Cevian Capital

Cevian Capital announces a c. EUR 1.2 billion investment (c. 1.3% ownership) in UBS Group AG

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星期三, 十二月 20, 2023
Cevian Capital, Morgan Stanley, Credit Suisse, CHF, Parthian Partners Limited, UBS, Acquisition, Capital, Pharmaceutical industry

Cevian Capital announces a c. EUR 1.2 billion investment (c. 1.3% ownership) in UBS Group AG

Key Points: 
  • Cevian Capital announces a c. EUR 1.2 billion investment (c. 1.3% ownership) in UBS Group AG
    Cevian Capital announces a c. EUR 1.2 billion [1] investment (c. 1.3% ownership [2] ) in UBS Group AG
    Cevian Capital II Master Fund L.P., Cevian Capital Partners Limited and Cevian Capital II Co-Investment Fund L.P. today announce a holding in UBS Group AG corresponding to c. 1.3% of the total number of shares issued.
  • Cevian Capital Managing Partner and co-founder Lars Förberg comments:
    “Cevian sees significant value potential in UBS.
  • The board and management team are doing an excellent job integrating Credit Suisse and we have been impressed by their commitment to further improve UBS.
  • Strengthened by the acquisition, UBS is the largest global wealth manager with unique market positions and financial strength.

Notice of Annual General Meeting

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星期二, 二月 14, 2023
CFO, Illinois Tool Works, Sustainability Accounting Standards Board, Precision engineering, Divisional patent application, FAM, IPCO, Climate change, AFA, Total value of ownership, SEK, Audit committee, Investment, Disclosure, Capital, Euroclear, CDP, Research, Annual, SKF, IMI plc, ITW, Danske Bank, Remuneration, Committee, Annual general meeting, FAM AB, IMI, TVA, Holding company, Management, Risk management, Electrolux, Cevian Capital

Subject to resolution by the Annual General Meeting in accordance with this proposal, it is expected that Euroclear will distribute the dividend on Thursday, 30 March 2023.

Key Points: 
  • Subject to resolution by the Annual General Meeting in accordance with this proposal, it is expected that Euroclear will distribute the dividend on Thursday, 30 March 2023.
  • The Nomination Committee has informed the company about the following proposal:
    Item 2 - that Erik Sjöman is elected Chair of the Annual General Meeting;
    Item 12 - that the Board of Directors shall consist of ten members and no deputy members;
    Item 13 - that the Board members elected by the Annual General Meeting and not employed by the company, for the period up to the end of the next Annual General Meeting, receive a fee according to the following:
    a.
  • The Board of Directors has prepared a Remuneration report which is proposed to be approved by the Annual General Meeting.
  • At the Annual General Meeting in 2008 the SKF Group introduced a long-term performance share programme for senior managers and key employees.

Notice of Annual General Meeting

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星期二, 二月 14, 2023
CFO, Illinois Tool Works, Sustainability Accounting Standards Board, Precision engineering, Divisional patent application, FAM, IPCO, Climate change, AFA, Total value of ownership, SEK, Audit committee, Investment, Disclosure, Capital, Euroclear, CDP, Research, Annual, SKF, IMI plc, ITW, Danske Bank, Remuneration, Committee, Annual general meeting, FAM AB, IMI, TVA, Holding company, Management, Risk management, Electrolux, Cevian Capital

Subject to resolution by the Annual General Meeting in accordance with this proposal, it is expected that Euroclear will distribute the dividend on Thursday, 30 March 2023.

Key Points: 
  • Subject to resolution by the Annual General Meeting in accordance with this proposal, it is expected that Euroclear will distribute the dividend on Thursday, 30 March 2023.
  • The Nomination Committee has informed the company about the following proposal:
    Item 2 - that Erik Sjöman is elected Chair of the Annual General Meeting;
    Item 12 - that the Board of Directors shall consist of ten members and no deputy members;
    Item 13 - that the Board members elected by the Annual General Meeting and not employed by the company, for the period up to the end of the next Annual General Meeting, receive a fee according to the following:
    a.
  • The Board of Directors has prepared a Remuneration report which is proposed to be approved by the Annual General Meeting.
  • At the Annual General Meeting in 2008 the SKF Group introduced a long-term performance share programme for senior managers and key employees.

Nomination Committee's proposal for Board of Directors of AB SKF

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星期五, 二月 10, 2023
CFO, Illinois Tool Works, Investment, Divisional patent application, Precision engineering, IPCO, FAM, AB SKF, AFA, Capital, Annual, Research, Marcus Wallenberg, AB, SKF, IMI plc, ITW, Danske Bank, Committee, FAM AB, IMI, Management, Electrolux, Cevian Capital

GOTHENBURG, Sweden, Feb. 10, 2023 /PRNewswire/ -- SKF's Nomination Committee proposes Beth Ferreira, Therese Friberg, Richard Nilsson and Niko Pakalén as new Board members of AB SKF.

Key Points: 
  • GOTHENBURG, Sweden, Feb. 10, 2023 /PRNewswire/ -- SKF's Nomination Committee proposes Beth Ferreira, Therese Friberg, Richard Nilsson and Niko Pakalén as new Board members of AB SKF.
  • She has previously held several senior positions, including as group president for several different business areas for Illinois Tool Works (ITW).
  • Richard Nilsson is Investment Director at FAM AB and board member of Stora Enso Oyj, IPCO AB, GROPYUS AG and Cinder Invest AB.
  • The Nomination Committee proposes that the Board of Directors shall consist of ten members and no deputy members.

Nomination Committee's proposal for Board of Directors of AB SKF

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星期五, 二月 10, 2023
CFO, Illinois Tool Works, Investment, Divisional patent application, Precision engineering, IPCO, FAM, AB SKF, AFA, Capital, Annual, Research, Marcus Wallenberg, AB, SKF, IMI plc, ITW, Danske Bank, Committee, FAM AB, IMI, Management, Electrolux, Cevian Capital

GOTHENBURG, Sweden, Feb. 10, 2023 /PRNewswire/ -- SKF's Nomination Committee proposes Beth Ferreira, Therese Friberg, Richard Nilsson and Niko Pakalén as new Board members of AB SKF.

Key Points: 
  • GOTHENBURG, Sweden, Feb. 10, 2023 /PRNewswire/ -- SKF's Nomination Committee proposes Beth Ferreira, Therese Friberg, Richard Nilsson and Niko Pakalén as new Board members of AB SKF.
  • She has previously held several senior positions, including as group president for several different business areas for Illinois Tool Works (ITW).
  • Richard Nilsson is Investment Director at FAM AB and board member of Stora Enso Oyj, IPCO AB, GROPYUS AG and Cinder Invest AB.
  • The Nomination Committee proposes that the Board of Directors shall consist of ten members and no deputy members.

Ericsson Nomination Committee´s proposal for board of directors. Jan Carlson proposed as new Chairman

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星期三, 一月 11, 2023
Motorola, Partnership, Absolute Software Corporation, Good Technology, Ericsson, Centre of Geographic Sciences, Annual general meeting, College of Arts and Sciences, AB, Committee, Investor AB, Metso, Culture, Annual, TietoEVRY, College, AMF, Jonas, Stockholm School of Economics, Management, Veoneer, Cevian Capital, Economics, Science, Nordea

Ronnie was elected to the Ericsson board of directors as Chairman in 2018 and will continue to serve as Chairman for the remainder of his term.

Key Points: 
  • Ronnie was elected to the Ericsson board of directors as Chairman in 2018 and will continue to serve as Chairman for the remainder of his term.
  • The Nomination Committee hence proposes that, the current board member, Jan Carlson be elected by the Annual General Meeting 2023 as new Chairman of the Ericsson Board.
  • It is the Nomination Committee's assessment that each of the proposed board members, with their respective experiences, adds valuable expertise and experience to the Board.
  • Jan Carlson has a long career both as CEO and Chairman, as well as good knowledge of Ericsson after serving many years on the board.

Autoliv, Inc. appoints Gustav Lundgren to Board of Directors and Declares Quarterly Dividend

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星期四, 八月 18, 2022
Board of directors, Stockholm School (economics), Nasdaq Stockholm, Injury, NYSE, Audit, Capital, Private Securities Litigation Reform Act, Board, Director, Research, SDR, New, Cevian Capital, Company, EU, SSE, Vulnerability and Risk Committee, Solution, Heart, Stockholm School of Economics in Riga, Holding company, Security (finance), Autoliv, Science, Economics

The Board of Directors also declared a quarterly dividend of 64 cents for the third quarter of 2022.

Key Points: 
  • The Board of Directors also declared a quarterly dividend of 64 cents for the third quarter of 2022.
  • Mr. Lundgren replaces Min Liu, Cevian's previously designated director, who resigned from the Autoliv, Inc. Board of Directors on August 18, 2022.
  • The Board has determined that Gustav Lundgren is an independent director and has appointed him as a member of the Audit and Risk Committee.
  • Autoliv's Board of Directors now consists of eleven members, all of whom are independent except Mikael Bratt, our CEO:
    Gustav Lundgren joined Cevian in 2006.

Autoliv, Inc. appoints Gustav Lundgren to Board of Directors and Declares Quarterly Dividend

Retrieved on: 
星期四, 八月 18, 2022
Board of directors, Stockholm School (economics), Nasdaq Stockholm, Injury, NYSE, Audit, Capital, Private Securities Litigation Reform Act, Board, Director, Research, SDR, New, Cevian Capital, Company, EU, SSE, Vulnerability and Risk Committee, Solution, Heart, Stockholm School of Economics in Riga, Holding company, Security (finance), Autoliv, Science, Economics

The Board of Directors also declared a quarterly dividend of 64 cents for the third quarter of 2022.

Key Points: 
  • The Board of Directors also declared a quarterly dividend of 64 cents for the third quarter of 2022.
  • Mr. Lundgren replaces Min Liu, Cevian's previously designated director, who resigned from the Autoliv, Inc. Board of Directors on August 18, 2022.
  • The Board has determined that Gustav Lundgren is an independent director and has appointed him as a member of the Audit and Risk Committee.
  • Autoliv's Board of Directors now consists of eleven members, all of whom are independent except Mikael Bratt, our CEO:
    Gustav Lundgren joined Cevian in 2006.

Composition of Metso's Shareholders' Nomination Board

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星期一, 九月 2, 2019
Companies, Business, Economy, Metso, Solidium, Corporate law, Board of directors, Cevian Capital, Lilius, Varma Mutual Pension Insurance Company, Shareholder

Metso Corporations stock exchange release on September 2, 2019 at 10:00 a.m. EEST

Key Points: 
  • Metso Corporations stock exchange release on September 2, 2019 at 10:00 a.m. EEST
    Metso's four largest registered shareholders Solidium, Cevian Capital, Ilmarinen and Varma have nominated the following members to the Shareholders' Nomination Board:
    Petter Sderstrm, Investment Director, Solidium Oy (22,374,869 shares and votes, or 14.88% of share capital and votes);
    Niko Pakaln, Partner, Cevian Capital Partners Ltd (20,813,714 shares and votes, or 13.84% of share capital and votes);
    Mikko Mursula, Deputy CEO, Ilmarinen Mutual Pension Insurance Company (4,433,253 shares and votes, or 2.95% of share capital and votes) and
    Risto Murto, President and CEO, Varma Mutual Pension Insurance Company (2,848,465 shares and votes, or 1.89% of share capital and votes).
  • Mikael Lilius, Chair of Metso's Board of Directors, will serve as the Shareholders Nomination Board's expert member.
  • The Shareholders Nomination Board is composed of the representatives of Metsos four largest shareholders as of August 30, 2019 based on the companys shareholders' register held by Euroclear Finland Ltd.
    Mikael Lilius, Chair of the Board of Directors, Metso Corporation, tel.
  • +358 20 484 3001

Veoneer Announces Nomination of Directors for Re-election

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星期三, 三月 27, 2019
Shareholders, Corporate governance, Corporations, Companies, Cevian Capital, Proxy statement, AmerisourceBergen, Annual general meeting, Mark Durcan, Proxy, Board of directors

Mark Durcan and Jonas Synnergren, whose present terms will expire at the time of the 2019 annual meeting have been nominated for re-election as independent Class I directors to serve until the company's annual meeting in 2022.

Key Points: 
  • Mark Durcan and Jonas Synnergren, whose present terms will expire at the time of the 2019 annual meeting have been nominated for re-election as independent Class I directors to serve until the company's annual meeting in 2022.
  • Mr Durcan serves at the board of Advanced Micro Devices, Inc. and AmerisourceBergen Corporation.
  • Mr. Synnergren, age 41, is head of Cevian's Swedish office and he has been a partner at Cevian Capital AB since 2009.
  • Hard copies of the Annual Report and the proxy statement for the 2019 annual meeting of stockholders will be made available beginning today.