Prominent Swedish Businessman Percy Barnevik Has Died
7 Articles
7 Articles
Car phone and private jet • Career highs and lows
COMMENT. A giant has passed away. Percy Barnevik was for a long time the uncrowned king of Swedish business. He was crucial to ABB's (then Asea's) success but his career came to an abrupt end.
Former ABB boss suffered a stroke. Known for pension settlement of 900 million kronor.
Percy Barnevik was a successful business leader of international stature – who later became a prominent philanthropist in the Third World.
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He was one of the biggest stars in business and has passed away. Percy Barnevik was 84 years old. "It is with great sadness that we can announce that our beloved father, Percy Barnevik, has passed away. Percy leaves a big void behind him. Our father meant a lot to us in the family and we will always remember him with warmth," his children wrote in an email to TT.
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