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Paradox Interactive CEO’s ‘Inappropiate Behavior’ Sinks Shares

Paradox Interactive AB’s shares lost almost a 10th of their value after Chief Executive Officer Fredrik Wester took to Twitter to say he had behaved inappropriately toward an employee in 2018. 

Wester was the Swedish gaming firm’s chairman until he was named CEO two weeks ago to replace Ebba Ljungerud, who left due to “differing views on the company’s strategy,” according to a statement. Just prior to that, local news outlet Breakit reported that a union survey had shown almost half of the participants had experienced mistreatment at the Swedish branch.