Many shareholders in the company and major owners are unhappy about the 2.2 million konor settlement paid to the previous company chairman Lars Ramqvist, believing it to be too great a sum.
The issue has reportedly split Skandia’s board with chairman Bernt Magnusson and vice-chairman Björn Björnsson said to be considering resignation if Ramqvist’s financial settlement is not approved by share holders at a meeting to be held on April 14.
Sources: Dagens Industri
