Alevo Payments of $2 million to TSG Global Solutions

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We found an attestation from 2015 (to Alevo’s auditor? – this was around the time that the 2014 accounts were being finalized) that confirmed that TSG Global Solutions had been paid $2 million by Alevo in 2014. During this time Alevo had very poor internal controls, with individual signatories, and we decided to investigate this […]

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Alevo Group’s Convoluted Share Registration System

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At the 2016 AGM a shareholder asked the Board of Alevo Group why the shares had been registered using the SIX SIS securities depository system. This was highly cumbersome, especially for non-Swiss shareholders, as it meant that they needed to have a correspondent bank hold the shares they had in Alevo Group, especially if they […]

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2015 & 2016 – questions to answer

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In Switzerland companies are required to hold AGMs at least six months after the financial year end, and to produce accounts to shareholders before then. In 2013, 2014 & 2015 the company failed to adhere to this. AGMs are the ultimate governance mechanism for companies, but the board of ALEVO GROUP did not see fit […]

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Markus Alder

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Former Chief General Counsel of ALEVO GROUP SA, starting in early 2017  In March 2017 alevo.com described Markus Alder as: An internationally respected corporate attorney and published legal scholar with more than two decades of experience, Markus Alder oversees all legal affairs worldwide for the Alevo Group. A long-time partner at the Swiss firm Thouvenin […]

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Per Dybwad

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Director, from March 2016 & also interim CEO from 2016 Per Dybwad was elected onto the board of ALEVO GROUP SA in March 2016. In May 2016 alevo.com described him as: An international business executive and start-up specialist with nearly 30 years in leadership roles, Dybwad brings vast experience in energy distribution and storage, environmental […]

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Eric Cameron

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Eric Cameron was elected to the Board in March 2016. In May 2016 alevo.com described him as: A career journalist who rose to hold myriad board positions with companies across the globe, Eric Cameron brings vast media and business savvy to the Alevo board. His posts have included executive editorship of Dagens Næringsliv, Norway’s leading […]

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Larus Arnason

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Chief Financial Officer 2015 to 2016 January 2016 alevo.com wrote of Larus: With more than 15 years’ experience in international capital markets and executive leadership, Larus Arnason carries the overall responsibility for finance matters for the Alevo Group. His varied career has included investment banking, proprietary trading and fund-raising with market leading firms such as […]

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