Ratos AB: Magnus Agervald assumes his position as CEO November 14

(Thomson Reuters ONE) -


In accordance with previous announced decision, the Board of Directors has
decided to appoint Magnus Agervald as the new CEO of Ratos. Magnus assumes his
new position at November 14, 2016.

Magnus assumes his new position as CEO of Ratos at November 14, 2016. Magnus
Agervald has been President & CEO of the publicly listed Byggmax Group since
2008, prior to which he was a consultant at McKinsey & Company, an Investment
Manager at the Nordic private equity firm IDI, and the founder of Icomera, a
mobile internet company.

In conjunction with Magnus Agervald assuming his position in November, Acting
CEO Lars Johansson will return to his role as Investment Director at Ratos.

For further information, please contact:
Elin Ljung, Head of Corporate Communications, elin.ljung(at)ratos.se,
+46 8 700 17 20


Financial calendar from Ratos:
Interim report January-September 2016           10 November 2016
Year-end report 2016                                      17 February 2017
Interim report January-March 2017                  8 May 2017
Interim report January-June 2017                    17 August 2017
Interim report January-September 2017           6 November 2017

Ratos is an investment company that owns and develops unlisted medium-sized
Nordic companies. Our goal as an active owner is to contribute to long-term and
sustainable business development in the companies we invest in and to make
value-generating transactions. Ratos's portfolio consists of 21 medium-sized
Nordic companies and the largest segments in terms of sales are Construction,
Industrials and Consumer goods/Commerce. Ratos is listed on Nasdaq Stockholm and
has a total of approximately 16,100 employees.


Press release (pdf):
http://hugin.info/1180/R/2045430/764091.pdf

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Ratos via GlobeNewswire

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Bereitgestellt von Benutzer: hugin
Datum: 29.09.2016 - 08:46 Uhr
Sprache: Deutsch
News-ID 497776
Anzahl Zeichen: 2369

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