
	Where results make sense

Topic: Percy Barnevik

Related Topics

Brown Boveri Company

Asea Brown Boveri

List of Swedish entrepreneurs

Confederation of Swedish Enterprise

Swedish Match

Nils Ericson

Investor AB

List of Swedish companies

CEO

Hurricane Faith

Gustine, California

AstraZeneca

ASEA

Israel Broadcasting Authority

Darnell Williams

In the News (Wed 25 Nov 09)

Northern Trust

Marvin Harrison

Peter Chernin

Gary Locke

Match Play

Penelope Cruz

Mickey Rourke

AR Rahman

Danny Boyle

Hugh Jackman

	CONK! Encyclopedia: Percy_Barnevik (Site not responding. Last check: 2007-10-18)
		Percy Barnevik (born 1941) is a Swedish industry leader.
		Barnevik was educated at the Gothenburg School of Economics and Commercial Law (part of Gothenburg University) and at Stanford University.
		Barnevik is also a members of the board of directors of General Motors.
	www.conk.com /search/encyclopedia.cgi?q=Percy_Barnevik (74 words)

	Branson and Barnevik
		The success of Richard Branson and Percy Barnevik in becoming and remaining effective leaders of Virgin Group and ABB is largely due to their willingness and ability to empower individuals within their organizations (Lesko, lecture 2-2-2000).
		A great part of success of Richard Branson and Percy Barnevik is attributed to their empowering of others, and it is evident from looking at the structure and evolution of their respective companies that they were committed to doing it fully and correctly.
		The success of Richard Branson and Percy Barnevik at Virgin and ABB, and of this companies as a whole can be directly attributed to the set of actions that these two individuals continually practice and behaviors that they exhibit towards their company supporters.
	www.belakhov.com /projects/branson-barnevik.html (1137 words)

	CNN.com - ABB's chairman steps down - Nov. 21, 2001
		Barnevik's resignation was seen as a result of criticism from shareholders, especially from Swiss financier Martin Ebner's BZ Group, which owns more than 10 percent of ABB.
		Barnevik had been non-executive chairman for five years and was chief executive for nine years before that.
		ABB was formerly known as Asea Brown Boveri, and Barnevik was chief executive of Asea for eight years until the 1988 merger.
	robots.cnn.com /2001/BUSINESS/11/21/abb.ap (287 words)

	Is it a bird
		Percy Barnevik is probably Europe’s most successful international manager.
		His nephew, Marcus, is tipped to become Mr Barnevik’s right-hand man inside Investor; Peter’s son, Jacob, was recently made chief executive of SE -Banken, which is bank to the Wallenberg family—as well as 1.5m other Swedes.
		One is Mr Barnevik himself: it is hard to believe that a man who has described business as 5% strategy and 95% implementation will just sit still.
	comp.uark.edu /~kali/Barnevik.htm (1488 words)

	Paperloop.com - leading the pulp, paper, packaging and printing industry (Site not responding. Last check: 2007-10-18)
		Jurgen Dormann succeeds Percy Barnevik as chairman of ABB
		Dormann stated: "ABB is undergoing important changes that will bring it to a stronger position." He pointed out that Barnevik had been with the company for 22 years, eight years as CEO of ASEA, nine years as CEO of ABB and the last five years as non-executive chairman.
		Barnevik, born 1941, is Chairman of the board at Investor, AstraZeneca and Sandvik, and a member of the board of General Motors.
	www.paperloop.com /db_area/archive/pponews/2001/wk11_19_2001/59.shtml (309 words)

	[No title]
		Barnevik's primary objective in making such a radical change to the classic multidivisional structure he inherited was to create a context in which the entrepreneurial activities could be much more widely distributed that in most contemporary companies or indeed in the classic model Chandler described.
		Barnevik sets the standard and provides the role model for this activity, meeting annually with about 5000 managers with whom he discusses corporate objectives and priorities which he communicates using some of the 2000 overhead transparencies he carries with him.
		Barnevik and his colleagues in the Executive Committee carry the primary responsibility for translating those values into action through their selection and promotion of individuals reflecting such behaviors, their imposition of sanctions against those violating the values, and through their own role modeling actions.
	www.gsia.cmu.edu /bosch/bart.html (12936 words)

	CNN.com - Former ABB boss under fire - Feb. 26, 2002
		LONDON (CNN) -- Percy Barnevik was revered as a world-class corporate manager, on par with the likes of former General Electric's boss Jack Welch.
		Barnevik, who stepped down late last year after criticism over the company's poor earnings and falling stock price, added that his biggest regret was that the conditions of his pension payout were not stated in ABB's annual report.
		While shareholders are demanding that Barnevik agree to the ABB board's request that he return some of the money, they are also calling for changes to regulations to avoid a similar situation happening again.
	cnnstudentnews.cnn.com /2002/BUSINESS/02/26/barnevik (535 words)

	Göran Lindahl new President and CEO of ABB, Percy Barnevik remains Chairman
		Percy Barnevik, 55, who has combined the two roles of Chairman of the Board and at the same time President and CEO, will remain Chairman.
		Percy Barnevik has been President and CEO of ABB since the company was founded in 1988 through the merger of Asea and BBC Brown Boveri.
		Percy Barnevik stated further: "We are fortunate to have been able to make these top management appointments through internal recruitment.
	www.abb.se /global/seitp/seitp202.nsf/0/c1256c290031524bc12567310025a00e?OpenDocument (734 words)

	BBC News \| BUSINESS \| Ex-ABB boss fends off pensions criticism
		Percy Barnevik, the Swedish industrialist and ex-boss of engineering giant ABB, has defended his 100m euros ($87.1m, £61m) pension package.
		A week ago, ABB said it was investigating whether it had granted its former chairman Percy Barnevik and ex-chief executive Goran Lindahl too much in pension and other benefits.
		Mr Barnevik was also eased from his post as chairman of Investor, the industrial holding company of the Wallenberg family - just one day after ABB demanded the pensions pay-back.
	news.bbc.co.uk /2/low/business/1827155.stm (607 words)

	Barnevik, Percy, Organizing for Global Growth
		Barnevik has drawn his inspiration from his beginnings in small town Sweden, his education in the ancient, beautiful, industrial City of Gothenburg on Sweden's west coast and his managerial leadership in Sweden, the United States and Switzerland.
		Barnevik has helped create and stimulate to success an enterprise that is pre-eminent in applied electrical technologies, starting with a $2 billion enterprise in 1980 having $34 billion in sales in 65 businesses through 100 companies and 1,300 legal entities employing 220,000 people.
		Barnevik, and that is that we can buy shares in the company." They had been under a communist regime for 45 years.
	www.empireclubfoundation.com /details.asp?SpeechID=1283&FT=yes (3774 words)

	Leading Research: The Transnational Revisted
		Percy Barnevik had his work cut out for him in 1988 when he took the helm as CEO of Asea Brown Boveri (ABB), a freshly cast global engineering giant created through the merger of two firms in the electrical power equipment industry.
		Little more than a decade later, ABB has become a prime example of what HBS professor Christopher Bartlett and London Business School's Sumantra Ghoshal have described as a "transnational corporation." This radically different corporate model was first developed in their influential 1989 book, Managing Across Borders: The Transnational Solution (HBS Publishing: 2001).
		At ABB, for instance, Barnevik was intent from the start on replacing "the old context of imposed compliance and control with a more internalized model of behavior.
	www.leadingresearch.hbs.edu /archives/03.01/story02.html (865 words)

	SBSM924: News:Barenvik Keynotes (Site not responding. Last check: 2007-10-18)
		Half will disappear in the next decade, as the need to keep the costs of manufactured goods from rising forces firms to look for lower-cost alternatives in Eastern Europe, said Percy Barnevik, president and CEO of the firm.
		Barnevik was one of the keynote speakers at the 1994 student-run Stanford Manufacturing Conference, which drew more than 600 people in May. He described how firms must learn to exploit cost-saving opportunities in emerging nations to survive the constant downward pressure on prices.
		Trained engineers, Barnevik said, earn 75 marks per hour in western Germany, 35 in eastern Germany, and 3.8 in the Czech Republic.
	www.gsb.stanford.edu /community/bmag/sbsm924/barnevikkey.htm (309 words)

	Aftonbladet nyheter: Tre kvinnor – och 107 män
		Aftonbladet har kartlagt Percy Barneviks ommöbleringar i elva av Wallenbergsfärens mest centrala företag.
		Efter ett år i ledningen för Wallenbergsfärens centrala maktbolag lade han fram nya riktlinjer för hur imperiet skulle styras.
		De tre kvinnorna är Peggy Bruzelius som väljs in i Scanias styrelse, Ulla Litzén som tar plats i SKF och Erna Möller som sedan tidigare sitter i Astra.
	www.aftonbladet.se /nyheter/9804/04/barne.html (690 words)

	The Leadership Adventure Story
		Percy Barnevik Story - "To unleash energy and creativity and to minimize the stifling effects of bureaucracy, throughout his 215,000-employee international conglomerate, CEO Percy Barnevik of ABB Asea Brown Boveri, Ltd., in Zurich, Switzerland, created 5,000 separate "profit centers," each with its own profit sheet.
		Brought in initially to turn around the troubled Swedish company, the 39 year old Percy Barnevik had attracted considerable attention when, within six years, he had increased Asea's sales four fold and its profits by a factor of ten.
		Barnevik's rule of thumb for restructuring the traditional organizations of the merged and acquired companies from which ABB was created was to remove 90% of all employees at each level above the operating companies.
	cbae.nmsu.edu /~dboje/teaching/338/leadership_adventure_story.htm (769 words)

	BBC News \| BUSINESS \| Barnevik leaves top job
		Percy Barnevik has announced an early departure from his post as chairman of Investor, the industrial holding company of the powerful Wallenberg family.
		Earlier this week, ABB asked both Mr Barnevik and former chief executive Goeran Lindahl to return some of their retirement pay, describing them as excessive in the light of the company's recent problems.
		Mr Barnevik oversaw merger between the Swedish Asea and the Swiss Brown Boveri in the late 1980s.
	news.bbc.co.uk /1/low/business/1821398.stm (338 words)

	ABB REACHES SETTLEMENT AGREEMENTS WITH FORMER CEOS ON BENEFITS
		Barnevik's pension, based on an agreement from 1992, was set at 50 percent of his final compensation, composed of his last base salary of CHF 1.5 million and an average of his performance-based bonuses, the pension effect of which was not limited.
		Between 1988 and his retirement as CEO in 1996, Barnevik's average bonus was some CHF 8.5 million, ranging from CHF 500,000 in 1988 to CHF 19.9 million in 1994.
		Portions of Barnevik's and Lindahl's pensions were paid out in accordance with regulations from ABB Stiftung Gemini, an executive pension foundation regulated under Swiss law, established in 1996.
	www.industrialnetworking.info /news/78.asp (947 words)

	BW Online \| February 14, 2002 \| ABB: Huge Tremors at a Swiss Giant
		Through a spokesman, Barnevik, 60, insisted that his salary and pension during his 17 years as CEO were based on agreements with the company and its results.
		Barnevik recently announced that in addition to leaving ABB, he was also stepping down as chairman of Investor, the Wallenberg family holding company, which has large stakes in or controls some of Europe's largest blue-chip companies, including cell-phone maker Ericsson, drugmaker Astra-Zeneca, and industrial giant Electrolux among others.
		Barnevik, who took up his role at Investor in 1997, says he had never intended to stay more than five years, but Barnevik may have worn out his welcome with the Wallenbergs.
	www.businessweek.com /bwdaily/dnflash/feb2002/nf20020214_7463.htm (947 words)

	ABB Chairman Percy Barnevik elected to the Board of General Motors
		ABB Chairman Percy Barnevik elected to the Board of General Motors
		The Board of General Motors announced yesterday that Percy Barnevik has been elected member of the GM Board.
		Barnevik, Chairman and Chief Executive Officer of ABB, the international electrical engineering company, is also a member of the boards of
	www.abb.ch /global/seitp/seitp202.nsf/0/c1256c290031524bc12567310022665a?OpenDocument (101 words)

	Barnevik, Percy (Site not responding. Last check: 2007-10-18)
		Percy Barnevik, born in 1941, may be the best-known non-American CEO of our times.
		Creator and manager of the Swedish-Swiss engineering group Asea Brown Boveri (ABB), Barnevik revolutionised its organisation and performance until he was succeeded by GÃ¶ran Lindahl in 1997 (Lindahl was succeeded in 2000 by JÃ¶rgen Centerman).
		Barnevik now runs the powerful Swedish investment group Investor.
	www.learningmatters.com /idx/8235 (67 words)

	Sista dansen med ABB
		Dagens megastjärnor som Percy Barnevik erövrar marknader och hyllas som hjältar så länge som de företag de representerar går bra, och aktiekurserna fortsätter att stiga.
		ABB verkar ha varit Percy Barnevik, skriver författarna i sitt slutord i boken, som i övrigt bara har positiva saker att säga om de tidigare ledningarna i ABB.
		Samtidigt har det nu avslöjats att de tidigare koncerncheferna Percy Barnevik och Göran Lindahl fått astronomiska pensioner och andra ersättningar på 1,5 miljarder kronor sedan 1996 och företaget hotas av härdsmälta, på grund av de stora skadestånd som riktas mot bolaget.
	www.bankrattsforeningen.org.se /Boktips/boktips23.html (729 words)

	Aftonbladet nyheter: Här liftar Persson – med Barnevik
		När Göran Persson klev ombord på ABB:s lyxjet hade han fått Percy Barneviks syn på Sveriges framtid.
		I Agnebergshallen i Uddevalla sitter näringslivets tungviktare nummer ett, Percy Barnevik, och politikens dito, Göran Persson.
		Percy Barnevik menar att det bör vara möjligt för ungdomar att jobba som lärlingar i företag.
	www.aftonbladet.se /nyheter/9803/26/barne.html (405 words)

	SWEDEN'S PERCY BARNEVIK'S IN SHAKEUP MODE (Site not responding. Last check: 2007-10-18)
		Long-time loyalists of companies controlled by Investor, the heavyweight holding company of Sweden's Wallenberg family, weren't exactly quaking when board chairman Percy Barnevik launched a campaign in mid-January to shake up the staid world of Swedish corporate government.
		It turns out, though, that Barnevik's plans to clean house at Investor and get rid of unprofitable investments is suddenly starting to concern Investor employees.
		Barnevik also hints of a shakeup at heavy truck maker Scania with the help of board chairman Anders Scharp, another long-time Wallenberg man. What happens to Scharp and his six board chairmanships?
	www.businessweek.com /bwdaily/dnflash/jan1998/nf80129a.htm (182 words)

	Magazine - Dethroning Percy Barnevik - Intro - FORTUNE (Site not responding. Last check: 2007-10-18)
		The size of his award--unheard-of in Europe and colossal even by U.S. standards--and the furtive manner in which it was negotiated outraged not only Barnevik's former colleagues at Zurich-based ABB but public opinion as well.
		(Goeran Lindahl, Barnevik's handpicked successor who was forced out as CEO at the end of 2000, is also returning more than half of his $51 million pension and severance package.)
		But the manner in which Barnevik, a persistent advocate of good corporate governance, concealed the payouts from his fellow directors has ruined the reputation of the man once hailed as Sweden's answer to Jack Welch.
	www.fortune.com /fortune/articles/0,15114,373521,00.html (301 words)

	Percy Barnevik receives NEMA award in the US
		Percy Barnevik receives NEMA award in the US Percy Barnevik receives NEMA award in the US The first non-American to ever receive this award
		Percy Barnevik, Chairman and Chief Executive Officer of ABB, the international electrical engineering company, was given the Bernhard H. Falk award in Chicago yesterday by the National Electrical Manufacturers Association (NEMA) of America at their seventieth annual meeting.
		In making the award to Percy Barnevik, it was cited: NEMA recognizes Barneviks innovative inspirational leadership in the electroindustry and his role as a chief architect of a global company that recognizes no national borders and vigilantly protects the spirit of entrepreneurship.
	www.abb.com /global/seitp/seitp202.nsf/0/c1256c290031524bc125673100226628?OpenDocument (116 words)

	The Leadership Advantage -- Warren Bennis full-text article
		Percy Barnevik, former chairman of ABB and one of Europe's most celebrated business leaders, says that "organizations ensure that [people] use only 5 to 10 percent of their abilities at work.
		And employees themselves are even less optimistic; only 16 percent said they use more than half their talents at work, according to a recent UK survey.
		It is no accident that both Welch and Barnevik, two of the world's most accomplished business leaders, see their role in similar terms.
	www.pfdf.org /leaderbooks/l2l/spring99/bennis.html (2533 words)

	Percy on Encyclopedia.com (Site not responding. Last check: 2007-10-18)
		The union of the Debardeleben and Percy families.
		Percy BARNEVIK, Chairman of the Board, ABB Asea Brown Boveri, Switzerland.
		From left to right the Americans vibraphonist Milt JACKSON, bassist Percy HEATH, pianist John LEWIS and drummer Connie KAY performing in the Modern Jazz Quartet.
	www.encyclopedia.com /html/X/X-P1ercy.asp (676 words)

Try your search on: Qwika (all wikis)