Board of Directors

Board members are elected at the AGM for a period expiring at the close of the next AGM following their election. The Articles of Association contain no restrictions regarding the electability of a Board member. According to the Articles of Association the number of Board members can vary between three and nine and not more than three deputy Board members. In addition, according to legislation, the union organisations have the right to appoint two Board members and two deputy Board members.

Tom Boardman

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Chairman

Born:
1949
Nationality: South African citizen
Independence: Independent of the Company and management and independent of major shareholders.
Direct or related person ownership: 10,000 class B shares.
Committee work: Member of the Audit Committee, member of the Remuneration Committee, member of the GRC-committee.

Tom was elected Director of the Board of Kinnevik AB in 2011 and Chairman of the Board in 2016. He is also Chairman of the Board of Millicom and Non-Executive Director of Nedbank Group, Woolworths Holdings, Royal Bafokeng Holdings and African Rainbow Minerals, and was a Non-Executive Director of Vodacom Group 2009-2011. Tom held various managerial positions within the South African mining and retailing industries during 1973-1986. Between 1986 and 2002 he held managerial positions within the BoE Bank and 2003-2010 he was Chief Executive of Nedbank Group. Tom holds a B Com and CTA from University of Witwatersrand, South Africa.

Anders Borg

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Deputy Chairman

Born: 1968
Nationality: Swedish citizen
Independence: Not independent of the Company and management, not independent of major shareholders.
Direct or related person ownership: 4,400 class B shares.
Committee work: -

Anders has been a Director and Deputy Chairman of the Board of Kinnevik AB since 2015. He is also a non-executive Director of Stena International SA, advisor of Citigroup and member of its Nordic Advisory Board, as well as Chairman of the World Economic Forum's Global Financial System Initiative. Anders served as Sweden's Minister of Finance 2006-2014. In 2011, he was named European Finance Minister of the year by the Financial Times recognizing his outstanding political ability, economic performance and market credibility. He was Chief Economist and Head of Parliamentary Office for Sweden's Moderate Party 2003-2006. Prior to his political career, Anders held various positions in Sweden's financial sector, at Transferator Alfred Berg, ABN Amro Bank and SEB. Anders studied philosophy, economic history and political science at Uppsala University and postgraduate studies in economics at Stockholm University.

Dame Amelia Fawcett

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Deputy Chairman

Born: 1956
Nationality: US and UK citizen
Independence: Independent of the Company and management and independent of major shareholders.
Direct or related person ownership: 10,000 class B shares.
Committee work: Chairman of the Remuneration Committee, Chairman of the GRC-committee.

Dame Amelia has been a Director of the Board of Kinnevik AB since 2011, and was appointed Deputy Chairman in 2013. She is also Chairman of the Hedge Fund Standards Board, a Board Director of State Street Corporation in Boston, USA and Chairman of its Risk Committee and a member of the Board of the UK Treasury. Dame Amelia is a Governor of the London Business School, Chairman of the Prince of Wales's Charitable Foundation, a Commissioner of the US-UK Fulbright Commission and a Trustee of Project Hope UK. She held managerial positions within Morgan Stanley 1987-2006 and was Vice Chairman and Chief Operating Officer of its European operations 2002-2006. She was a Board Director of the Guardian Media Group 2007-2013, and Chairman 2009-2013. Dame Amelia has a Law Degree from University of Virginia, USA, and a BA Magna Cum Laude in History from the Wellesley College in Massachusetts, USA.

Wilhelm Klingspor

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Board Director

Born: 1962
Nationality: Swedish citizen
Independence: Independent of the Company and management and independent of major shareholders.
Direct or related person ownership: 1,315,474 class A shares and 780,071 class B shares.
Committee work: -

Wilhelm has been a Director of the Board of Kinnevik AB since 2004 and was Director of Industriförvaltnings AB Kinnevik 1999-2004. He also served as Director of the Board of BillerudKorsnäs 2012-2014 (Director of Korsnäs 2003-2012). Wilhelm is CEO of Hellekis Säteri. He graduated as a Forest Engineer from the Swedish University of Agricultural Sciences in Skinnskatteberg.

Lothar Lanz

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Board Director

Born: 1948
Nationality: German citizen
Independence: Independent of the Company and management and independent of major shareholders.
Direct or related person ownership: -
Committee work: Member of the Audit Committee.

Lothar Lanz was elected Director of the Board of Kinnevik AB in 2016. He was also elected Chairman of the Supervisory Board of Zalando in 2016, where he has been a Supervisory Board Member and Chairman of the Audit Committee since 2014. He is also a Supervisory Board Member of Axel Springer, TAG Immobilien and Home24. Lothar was Chief Financial and Operating Officer at Axel Springer 2009-2014, after having spent 12 years at ProSiebenSat.1 Media as Chief Financial Officer. Lothar graduated with a Master of Commerce after studies in Business Administration in Stuttgart and Berlin.

Erik Mitteregger

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Board Director

Born: 1960 
Nationality: Swedish citizen
Independence: Independent of the Company and management and independent of major shareholders.
Direct or related person ownership: 35,000 class A shares and 165,000 class B shares.
Committee work: Member of the Audit Committee, member of the Remuneration Committee.

Erik has been a Director of the Board of Kinnevik AB since 2004. He is also a Director of the Board of Tele2 as well as Chairman of the Board of Wise Group and Firefly. Erik was Founding Partner and Fund Manager at Brummer & Partners Kapitalförvaltning 1995-2002. In 1989-1995 he was Head of Equity Research and member of the Management Board at Alfred Berg Fondkommission. Erik holds a B.Sc. in Economics and Business Administration from Stockholm School of Economics.

Mario Queiroz

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Board Director

Born: 1966
Nationality: Brazilian and US citizen
Independence: Independent of the Company and management and independent of major shareholders.
Direct or related person ownership: -
Committee work: -

Mario Queiroz was elected Director of the Board of Kinnevik AB in 2016. He is Vice President of Product Management at Google, where he is responsible for the Chromecast and Android TV businesses. Previously at Google, Mario led Android product management, including key elements of the operating system, mobile applications, Android Market, and Google's first Nexus smartphone. Prior to joining Google in 2005, Mario held a number of positions at Hewlett-Packard during his 16 years with the company, including Vice President of Operations and Senior Director of Global eCommerce. Mario served as non-executive director of Metro International 2008-2013. Mario holds BSc and MSc degrees in Electrical Engineering from Stanford University.

John Shakeshaft

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Board Director

Born: 1954
Nationality: UK citizen
Independence: Independent of the Company and management and independent of major shareholders.
Direct or related person ownership: 2,000 class B shares.
Committee work: Chairman of the Audit Committee, member of the GRC Committee.

John has been a Director of the Board of Kinnevik AB since 2014. He is also Chairman of the Economy Bank, NV, Deputy Chairman of the Council of Cambridge University, Senior Independent Director of TT Electronics PLC and Chairman of Ludgate Environmental and Valiance Funds. John served as Director of the Board of Tele2 2003-2014. He has 28 years of global financial services expertise and held leadership positions at ABN Amro (2004-2006), Lazard LLP (2000- 2002) and Barings (1994-2000). John previously served in HM Diplomatic Service and holds a master's degree from Cambridge University.

Cristina Stenbeck

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Board Director

Born: 1977
Nationality: Swedish citizen 
Independence: Independent of the Company and management, not independent of major shareholders.
Direct or related person ownership: 2,200 class B shares. Cristina Stenbeck owns 23.33% of the shares of Verdere S.à r.l. directly, with CMS Sapere Aude Trust reg., a trust of which Cristina Stenbeck is beneficiary, owning an additional 40% of the share capital. Verdere S.à r.l. owns 28.3 million Class A shares and 1.3 million class B shares, corresponding to 43.8% of the votes and 10.7% of the capital in Kinnevik.
Committee work: Member of the Remuneration Committee.

Cristina was elected Vice Chairman of Kinnevik AB in 2003 and was Chairman of the Board 2007-2016. Cristina graduated with a B.Sc. from Georgetown University in Washington DC, USA.

The AGM 2016 resolved to re-elect Board members Tom Boardman, Anders Borg, Dame Amelia Fawcett, Wilhelm Klingspor, Erik Mitteregger, John Shakeshaft and Cristina Stenbeck, and to elect Lothar Lanz and Mario Queiroz as new members of the Board. The AGM further elected Tom Boardman as Chairman of the Board.