Percy N. Barnevik (born 13 February 1941 in Simrishamn) is a Swedish business executive, probably best known as CEO and later Chairman of Asea Brown Boveri 1988-2002, a company he created in a bold cross-border merger in 1988. He was long considered Europe's answer to General Electric CEO Jack Welch.
Born in Simrishamn in Southern Sweden as the youngest of three children, he grew up in Uddevalla, north of Gothenburg, where his parents operated a...
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Percy N. Barnevik (born 13 February 1941 in Simrishamn) is a Swedish business executive, probably best known as CEO and later Chairman of Asea Brown Boveri 1988-2002, a company he created in a bold cross-border merger in 1988. He was long considered Europe's answer to General Electric CEO Jack Welch.
Born in Simrishamn in Southern Sweden as the youngest of three children, he grew up in Uddevalla, north of Gothenburg, where his parents operated a small printing company. Barnevik competed successfully in yacht racing and says his childhood experiences still influence his decision making process. Barnevik was educated at Göteborg University's School of Economics and Commercial Law and at Stanford Graduate School of Business. He has later received seven honorary doctorates in Sweden, Finland and USA, including from Linköping University (1989) and Göteborg University (1991).
Barnevik started his professional career in the Swedish company Datema, but soon moved to Sandvik, because of the...
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