Gunnebo AB appoints new CFO and CIO

Fredrik Östman has been appointed the new CFO and CIO for Gunnebo Security Group. He succeeds Hans af Sillén, who will take on other assignments outside the group. Fredrik Östman will take up the position as of November 15, 2010.

”Over the past five years, Hans af Sillén has played an important role within the Group and the changes that it has gone through. Among other things he has had an important part in the implementation of a new IT-infrastructure and the development of a new financial reporting system for the Group”, says Per Borgvall, President and CEO Gunnebo AB.

“I would like to express my biggest gratitude to Hans of Sillén for work well performed and at the same time welcome Fredrik Östman and wish him great success in his new role as CFO and CIO for the Gunnebo Security Group”.

Fredrik Östman (44), MBA, has since 2008 held the position as CFO at Gambro AB. Before that he had senior management positions within the Electrolux/Husqvarna Group, e.g. CFO and SVP for Husqvarna in North America and prior to this at TI Group Plc/Forsheda and ABB.

Fredrik Östman will be a member of Gunnebo’s Group executive team.

Per Borgvall
President & CEO

GUNNEBO AB (publ)
Group Communications

Per Borgvall, President and CEO Gunnebo AB, phone. 031-86 38 00, or
Karin Wallström, Communication Manager Gunnebo AB, phone. 031-83 68 06,
mobile: 0708-28 33 39 or e-mail: karin.wallstrom@gunnebo.com

Gunnebo Security group has an annual turnover of MEUR 640 and 5,900 employees. We are suppliers of integrated security solutions for ban, retail and sites in need of high security protection. Our experience and presence make your world safer.

About Us

The Gunnebo Group is a global leader in security products, services and solutions with an offering covering cash management, safes and vaults, entrance security and electronic security for banks, retail, mass transit, public & commercial buildings and industrial & high-risk sites. The Group has an annual turnover of MSEK 6,000, employs 5,200 people and has sales companies in 28 countries across Europe, Middle East & Africa, Asia-Pacific and the Americas as well as Channel Partners on over 100 additional markets. We make your world safer.

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