Printer Friendly
The Free Library
14,736,044 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Andrew Cripps and Conny Karlsson Proposed for Swedish Match Board of Directors.


STOCKHOLM, Sweden -- At the upcoming Annual General Meeting the Election Committee of Swedish Match AB (SWX SWX Swiss Exchange (trademark of SWX Swiss Exchange)
SWX SolidWorks (3D solid modeling CAD software)
SWX Splitter / Wave Division Multiplexer
:SWMA SWMA Software Maintenance
SWMA Solid Waste Management Act
SWMA Sine-Weighted Moving Average
SWMA Storm Water Management Authority, Inc. (Homewood, AL)
SWMA Segmental Wall Motion Abnormality (cardiology) 
) will propose the election of Andrew Cripps and Conny Karlsson to the Swedish Match Board of Directors. Furthermore, the Election Committee will propose re-election of Bernt Magnusson (Chairman), Sven Hindrikes, Tuve Johannesson, Arne Jurbrant, Karsten Slotte, Kersti Strandqvist and Meg Tiveus. Jan Blomberg has declined to be re-elected.

At present, Andrew Cripps is holding a position as a non-executive director at the UK listed company, Trifast plc, where he is also Chairman of the Remuneration Committee and member of the Audit and Nominating Committees.

For the last 22 years, Andrew Cripps has held a number of strategic positions within British American Tobacco British American Tobacco Plc (LSE: BATS, AMEX: BTI, KLSE: BAT) is the second largest listed tobacco company in the world. It is based in London, England and is a constituent of the FTSE 100 Index with a market capitalisation of over £29 billion as of June 2005.  (BAT) and Rothmans. Andrew Cripps left the BAT organization at the end of 2005. He possesses a broad strategic experience within the areas of mergers & acquisitions, corporate finance and corporate governance. Andrew Cripps is a Chartered Accountant at the Institute of Chartered Accountants.

Conny Karlsson is currently holding board assignments at Zodiak AB where he is Chairman, Wihl. Sonesson AB, Scribona AB and Lindex AB where he acted as CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  for eight months in 2004. For ten years, Conny Karlsson held the position as CEO of Duni AB in Sweden (1990-2000) and prior to that, he has acquired ten years of international experience from the field of fast-moving consumer goods from various positions within Procter & Gamble. Conny Karlsson has a MBA MBA
abbr.
Master of Business Administration

Noun 1. MBA - a master's degree in business
Master in Business, Master in Business Administration
 from Stockholm School of Economics The Stockholm School of Economics or Handelshögskolan i Stockholm is a business school and private university in Stockholm, Sweden. It was founded in 1909 to improve business education in Sweden. Controlled by a private trust, it also receives government support. .

In its proposal to the Annual General Meeting, the Election Committee has made particular note of Andrew Cripps' broad experience from the tobacco business, both from Rothmans and BAT, as well as the vast experience of fast-moving consumer goods on the European market of Conny Karlsson.

The Election Committee is appointed by the Annual General Meeting and consists of Joachim Spetz, Chairman, (Handelsbanken Fonder), Marianne Nilsson (Robur Funds), Pernilla Klein (Third AP-fund) and Bernt Magnusson as ordinary members. Carl Rosen (Second AP-Fund) has served as deputy member of the Committee. William N. Booth (Wellington Management Company Wellington Management Company is a Boston, Massachusetts based investment management firm. Founding and Early Years
Wellington Management Company was incorporated in Philadelphia, Pennsylvania in 1933, five years after the creation of the Wellington Fund by Walter L.
) and Mads Eg Gensmann and Edoardo Mercadante (Parvus Asset Management) have been co-opted to the Committee during the course of the year.

Swedish Match is a unique company with its range of market-leading brands in the product areas of snuff and chewing tobacco, cigars and pipe tobacco - tobacco's niche products - as well as matches and lighters. The Group's global operations generated sales of 13,311MSEK MSEK Meyer, Suozzi, English & Klein (New York law firm)
MSEK Million Swedish Kroner
 for the twelve month period ending December 31, 2005. Swedish Match shares are listed on Stockholmsborsen (SWMA).
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Mar 20, 2006
Words:423
Previous Article:TIAX Awarded Contracts to Improve Efficiency and Safety for U.S. Armed Forces; Funding will advance development of several key technologies including...
Next Article:Silverlink and HumanArc Work Together to Enroll Dually Eligible Seniors in Medicare/Medicaid Programs.
Topics:



Related Articles
Hollywood studios gain foothold in China. (includes related article)(Special Report: International Trade)
KINGS UPDATE: KINGS TEST FORTUNE WITH DRAFT.(Sports)
IT CAN'T GET ANY SWEDER THAN THIS.(SPORTS)
HARBOR'S CITYHOOD DRIVE FALLS JUST SHORT.(NEWS)
KINGS UPDATE: PICKS YIELD MIXED RESULTS.(Sports)
The heart of Africa.(Book Review)
Skanska USA Building Inc.(appointment)(Brief Article)
LOCAL SWEDES USHER IN SUMMER WITH FAIR.(News)
SUPERVISOR URGES VOTE ON ANNEXATION LAFCO SAYS SOME PROTESTS ARE INVALID.(News)
INTERNATIONAL MOVIE MARKET LOSES STEAM.(Business)

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles