“We have agreed that now is the right time for this change and will ensure a smooth handover of Samuel's responsibilities by the end of next month,” Rubin Ritter, acting CEO at Kinnevik, says in a press release.
Caspar Sjöstrand will step in as acting CFO until a permanent successor has been appointed, according to Kinnevik.
Samuel Sjöström has worked for Kinnevik for 13 years.
The announcement comes as Kinnevik reports an increase in net asset value of SEK 1.7 billion, or 6 percent, during the second quarter, which it says is explained by "higher valuation multiples for the portfolio companies' listed comparator companies."
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