Kinnevik CEO steps down

Brunell Livfors will remain in her role until a replacement has been appointed, following a search process led by Kinnevik deputy chairman Amelia Fawcett.

Following the transition, Brunell Livfors will continue to be involved with the Kinnevik group. The board will propose to the respective nomination committees that she continue to serve as a director of CDON Group, MTG, Millicom, Tele2 and to be appointed to the board of Transcom. In addition she will serve as chairman of Reach for Change, the group's not-for-profit organization.

Brunell Livfors joined the Kinnevik group in 1992 and was appointed CFO of the associated company Modern Times Group (MTG) in 2001. In August 2006 she assumed her current role, in which she refocused the group and furthered the development of a number of its growth initiatives.

Kinnevik recently sold its stake in renewable packaging material company BillerudKorsnäs to a number of Swedish institutions for SEK 3.7bn in December.

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Nordics
• People
• Sweden