Commentary: Astra: Time To Take A Stand, Mr. Barnevik

Since taking the chairman's seat at Investor 10 months ago, Percy Barnevik has launched a high-profile effort to modernize the Wallenberg corporate empire. He has installed new executives and pushed for cost-cutting at companies the Wallenberg holding company owns major stakes in. And he has called for diversifying the clubby boards of Wallenberg companies--part of his plan to boost shareholder returns.

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