Marcus Wallenberg

Executive / Vice Chairperson
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About

Mr. Marcus Wallenberg serves as Independent Chairman of the Board at Saab AB (publ). He serves as Deputy Chairperson and Director at EQT AB (publ) since joining EQT on June 02, 2021. He serves as Deputy Chairperson at EQT Partners AB since May, 2021. He served as an Industrial Advisor of EQT Partners AB. Mr. Wallenberg serves as the Chairman at Patricia Industries since May 2015. He has been Vice Chairperson of Investor AB since 2015 and Independent Director since 2012. Mr. Wallenberg had been the Chairman of the Board at SAAB AB (publ.) since June 2006 and serves as its Independent Director since 1992. He has been the Chairman of Foundation Asset Management AB. He serves as the Chairman of SEB Invest and SEB Investment Management AB. He has been the Chairman of Skandinaviska Enskilda Banken AB (publ) since 2005 and Director since 2002. Mr. Wallenberg serves as Chairman of Industrial Partners Board at Blue Water Energy LLP and SEB Group. He is a Director of EQT Partners AB. He is the Chairman at FAM. He has been a Non-Executive Director at AstraZeneca PLC since April 5, 1999. He has been a Director of Electrolux AB since 2005 and Ericsson S.P.A since 1996. Mr. Wallenberg has been a Director at Ericsson Telecomunicações S.A. and Ericsson NV/SA since 1996. He serves as a Deputy Chairman of Ericsson Inc., Ericsson NV/SA and Ericsson S.P.A. He serves as Deputy Chairman of Ericsson Telecomunicações S.A. He is a Board Member of AstraZeneca AB, SAS Assembly of Representatives and the Knut and Alice Wallenberg Foundation. He serves as a Director at Hi3G Access AB. He served as Director at Temasek Holding (Private) Limited since July 2008. He served as a Board Member at Investor Growth Capital. Mr. Wallenberg served as a Treasurer at Institute of International Finance, Inc. He served as the President and Chief Executive Officer of Investor AB from 1999 to 2005. He served as an Executive Vice President at Investor AB. Mr. Wallenberg served as Vice Chairman of Investor AB from April 11, 2005 to August 31, 2005 and served as its Director from 1990 to August 31, 2005. From August 1990 to June 1993, he served as a Vice President at Store Feldmhle AG. He served at Citicorp, S G Warburg Co. Ltd. and Citibank N.A. Mr. Wallenberg served as a Deputy Chairman of SAAB AB (publ.) from 1993 to 2006. He served as a Director of Citicorp, S G Warburg Co Ltd., Deutsche Bank and Citibank N.A. He served as Chairman of the Board for Luossavaara-Kiirunavaara AB from October 12, 2011. He also served as Vice Chairman of Institute of International Finance, Inc. He served as Director of Ericsson until April 13, 2011. He was the Chairman of LKAB boards. He served as a Director at Luossavaara-Kiirunavaara AB since October 12, 2011 and EQT Holdings AB. He served as an Independent Director of Stora Enso Oyj from December 1998 to April 23, 2014. He served as Deputy Chairman of Telefonaktiebolaget LM Ericsson (publ) since April 2006 and as Director since 1996. He was the Chairman of International Chamber of Commerce from 2006 to July 2010. He served as a Director at b-business partners. He served as a Director at Stora Feldmühle AG for three years. He served as a Member of the Advisory Board at Deutsche Bank AG. He served as a Director of Scania AB from 1994 to April 29, 2005. Mr. Wallenberg served as a Director at STORA beginning in March 1998. He served as the Chairman of Electrolux AB from April 16, 2007 to March 26, 2014. He was a 1993 participant in the Stanford Executive Program for senior executives and has also served on the Advisory Council of the Stanford Graduate School of Business. He is a Lieutenant in Royal Swedish Naval Academy. He serves as Board Member at Navigare Ventures AB. Mr. Wallenberg holds a B.Sc. degree in Foreign Services from Georgetown University.

 

Personal Details

Title: Mr
Surname: Wallenberg
DoB: 01/01/1955
Age: 71 years
M/F: Male
Nationality: Sweden
Country of Birth: Sweden
Language: English
Qualification: B.Sc. degree in Foreign Services
Industry:

 

Qualifications & Experience

 

Industry Experience +5yrs:
Industry Qualification +5yrs?:
Finance experience +5yrs?:
Finance Qualification +5yrs:
Legal experience +5yrs?:
Delinquent director?:
Other Experiences?:
Collapsed company director?:

 

Other directorships (state)

(only entities turnover at least $5m p/a)

 

Working history

 

Committee/s

CompanyCommitteeRoleAppointment DateResignation Date
Investor ABBoardMember01/01/2012
AstraZeneca PLCBoardMember01/01/1999
EQTBoardMember01/06/2021
EQTRemunerationMember01/06/2021
EQTNominations & GovernanceChairperson01/06/2021

 

Independence Questions

Any family members working for the company?:
Are you doing business with the company?:
Do you hold shares in the company for more than 0.10%? (directly or by representation):
Is your Director annual fee more than 5% of your total income from all sources?:
Are you more than 10 years as a director?:
Are you an executive chairperson?:
InsidEntity has assumed that responses to the Independent Questions are NO as the company has not populated the information. The result will present the Director as Independent.
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