Vice Chairman since 1998. Born 1956.

B.Sc. Economics and MBA, Wharton School, University of Pennsylvania, the United States. 

Chair of the Board of investment company Investor AB, Sweden. Vice Chair of the commercial bank SEB AB, Sweden, and airline SAS AB, Sweden. Board Member of the nonprofit Knut and Alice Wallenberg Foundation, Sweden, the power and automation company ABB Ltd, Switzerland, Stockholm School of Economics, Sweden, the Nobel Foundation, Sweden and the Coca-Cola Company, the United States. 

Jacob Wallenberg is independent in relation to the company but non-independent in relation to major shareholders.

Holdings at year-end 2007: 234 790 Class A and 15 960 Class B shares.