CEO shift at Dometic
Roger Johansson, CEO and President of Dometic, has in joint understanding with the Board of Directors decided to leave his assignment. Juan Vargues, currently head of the Entrance Systems division at ASSA ABLOY, has been appointed as new CEO. Roger Johansson will remain in his current role until the year-end.
”I would like to thank Roger for his five years with Dometic. Roger has achieved an outstanding transformation of the company, with the IPO in 2015 as an important milestone. Today, the company stands very strong and now enters the next phase. With Juan’s strong business experience and proved leadership, I and the board have found a very suitable leader for the next phase in the company’s development”, says Fredrik Cappelen, Chairman of the Board at Dometic.
”I am leaving Dometic after five intense years. Following an extensive transformation, the company now stands strong. I still have a lot of heart for the company, but now is a good moment for a new leader to continue Dometic’s fantastic journey ahead. I have made this decision as I want to pursue a number of private projects before I decide to take on any new assignments”, says Roger Johansson.
”I have accepted the offer to become the new CEO of Dometic with great humility. I am really looking forward to lead the company to the next level and continue the successful work that Roger and his team has initiated”, says Juan Vargues.
Roger Johansson will continue as CEO until the year-end, when Juan Vargues take office as CEO.
Juan Vargues, today Head of Entrance Systems at ASSA ABLOY, has previously worked as President and CEO of the Besam Group and has held several positions within the SKF group.
For more information, please contact:
Johan Lundin, Head of Investor Relations and Communications
Tel: +46 (0)8 501 025 46
This information is information that Dometic Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08:00 CEST on July 18, 2017.
ABOUT DOMETIC GROUP
Dometic is a global market leader in branded solutions for mobile living in the areas of Climate, Hygiene & Sanitation and Food & Beverage. Dometic operates in the Americas, EMEA and Asia Pacific, providing products for use in recreational vehicles, trucks and premium cars, pleasure and workboats, and for a variety of other uses. Dometic offer products and solutions that enrich people’s experiences away from home, whether in a motorhome, caravan, boat or a truck. Our motivation is to create smart and reliable products with outstanding design. We operate 22 manufacturing/assembly sites in nine countries, sell our products in approximately 100 countries and manufacture approximately 85% of products sold in-house. We have a global distribution and dealer network in place to serve the aftermarket. Dometic employs approximately 6,500 people worldwide, had net sales of SEK 12.4 billion in 2016 and is headquartered in Solna, Sweden.