{"id":3993,"date":"2024-10-24T21:55:27","date_gmt":"2024-10-25T01:55:27","guid":{"rendered":"https:\/\/www.profitless.com\/?p=3993"},"modified":"2024-10-24T21:55:27","modified_gmt":"2024-10-25T01:55:27","slug":"a-boardroom-shakeup-is-the-latest-battle-in-the-war-between-klarna-co-founders","status":"publish","type":"post","link":"https:\/\/www.profitless.com\/?p=3993","title":{"rendered":"A boardroom shakeup is the latest battle in the war between Klarna co-founders"},"content":{"rendered":"<p><em>Buy now, pay later<\/em> company Klarna was founded nearly twenty years ago by Victor Jacobsson and Sebastian Siemiatkowski. A decade ago, that partnership presumably ended when Jacobsson left the company. According to the <a href=\"https:\/\/www.ft.com\/content\/19ee1051-d175-41bb-96e4-9b01f21b6edc\" target=\"_blank\" rel=\"noopener\"><em>Financial Times<\/em><\/a>, he has been a &#8220;thorn in the side of Siemiatkowski ever since.&#8221;<\/p>\n<p>Now one of Jacobsson&#8217;s key allies, Mikael Walther, has been removed from the board by a shareholder vote of over 87%. In a statement, Walther had this to say: &#8220;A majority of those present at the general meeting have decided that I shall leave the board. As a result, there will be one fewer independent voice in the boardroom.&#8221;<\/p>\n<p>Independent voices or not, this has apparently cemented CEO Siemiatkowski&#8217;s control of the board as it prepares for an IPO.<\/p>\n<pre><em>Financial Times:<\/em>\r\n<a href=\"https:\/\/www.ft.com\/content\/19ee1051-d175-41bb-96e4-9b01f21b6edc\" target=\"_blank\" rel=\"noopener\">Klarna board decides to oust co-founder\u2019s key ally in latest power tussle<\/a>\r\n<em>Wall Street Journal:<\/em>\r\n<a href=\"https:\/\/www.wsj.com\/business\/retail\/klarna-shareholders-vote-to-remove-mikael-walther-from-board-of-directors-f2fa93fe\" target=\"_blank\" rel=\"noopener\">Klarna Shareholders Vote to Remove Mikael Walther From Board<\/a><\/pre>\n","protected":false},"excerpt":{"rendered":"<p>Buy now, pay later company Klarna was founded nearly twenty years ago by Victor Jacobsson and Sebastian Siemiatkowski. A decade ago, that partnership presumably ended when Jacobsson left the company. According to the Financial Times, he has been a &#8220;thorn in the side of Siemiatkowski ever since.&#8221; Now one of Jacobsson&#8217;s key allies, Mikael Walther, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categories":[132],"tags":[133,135,134],"class_list":{"0":"post-3993","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-boardroom-intrigue","7":"tag-klarna","8":"tag-sebastian-siemiatkowski","9":"tag-victor-jacobsson"},"acf":{"sources":null},"_links":{"self":[{"href":"https:\/\/www.profitless.com\/index.php?rest_route=\/wp\/v2\/posts\/3993","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.profitless.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.profitless.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.profitless.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.profitless.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3993"}],"version-history":[{"count":8,"href":"https:\/\/www.profitless.com\/index.php?rest_route=\/wp\/v2\/posts\/3993\/revisions"}],"predecessor-version":[{"id":4001,"href":"https:\/\/www.profitless.com\/index.php?rest_route=\/wp\/v2\/posts\/3993\/revisions\/4001"}],"wp:attachment":[{"href":"https:\/\/www.profitless.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3993"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.profitless.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3993"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.profitless.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3993"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}