search query: @author Wallace, C. P. / total: 4
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Author: | Wallace, C. P. |
Title: | Percy Barnevik's next act |
Journal: | Fortune
1997 : MAY, VOL. 135:12, p. 70-72 |
Index terms: | MANAGERS HOLDING COMPANIES STOCK MARKETS SWEDEN |
Language: | eng |
Abstract: | Members of Wallenberg family have chosen Percy Barnevik to become chairman of Investor, the family's holding company, which controls an estimated 45% of the capitalization of the Swedish stock market and some of the world's most famous brands. Under Barnevik's leadership Investor will squeeze more value out of its holdings with Barnevik's motto: get rid of the losers and create a healthy sense of urgency in the business that remain. Barnevik's role will be to help set an agenda for management at Investor-owned firms and then make sure they live up to their marching orders. |
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