Cristina Stenbeck facts for kids
Quick facts for kids
Cristina Stenbeck
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| Born | 27 September 1977 New York City, New York, United States
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| Nationality | Swedish |
| Occupation | Investor |
| Spouse(s) | Alexander Fitzgibbons |
| Children | 5 |
| Parent(s) | Jan Stenbeck Merrill MacLeod Stenbeck |
Cristina Mayville Stenbeck was born on September 27, 1977, in New York City, United States. She is a Swedish businesswoman and investor. She used to be the main boss (executive chairman) of Kinnevik AB. This is one of the biggest investment companies in Sweden. She also owns a lot of shares in it.
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Cristina Stenbeck's Early Life
Cristina Stenbeck was born in New York City. She is the oldest daughter of Jan Stenbeck (1942-2002). He was a Swedish businessman and entrepreneur. Her mother is Merrill MacLeod Stenbeck, who is American. Cristina has three younger siblings: Hugo, Sophie, and Max Stenbeck.
Cristina's grandfather was Hugo Stenbeck (1890–1977). He was also a Swedish businessman and a lawyer. He helped start the family company, Kinnevik AB. Cristina went to St. Andrew's School (Delaware) in Delaware. She later became a trustee there. In 2000, when she was 22, she graduated from Georgetown University in Washington, D.C.. She earned a Bachelor of Science degree.
Cristina Stenbeck's Career Journey
Cristina Stenbeck started her business career in 1997. She joined the board of Invik & Co. This company offered financial services. It helped with insurance, managing money, and banking. In 2003, Cristina became the vice chairman of Kinnevik AB. She then became the chairman in 2007. In 2016, she stepped down as chairman of Kinnevik. She wanted to focus more on being an investor.
Changes at Kinnevik AB
After 2003, Cristina made many successful changes at Kinnevik AB. She brought the ownership of the group closer together. She also made the company's structure simpler. She sold off parts of the business that were not central to its main goals. This helped to reduce debt and make the company's finances clearer.
Expanding Kinnevik's Global Reach
Under Cristina's leadership, Kinnevik's global network grew a lot. The Kinnevik Group now works in over 80 countries. They are involved in communication, entertainment, media, and online shopping. Well-known brands like Tigo, Tele2, Viasat, and Zalando were part of Kinnevik's reach.
Some of these companies, like Tigo, Viasat, and Zalando, later became independent. They are no longer part of Kinnevik AB.
Board Roles at Other Companies
In early 2014, Cristina was chosen to be the chairman of the board at Zalando. This is a popular online fashion store. She also joined the board of Spotify, a music streaming service. She served as the Chairperson on the Board of Zalando from 2019 to 2023. She was also a non-executive director on the Board of Spotify for six years, from 2017 to 2023.
Honors and Awards for Cristina Stenbeck
In April 2012, Cristina Stenbeck received the Swedish Royal Patriotic Society Business Medal. This award was for her excellent work as an entrepreneur. In November 2012, she won the Golden Gavel. This award recognized her strong leadership as the chairman of a public company. In 2016, European Business Press (EBP) named her the European Manager of the Year.
Cristina Stenbeck's Personal Life
Cristina Stenbeck married Alexander Fitzgibbons in September 2005. He is an English businessman. They have five children together.
