Marcus Wallenberg, Jr. RoKKMO |
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Marcus Wallenberg during the 1960's
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Born |
, Sweden |
5 October 1899
Died | 13 November 1982 , Sweden |
(aged 83)
Nationality | Swedish |
Alma mater | Uppsala University |
Occupation | Banker Tennis player |
Spouse(s) |
Dorothy Mackay (m. 1923–35) Marianne De Geer af Leufsta (m. 1937–78) |
Children | Peter Wallenberg Marc Wallenberg Ann-Mari Wallenberg |
Parent(s) |
Marcus Wallenberg Amalia Wallenberg |
Relatives | Jacob Wallenberg (brother) |
Awards | Royal Order of the Seraphim and more |
Marcus "Dodde" Wallenberg, Jr. RoKKMO (5 October 1899 in Stockholm, Sweden – 13 September 1982 in Stockholm), was a Swedish banker and business manager. He was the most influential representative for the Swedish industrial tradition and Swedish business’ during the 20th century. He was the CEO of 1946–1958 and during half a century – from the early 1930s until his death 1982 – he led and reconstructed many of Sweden's largest companies. During World War Two Marcus together with Erik Boheman were appointed to conduct the Swedish trade negotiations.
Marcus Wallenberg had a big interest in sailing and tennis. He participated in the 1936 Olympic games and was a Swedish elite tennis player. He received a technological honorary degree from Royal Institute of Technology.
Wallenberg was born in , Sweden, the son of Marcus Wallenberg and his wife Amalia (née Hagdahl) and brother of Jacob Wallenberg. He passed studentexamen in 1917 and became a reserve officer in 1919 and graduated from the in 1920. Wallenberg pursued banking studies and had various jobs in Geneva, London, New York City, Paris and Berlin from 1920 to 1925. Wallenberg was an avid tennis player and became Swedish indoor champion in single game for gentlemen in tennis in 1920 and 1926. Wallenberg became assistant director of in 1925 and was Vice CEO and member of the board there from 1927. Wallenberg was during the early 1930s board member of Järnvägs AB Stockholm–Saltsjön, AB Atlas Diesel, Investor AB, AB Diligentia, Rederi AB Tanker, ASEA, AB Elektro-Invest and Trafik AB Stockholm-Björknäs. He was also a member of the council of the Stockholm Chamber of Commerce.
He was in the late 1930s, chairman of the board of AB Atlas-Diesel, AB Lauxein-Casco, Hults Bruks AB, Industri AB Furuplywood and Trafik AB Stockholm-Björknäs. Wallenberg was also vice chairman of Telefon AB L.M. Ericsson and board member of AB Diligentia, Electro-Invest, AB Förenade Flygverkstäderna, AB Nordströms Linbanor, AB Scania-Vabis, AB Svenska Järnvägsverkstäderna, ASEA, Ericsson Telephones Ltd., Järnvägs AB Stockholm–Saltsjön, Mexican Telephone and Telegraph Co., Plantagengesellschaft Clementina, Società Elettro-Telefonica Meridionale, Società Esercizi Telefonici and the Federation of Swedish Industries (Sveriges Industriförbund). He was also chairman of the Swedish Lawn Tennis Association (Svenska Lawntennisförbundet) and the Sailing Association Havsörnarna.