Proposal by the Nomination Committee regarding the Board of Directors of Cloetta AB
Cloetta’s Nomination Committee has informed the company of its proposal regarding new Board of Directors.
The Nomination Committee proposes re-election of the current directors Lilian Fossum Biner, Mikael Aru, Lottie Knutson, Mikael Norman, Camilla Svenfelt and Mikael Svenfelt. Adrian Nühn has declined re-election.
Lilian Fossum Biner is proposed to be re-elected as the Chairman of the Board of Directors. Furthermore, the Nomination Committee proposes Alan McLean Raleigh as new director.
Alan McLean Raleigh has an extensive background in the FMCG industry, most recently at Unilever where he served as Executive Vice President, Personal Care Supply Chain. During a career spanning more than 30 years with Unilever, he held several manufacturing, engineering and business transformation positions. He is a board member of Robinson Packaging plc. Alan McLean Raleigh, born in 1959 is a U.K. citizen. He has a Bachelor´s degree in Production Engineering and Production Management from the University of Strathclyde.
Information on the composition of the Nomination Committee of Cloetta is available on Cloetta’s website www.cloetta.com
The Annual General Meeting will be held on Monday, 16 April 2018 in Stockholm
This information constituted before the publication inside information and is such that Cloetta AB (publ) is required to disclose pursuant to the EU Market Abuse Regulation. The information was submitted, by the below contact person, for publication on 15 February 2018 at 17.00 pm CET.
Jacob Broberg, SVP Corporate Communications & Investor Relations, 46 70 190 00 33.
Cloetta, founded in 1862, is a leading confectionary company in the Nordic region and the Netherlands. Cloetta´s products are sold in more than 50 countries worldwide with Sweden, Finland, Denmark, Norway, the Netherlands, Germany and the UK as the main markets. Cloetta owns some of the strongest brands on the market, such as Läkerol, Cloetta, Candyking, Jenkki, Kexchoklad, Malaco, Sportlife and Red Band. Cloetta has 8 production units in 5 countries. Cloetta’s class B-shares are traded on Nasdaq Stockholm. More information about Cloetta is available on www.cloetta.com