Carl-Henric Svanberg

"The founder is in his 70s, and the eldest daughter, Sofia Schörling Högberg, has not yet turned forty. The process has been ongoing for a few years, but it was brought to the forefront in October 2016 when Melker Schörling unexpectedly announced he would be ending all his assignments as chairman in conjunction with the general meetings. He has been affected by gradually deteriorating health. Carl-Henric Svanberg was elected in May 2017 as a new board member of MSAB. Schörling and Svanberg have been colleagues and friends for a long time. Svanberg has previously served on the MSAB board and is also a shareholder in the investment company. Svanberg has extensive experience in Swedish industry, including as CEO of Assa Abloy and Ericsson, and as chairman of BP and AB Volvo. Mikael Ekdahl has been appointed chairman of Melker Schörling AB after many years as vice chairman. It cannot be easy to take over after a masterful investor who is called a magician in terms of creating growth and value. Melker Schörling remains on the board as a member."

"Melker Schörling has a well-documented ability to choose the right people to have in his business environment. Among the selected was Thomas Berglund for a long time, who succeeded Schörling as CEO when he became chairman of Securitas, but he lost his CEO position after the company’s weak performance in the USA. After that, he disappeared from the picture. Carl-Henric Svanberg and Ola Rollén have long been engaged in Schörling’s sphere of influence. Schörling is evidently long-term in both business and relationships."