Erik Gumabon takes over as CEO on November 1

Erik Gumabon, who was appointed as President and CEO of Hemtex on September 15, will take up his position on November 1, 2009. Sales and Marketing Director Mats Olsson has today been appointed as acting CEO of Hemtex until Erik Gumabon takes up his post.

“It feels reassuring that Erik Gumabon will be in place as early as November. In order to ensure continued momentum in both strategic work and the daily operations, Sales and Marketing Director Mats Olsson has been appointed acting CEO for the month of October”, says Per Wiberg, Chairman of Hemtex. Mats Olsson is 45 and has been working at Hemtex since 2009. Mats Olsson joined Hemtex from Helly Hansen where he was global retail sales director. Prior to this Mats Olsson worked for many years as deputy CEO of the sporting goods chain Stadium. In view of the above, Göran Ydstrand will leave his remaining assignments within Hemtex today on September 30, 2009.

About Us

Hemtex is a leading Nordic retail chain in the market for home textiles, with more than 150 stores in the Nordic region. Hemtex is based on an attractively priced and functional range of home décor products, with a focus on home textiles for all rooms in a house. At December 31, 2013, the Hemtex Group’s annual sales amounted to SEK 981,3 million. Hemtex shares are quoted on Nasdaq OMX Stockholm, Small Cap. Hemtex has been a subsidiary of Hakon Invest AB since June 2009.

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