Cristina Stenbeck | |
|---|---|
 | |
| Born | 27 September 1977 New York City, New York, United States |
| Nationality | Swedish |
| Occupation | Investor |
| Spouse | Alexander Fitzgibbons |
| Children | 5 children |
| Parent(s) | Jan Stenbeck Merrill MacLeod Stenbeck [1] |
Cristina Mayville Stenbeck, born 27 September 1977 in New York City, United States, is a Swedish business woman and investor. She is a major shareholder and former executive chairman of Kinnevik AB, one of the largest investment companies in Sweden. [2] [3]
Stenbeck was born in New York City as the eldest daughter of Jan Stenbeck (1942-2002), a Swedish industrialist and entrepreneur, and her American mother, Merrill MacLeod Stenbeck. [1] Her parents had three other children, Hugo, Sophie and Max Stenbeck. [2] Stenbeck is the granddaughter of Hugo Stenbeck (1890 – 1977), a Swedish industrialist and lawyer who was one of the co-founders of the family company, Kinnevik AB.
Stenbeck attended St. Andrew's School in Delaware (where she later served as a trustee), [4] and graduated from Georgetown University in Washington, D.C., with a Bachelor of Science in 2000 at age 22. [5] [6] [7]
Stenbeck's business career began in 1997 after she joined the board of Invik & Co, a financial services company supporting the insurance, fund management and banking industry. Stenbeck became the vice chairman of Kinnevik AB in 2003, later becoming chairman in 2007. [8] In 2016 she stepped down as chairman of Kinnevik to concentrate on her investor role. [9]
For the next decade after 2003, Stenbeck made successful changes at Kinnevik AB, consolidating the ownership of the group, whilst simplifying the corporate structure. She also divested peripheral businesses in order to reduce leverage and increase transparency of the company. [7] [10] [11]
Her leadership has also seen the group's global network expand; the Kinnevik Group now operate in more than 80 countries in the communication, entertainment, media and e-commerce sectors, with well-known brands like Tigo, Tele2, Viasat, and Zalando forming part of the firm's reach. [12]
Tigo, Viasat and Zalando have since spun out of Kinnevik AB and are now independent of Kinnevik AB.
In early 2014, she was appointed chairman of the board at the online fashion retail platform Zalando. [13] She also joined the board of Spotify. She served as the Chairperson on the Board of Zalando (2019-2023) [14] and as a non-executive director on the Board of Spotify for 6 years (2017-2023). [15]
In April 2012, Stenbeck was awarded the Swedish Royal Patriotic Society Business Medal for outstanding entrepreneurship, [16] while in November 2012, she won the Golden Gavel for her leadership as chairman of a listed company. [17]
Stenbeck has been married to the English businessman Alexander Fitzgibbons since September 2005. She has five children. She was named 2016 European Manager of the Year by European Business Press (EBP). [18]
TV4 AB is a Swedish media company owned by Telia Company through TV4 Media. The company owns the largest commercial television channel in Sweden, TV4.
Modern Times Group (MTG) is a digital entertainment company based in Stockholm, Sweden. It formed from the media holdings of investment company Kinnevik, which in 1997 was distributed to the company stockholders. It is a strategic and operational investment holding company, managing a portfolio including gaming companies InnoGames, Ninja Kiwi and Kongregate, and digital network company Zoomin.TV.
Tele2 AB is a provider of mobile and fixed connectivity, telephony, data network services, TV, streaming and global Internet of things services, amongst others, to consumers and enterprises. It is headquartered in Kista Science City, Stockholm, Sweden. It is a major mobile network operator in Sweden, Estonia, Latvia and Lithuania. The company initially founded Tele2 Russia, but later sold all its operations, later rebranding and changing the name to "t2".
Kinnevik AB is a Swedish investment company that was founded in 1936 by the Stenbeck, Klingspor and von Horn families.
V Film is a group of premium movie channels broadcasting in the Nordic countries owned by Viaplay Group.
Jan Hugo Robert Arne Stenbeck was a Swedish business leader, media pioneer, sailor and financier. He was head of Kinnevik Group from 1976 and founded among other things the companies Comviq, Invik & Co AB, Tele2, Banque Invik, Millicom, Modern Times Group and NetCom Systems. Stenbeck was one of Sweden's wealthiest people, worth some $800 million.
Märta Margaretha af Ugglas is a Swedish former Moderate Party politician. She was minister for foreign affairs between 1991 and 1994.
Edvard Hugo Stenbeck was a Swedish lawyer and founder of Investment AB Kinnevik. He belonged to a group called in to investigate the collapse of Ivar Kreuger's financial empire. Two of his children became famous in their own right – Jan Stenbeck took over and transformed the family company and Margaretha af Ugglas became foreign minister. His granddaughter, Cristina Stenbeck is now in charge of the family companies.
Millicom International Cellular SA is a Luxembourgish fixed line and mobile telecommunications services provider operating in Latin America operating under the Tigo brand. Its main shareholder is Xavier Niel, a French billionaire who owns 40% of the company.
Com Hem was a Swedish brand owned by Tele2 AB which supplied Triple Play services that included cable television, broadband internet and fixed-line telephone.
Vigo Carlund is a Swedish businessman. He was a close associate of Jan Stenbeck and was rewarded by being appointed CEO of Investment AB Kinnevik in 1999. In 2006 it was revealed that he would be stepping down from the executive side of business after 38 years in the Stenbeck group of companies. He was replaced by Mia Brunell, another Stenbeck veteran, on August 1, 2006. From 2006 to 2010, he served as chairman of the board of Tele2.
Maria Christina "Mia" Brunell Livfors is a Swedish businesswoman. She works as CEO for Axel Johnson AB since June 2015, a private family owned Group of companies focused on trade and retail with a turnover of SEK 66 billion in 2014.
Magnus Mandersson is a Swedish businessman. He was Executive Vice President at telecommunications company Ericsson from 2011 to 2017, and is currently chairman of Tampnet AS, Karnov Group and NEXT Biometrics.
Hans-Holger Albrecht is a German businessman. He was CEO of Deezer until 2021, one of the largest music streaming services worldwide. Deezer offers more than 53 million tracks in over 180 countries to currently more than 14 million active monthly users. He is the brother of Ursula von der Leyen, President of the European Commission.
Comviq is since 2009 a Swedish prepaid and postpaid mobile phone flanker brand, fully owned by Tele2. The original Comvik operation is the predecessor to two listed companies: Tele2 and Millicom.
Christen Eugen Ager-Hanssen is a Norwegian internet entrepreneur and venture capitalist. Since the late 1990s, he has been based in London and is a highly controversial private equity professional. Ager-Hanssen was involved in several high-profile M&A deals and has become known for public hostile takeovers. In a Canadian Business cover story, he was described as both Gordon Gekko and a modern-day Viking. In 1999 he claims to have become one of Norway's richest citizens, although investigative journalists have disputed this.
Lorenzo Grabau is an Italian businessman and he was recently chief executive officer of Swedish investment firm Investment AB Kinnevik until December 7, 2016. Prior to this, Grabau had an extensive career in investment banking, with 17 years spent at Goldman Sachs.
Roshi Motman is a Swedish entrepreneur and Chief Executive Officer in telecom, media and music. She was the first woman to become the CEO of Tigo, Ghana in 2014. In her current role as the CEO of Amuse, she was recognized as one of Billboard's 2024 International Power players.
Tele2 Eesti AS is a telecommunications company registered in Estonia and owned by the Swedish company Tele2. It was founded in 1995. The main office of the company is located in Tallinn.
Sven Victor Engwall was a Swedish businessman, industrialist and professional sailor. He was the heir to the Engwall family in Gävle.
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1 Millicom was co-founder in 1982, owning 15%. 2 Merged with Kinnevik in reverse acquisition transactions.  Category | |