Skandia ousts CEO in bid to restore confidence

Article Abstract:

Skandia AB's chief executive, Lars-Eric Petersson, has been forced out as part of an effort to revive the confidence of investors. Skandia has suffered several consecutive losses over the past two years.

Executive changes & profiles, Officials and employees, Insurance industry, Appointments, resignations and dismissals, Chief executive officers, Skandia AB, Petersson, Lars-Eric

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Investor AB says net loss narrows

Article Abstract:

Investor AB posted a lower net loss of 24 million kronor (2.7 million euros) for the 2003 third quarter. The company posted 1.046 billion kronor in net losses in the same 2002 period.

Sales, profits & dividends, Holding companies, Company sales and earnings, Investor AB, Company earnings/profit

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OM will divide organization into 4 business areas on Jan.1

Article Abstract:

OM AB is conducting a reorganization of its corporate structure. The company will divide itself into four business areas as part of the restructuring.

Securities and Commodity Exchanges, Organizational history, Security and commodity exchanges, Securities Exchanges, Management, Stock exchanges, Securities industry, OM AB

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