Investment Kings of Sweden Shrug Off Loss of Five CEOs at Once

For an industrial dynasty whose forebears ran Swedish diplomacy during World War I and defied Adolf Hitler in World War II, the biggest management disruption in a generation hardly constitutes a crisis.

In the last two weeks, the Wallenberg family’s $29 billion empire has lost or changed chief executives at five listed companies involved in everything from wireless networks and currency trading to making industrial tools and specialty drugs.