Vice Chair since 1998. Born 1956.

B.Sc. Economics and MBA, Wharton School, University of Pennsylvania, the United States. 

Chair of the Board of investment company Investor AB, Sweden. Vice Chair of the commercial bank SEB AB, Sweden, and the airline SAS AB, Sweden. Board Member of the power and automation company ABB Ltd. Switzerland, The Coca-Cola Company, the United States, the nonprofit Knut and Alice Wallenberg Foundation, Sweden and the Stockholm School of Economics, Sweden. Work experience: Chairman of W Capital Management AB and SEB AB, Director of Thisbe AB, President and CEO of SEB AB, Executive Vice President and Head of Enskilda Division, SEB AB, Advisor to the President and CEO of SEB AB, Executive Vice President and CFO of Investor AB. All positions based in Sweden.

Jacob Wallenberg is independent in relation to the company but non-independent in relation to major shareholders.

Holdings at year-end 2009: 163 000 Class A and 15 960 Class B shares.