FAM, Navigare Ventures, Nineteen Private Capital, and Thisbe have been integrated into Wallenberg Investments, to develop and simplify the ownership governance and capital management of the Wallenberg foundations. Asset management is now organized into five investment units: Industrials, Real Assets, Alternative Funds, Special Investments and Ventures. Read more below.

Håkan Buskhe appointed to succeed Lars Wedenborn as CEO of FAM

On February 12, 2020, Håkan Buskhe will take over as the new CEO of FAM AB and succeed Lars Wedenborn, who will assume a role as Senior Advisor and remain active on the boards of holdings within the Wallenberg sphere.

"FAM's board of directors and I are grateful for the important job that Lars Wedenborn has done over the past 12 years to establish and develop FAM into a central holding company for the Wallenberg Foundations. Lars has made great contributions to FAM which have also strengthened our ability to support basic research and education in Sweden through increased grants. At the same time, I am pleased that Håkan Buskhe will become CEO of FAM and I am convinced that Håkan's industrial experience, leadership and technical know-how will make FAM even stronger in the future", says FAM Chair Marcus Wallenberg.

"My new mission will be extremely exciting. FAM plays an important role in the work of the Wallenberg Foundations by funding basic research and education at Swedish universities. I take on this assignment with humility but also with great curiosity and hope that my industrial background, combined with my interest in technology, will contribute to FAM's continued development", comments incoming CEO Håkan Buskhe.

"I am incredibly proud of what my team and I have achieved over the past 12 years in building FAM into a company with long-term and attractive holdings. I am also pleased to have the opportunity, after 20 years in operational positions as CFO at Investor AB and CEO of FAM, to continue to support the further development of Wallenberg sphere", says Lars Wedenborn.

Håkan Buskhe holds an M.S. Degree in Science and Engineering and a licentiate degree in engineering from the Chalmers University of Technology. He has previously held a number of senior executive positions in Swedish industry, including CEO of E.ON Nordic AB and most recently of Saab AB.

If you have any questions, please contact:
Oscar Stege Unger, phone + 46-706 24 2059
E-post till [email protected]

About FAM AB:
FAM is a privately-owned industrial holding company that manages assets as an active owner with a long-term ownership horizon. FAM is owned by the three largest Wallenberg Foundations. Since 2007, FAM has grown from SEK 30 billion in assets to approximately SEK 50 billion, renewing the portfolio at the same time with the partner-owned holdings Höganäs, Nefab and Kivra, the wholly owned company IPCO, and the listed company Munters. In addition, holdings have been increased in SKF, Stora Enso and Kopparfors.