerville, Managing Partner, Co-Chair and Co-Head of CVC Strategic Opportunities said: “I’m delighted that Jiri will join us to lead our infrastructure-plus investment platform. This is a key component of CVC Strategic Opportunities as it expands its focus. His experience and track record will prove invaluable in driving the growth of this strategic pillar.”

Jiri Zrust, added: “CVC Strategic Opportunities has a great team and investment track record and I am looking forward to adding value across the whole strategy. It is particularly exciting to be able broaden CVC’s focus on new investment opportunities in the cross-over between infrastructure and core private equity as well as in the energy transition space.”

Categories: People

Kristoffer Melinder is named one of the 50 most influential people in European private equity for the fourth time

Nordic Capital
December 10 2021
Kristoffer Melinder is named one of the 50 most influential people in European private equity for the fourth time Image

 

  • Kristoffer is credited for a focused, sustainable investment strategy and development under his leadership 
  • Strong year for Nordic Capital, which completed its second remote fundraising with the close of EUR 1.2 bn Nordic Capital Evolution, announced fourteen platform deals, made seven full or partial exits and maintained intense focus on active ownership

Financial News and Private Equity News has again named Kristoffer Melinder, Managing Partner, Nordic Capital Advisors, as one of Europe’s 50 Most Influential People in Private Equity. Kristoffer has been included in this list every year since it was first published four years ago. Honorees in this year’s list represent the top dealmakers, investors, business leaders and advisers shaping the European private equity market, selected for their leadership and firepower within their firms and the wider market over the past 12 months.

The list highlights how Kristoffer’s leadership has enabled the evolvement of a robust and sustainable investment strategy for Nordic Capital, today with assets under management of EUR 24 bn, supported by the careful growth and development of the organisation with a team of 160 people (including Nordic Capital Advisors) now operating across ten offices.

Financial News and Private Equity News credit Nordic Capital for closing its EUR 1.2 bn mid-market focused fund Nordic Capital Evolution in June 2021, and its largest-ever fund, Nordic Capital X, at EUR 6.1 bn in September 2020. The list also recognises the momentum behind Nordic Capital’s transactional activity, with 14 platform acquisitions and seven full or partial exits made in the last 12 months, including the listings of Cary Group, Cint and Nordnet.

Having joined the business from JP Morgan in 1998, Kristoffer is recognised as a champion of sustainable investment. During his leadership of Nordic Capital Advisors, Nordic Capital has received A+ scores from the United Nations’ Principles for Responsible Investment (UNPRI) for its ESG work.

Kristoffer Melinder commented: “2021 has been another landmark year for Nordic Capital, with Nordic Capital Evolution successfully launched, a high pace of investment and exit activity and an intense focus on active ownership across Nordic Capital’s portfolio of market-leading businesses. It is a great honour to be recognised a fourth time in this list of very talented individuals, but the achievements are collective, and this recognition is very much shared with the whole team. This success is a direct result of their talent, dedication and passion and I am delighted that their commitment has been recognised in this way.”

Note: The 50 “most influential” people were selected by Financial News and Private Equity News, who conducted thorough market research to assess candidates’ firepower in Europe, their recent track records and their wider industry profile.  

 

Press contact:

Nordic Capital
Katarina Janerud, Communications Manager
Nordic Capital Advisors
Tel: +46 8 440 50 50
e-mail: katarina.janerud@nordiccapital.com

 

About Nordic Capital

Nordic Capital is a leading private equity investor with a resolute commitment to creating stronger, sustainable businesses through operational improvement and transformative growth. Nordic Capital focuses on selected regions and sectors where it has deep experience and a long history. Focus sectors are Healthcare, Technology & Payments, Financial Services, and selectively, Industrial & Business Services. Key regions are Europe and globally for Healthcare and Technology & Payments investments. Since inception in 1989, Nordic Capital has invested more than EUR 19 billion in over 120 investments. The most recent entities are Nordic Capital X with EUR 6.1 billion in committed capital and Nordic Capital Evolution with EUR 1.2 billion in committed capital, principally provided by international institutional investors such as pension funds. Nordic Capital Advisors have local offices in Sweden, the UK, the US, Germany, Denmark, Finland, Norway and South Korea. For further information about Nordic Capital, please visit www.nordiccapital.com

“Nordic Capital” refers to, depending on the context, any, or all, Nordic Capital branded entities, vehicles, structures and associated entities. The general partners and/or delegated portfolio managers of Nordic Capital’s entities and vehicles are advised by several non-discretionary sub-advisory entities, any or all of which are referred to as “Nordic Capital Advisors”.

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Blackstone Announces Two New Senior Leadership Hires in BAAM Business

Blackstone

  • BAAM to manage assets of CAM Capital

New York, December 9, 2021 – Blackstone (NYSE:BX) today announced that David Ben-Ur and Atish Nigam have joined the firm in senior leadership roles in the Blackstone Alternative Asset Management (“BAAM”) business. David will be the Chief Investment Officer of BAAM’s hedge fund solutions business (“BPS”) and Atish will serve as the Chief Investment Officer of BAAM’s special situations investing business (“BSOF”).

In conjunction with Mr. Ben-Ur’s hire, Blackstone also announced BAAM agreed on preliminary terms to manage the assets of CAM Capital, Bruce Kovner’s family office.

Jon Gray, Blackstone President & COO, said: “These announcements demonstrate the tremendous momentum we have in BAAM. David and Atish are exceptional investors with great track records of managing money and delivering strong, risk-adjusted returns through market cycles. It is also an incredible honor to have the opportunity to manage the assets of CAM Capital, as Bruce is a pioneer in the hedge fund industry.”

Joe Dowling, Blackstone Global Head of BAAM, said: “David and Atish will be key leaders in BAAM and are excellent additions to the team. Their experience and networks will help us make better investments and support more managers across asset classes and investing styles. This is very positive news for Blackstone and our investors.”

David Ben-Ur, Chief Investment Officer of the BPS platform, said: “With the firm’s unique scale and expertise, I look forward to working with the team to continue to drive BAAM’s leadership in the hedge fund solutions market. BPS is the core business within BAAM and exemplifies how hedge fund managers can deliver attractive returns and the important role these strategies play in a balanced investment portfolio.”

Atish Nigam, Chief Investment Officer of BSOF, said: “I am excited to join the team and help drive new investment ideas to deliver strong absolute returns for BSOF and its investors. I look forward to working with and learning from Joe and the many other talented members of the BAAM team.”

BPS was launched in 1990 and today is the largest discretionary allocator to hedge funds in the world managing approximately $60 billion of assets (out of BAAM’s $81 billion total). BPS includes both a commingled fund business and a customized solutions business.

The BSOF platform was launched in 2011 and has over $13 billion of assets, including customized, commingled and co-investment solutions.

Mr. Ben-Ur joins from CAM Capital, where he served as Chief Investment Officer, and managed assets exclusively for entities related to Mr. Bruce Kovner and its senior employees.  He also served as Chief Investment Officer of The Kovner Foundation, which manages the personal philanthropy of the Kovner family.  Prior to joining CAM Capital, he was a Partner and Co-Chief Investment Officer at Corbin Capital Partners. He has previously worked at Goldman Sachs Asset Management and Fidelity Management & Research Company.  Mr. Ben-Ur received an MPP in International Trade and Finance from the John F. Kennedy School of Government at Harvard University and BA from Tufts University where he graduated magna cum laude.

Mr. Nigam joins from Appaloosa Management, an investment firm run by Mr. David Tepper, where he was a senior analyst and investor for nearly a decade. At Appaloosa, he focused on combining a top-down world-view with bottom-up, independent, fundamental analysis to identify long-term investment theses across asset classes and capital structures. Mr. Nigam has previous experience at SAC Capital, FTV Capital and McKinsey & Company. He received an MBA from Harvard University, undergraduate and masters degrees from the Massachusetts Institute of Technology, and is a CFA Charterholder.

Mr. Ben-Ur and Mr. Nigam will start at the firm at the beginning of 2022.

About Blackstone
Blackstone is the world’s largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $731 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com. Follow Blackstone on Twitter @Blackstone.

Media Contact
Paula Chirhart
+1-347-463-5453
paula.chirhart@blackstone.com

Categories: People

Kinnevik Extends Management Team With Chief Strategy Officer Samuel Sjöström

Kinnevik AB (publ) (“Kinnevik”) today announced that Samuel Sjöström has been appointed Chief Strategy Officer and member of Kinnevik’s management team.

Samuel Sjöström joined Kinnevik in 2013 and has worked across all of Kinnevik’s functions and teams, most recently as Head of Strategy. In his role as Chief Strategy Officer, he will work closely to Kinnevik’s CEO on the development, monitoring and implementation of Kinnevik’s corporate strategy as it builds on its position as Europe’s leading listed growth investor.

Georgi Ganev, Kinnevik’s CEO, commented: “Samuel has been instrumental to Kinnevik’s transformation over the last years, and has a unique set of insights into our strategies, day-to-day business, values and culture. I look forward to working even closer with him as we continue to build for the future and deliver on our promises to our stakeholders.”

For further information, visit www.kinnevik.com or contact:

Torun Litzén, Director Investor Relations
Phone +46 (0)70 762 00 50
Email press@kinnevik.com

Kinnevik’s ambition is to be Europe’s leading listed growth investor, and we back the best digital companies for a reimagined everyday and to deliver significant returns. We understand complex and fast-changing consumer behaviours, and have a strong and expanding portfolio in healthtech, consumer services, foodtech and fintech. As a long-term investor, we strongly believe that investing in sustainable business models and diverse teams will bring the greatest returns for shareholders. We back our companies at every stage of their journey and invest in Europe, with a focus on the Nordics, and in the US. 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.

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