Investor states that its management model is based on its network (nätverk), by which they mean that they know top executives on a global scale when recruiting board members for their portfolio companies. It can be flattering when a Wallenberg calls and proposes a discussion about a board membership. It is at this very stage that the family exercises its tangible power. After that, Investor’s CEO represents the family, communicating with the appointed board members about operational matters. “When you have chosen a capable board member, don’t micromanage. Trust.”
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