According to a document at the British Companies House, which TT has accessed, Mikael Walther's assignment in Klarna's board has been terminated.
"The consequence is one less independent voice in the board", he says in a statement to Dagens industri.
In a press release, the company writes that Walther was voted out with a majority of 87 percent. Klarna has declined to give any further comment.
Owns 9 percent
Financial Times revealed in early October that a conflict had arisen between the company's two co-founders Sebastian Siemiatkowski and Victor Jacobsson, where Mikael Walther represents the latter in the board.
Together, Walther and Jacobsson own around 9 percent of the company's shares, according to Bloomberg.
According to information to the newspaper, Walther has, among other things, opposed a bonus program for Siemiatkowski and that those who invested in the company early should get a type of shares that gives greater influence in the event of a listing.
The board, with chairman Mike Moritz at the helm, has in turn let a law firm investigate Mikael Walther and, among other things, come to the conclusion that he "on repeated occasions has obstructed the management and the board's freedom to act in Klarna's best interest, and that of its shareholders". Something he himself has denied.
Ready for the stock exchange
During the day, the company has held an extraordinary general meeting where the owners have voted on Walther's future.
Most indications suggest that payment giant Klarna is going to the stock exchange next year.
The company's CEO Sebastian Siemiatkowski has previously said, among other things to TT, that the company is ready and that it's just a matter of timing.
