Ratos: Nina Jönsson new CEO of HL Display
(Thomson Reuters ONE) -
This information is disclosed in accordance with the Securities Markets Act, the
Financial Instruments Trading Act or demands made in the exchange rules.
Nina Jönsson has been appointed the new CEO of HL Display, a global supplier of
products and systems for in-store communication and merchandising. Nina Jönsson
has extensive experience of international retail, most recently as the Senior
Vice President Category & Purchasing for ICA Sverige. She is expected to
commence during the first quarter 2016 and will succeed Gérard Dubuy, who is
leaving his position as CEO after nine years.
Since 2010, Nina Jönsson has been the Senior Vice President Category &
Purchasing for ICA Sverige, which has included responsibility for building up
ICA's private label brands. Prior to this, Nina worked at Proctor&Gamble, where
she held a number of executive positions for 18 years, including as Market
Strategy and Planning Director for the East European market, Country Manager for
Sweden and Customer Marketing Manager for the Nordic region. Nina Jönsson is 49
years old; was born and grew up in Helsinki and has a BSc in Business
Administration, Economics and Marketing from Uppsala University.
In recent years, HL Display has developed its operations by implementing major
changes to streamline production, as well as a new global sales strategy to
increase its share of concept sales. After a few years of intense change and an
ever-changing market, the company is now entering a new phase, which is why the
Board of Directors of HL Display has decided to recruit a new CEO. Gérard Dubuy
has been the CEO of HL Display since 2006. The current CFO will become the
Acting CEO until Nina assumes her position.
"During Gérard's time as CEO, HL Display successfully implemented restructuring
measures in production, logistics and administration. Gérard has also been
instrumental in creating the leading market position that the company has today.
The company is now entering a new phase with a major focus on growth. Nina
Jönsson is contributing extensive experience from the most important customer
segments, retail and brand suppliers, which I believe is positive for the
continued development of HL Display. She also has a strong track record, with
broad international experience," says Susanna Campbell, CEO of Ratos.
Ratos became part owner of HL Display in 2001 and in 2010, acquired most of the
shares and bought the company from Nasdaq Stockholm. HL Display is currently a
market-leading player with an international offering of products and systems for
store communication and merchandising in 47 countries. Ratos's holding in HL
Display currently amounts to 99% and the consolidated book value was SEK 817m at
30 June 2015. The number of employees amounts to about 1,150. HL Display
reported sales of SEK 1,509m in 2014 and the adjusted EBITA amounted to SEK 77m.
For further information, please contact:
Robin Molvin, Senior Investment Manager, +46 8 700 17 00
Elin Ljung, Head of Corporate Communications, +46 8 700 17 20
Financial calendar from Ratos:
Interim report January-September 2015 6 November 2015
Ratos is a private equity conglomerate. The company's mission is to maximise
shareholder value over time through the professional, active and responsible
exercise of its ownership role in primarily unlisted medium sized Nordic
companies. Ratos's holdings include AH Industries, Aibel, Arcus-Gruppen, Biolin
Scientific, Bisnode, DIAB, Euromaint, GS-Hydro, Hafa Bathroom Group, HENT, HL
Display, Inwido, Jøtul, KVD, Ledil, Mobile Climate Control, Nebula and Speed
Group. Ratos is listed on Nasdaq Stockholm and market capitalisation amounts to
approximately SEK 18 billion.
Press release (PDF):
http://hugin.info/1180/R/1954983/711625.pdf
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GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Ratos via GlobeNewswire
[HUG#1954983]
Unternehmensinformation / Kurzprofil:
Datum: 29.09.2015 - 08:30 Uhr
Sprache: Deutsch
News-ID 423190
Anzahl Zeichen: 4682
contact information:
Town:
Stockholm
Kategorie:
Business News
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"Ratos: Nina Jönsson new CEO of HL Display"
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