Industrivärden appoints new CEO

Swedish holding company Industrivärden appoints a new CEO in the wake of a luxury jet scandal that has rocked the company. Helena Stjernholm is set to become the new chief executive on September 1. She currently runs the Stockholm office of the Nordic-focused IK investment Partners. She joined IK Investment Partners in 1998 as a Deputy Director.  The appointment was announced amidst other management changes at Swedish companies including new chief executives at mining equipment company  Sandvik and the bank of Nordea.