Georg Brunstam proposed as new Chairman of the Board in Inwido

The Nomination Committee of Inwido, Europe’s largest supplier of windows, will propose Georg Brunstam as new Chairman of the Board at an extra general meeting. Georg Brunstam was born 1957 and is today chairman of HEXPOL AB and board member of Melker Schörling AB, Nibe Industrier AB and Beckers Industrial Coatings Holding AB. Georg has been active in the manufacturing industry for more than 30 years, most recently as CEO of Hexpol. Inwido’s former Chairman of the Board Arne Frank suddenly passed away during the summer 2017 and since then Board member Anders Wassberg, President and CEO of Ballingslöv, has been acting chairman of Inwido.  

The Chairman of the Nomination Committee, Thomas Wuolikainen (Fourth AP Fund), comments;
"After the tragic message about Arne passing away, the Nomination Committee has worked intensively and constructively. We are therefore pleased that we now can propose a new Chairman of the Board in Inwido. The Nomination Committee assesses that Georg Brunstam, as strategic and senior leader, holds several of the qualities Inwido searched for in a new Chairman. During many years, he has successfully developed and operated listed companies where, among other things, international acquisition-based growth has created value for the shareholders. Georg is a highly skilled businessman, a recognized talented leader and strategically versatile. "

The extraordinary general meeting is scheduled to be held before the end of the year.

Inwido’s Nomination Committee consists of Chairman Thomas Wuolikainen (Fjärde AP-fonden), Helen Fast-Gillstedt (Handelsbanken Fonder AB) and Bo Lundgren (Swedbank Robur Fonder).

Please read the pressrelease in the pdf attached

For further information, please contact
Thomas Wuolikainen, Chairman of the Nomination Committee
Phone: +46 (0)70-603 45 73

About Inwido
Inwido is Europe’s largest supplier of windows and a leading door supplier. The company has operations in Denmark, Finland, Norway, Sweden, Austria, Estionia, Ireland, Lithuania, Poland and the UK, as well as exports to a large number of other countries. The Group markets some 20 strong local brands including Elitfönster, SnickarPer, Hajom, Hemmafönster, Outline, Tiivi, Pihla, Diplomat and Sokolka. Inwido has approximately 4,000 employees and generated sales of slightly more than SEK 5.7 billion in 2016. The Group's headquarters are located in Malmö, Sweden. For further information, please visit www.inwido.com

Tags:

About Us

Inwido is Europe’s largest manufacturer of windows and doors. The company operates in Denmark, Finland, Norway, Sweden, Austria, Estonia, Germany, Ireland, Lithuania, Poland and the UK and also exports products to other countries. Inwido had in 2015 an annual turnover of over SEK 5.2 billion and has 3400 employees. The Inwido headquarter is located in Malmö, Sweden. Inwido reaches the customer with strong local brands, focused on both the consumer and industrial markets. That way they reach a broad market of windows and doors. In 2015, sales to the consumer market were about 70 percent of total sales, while sales to the industrial market accounted for about 30 percent. The consumer market was dominated by housing projects like renovating, re-building and extending current houses. Projects often motivated by public subsidiaries. The industrial customers are mainly bigger construction company´s and house manufacturer were the business is conducted by frameworks agreements and bigger volumes. Friday September 26, 2014 Inwido was listed as a mid-cap company at NASDAQ Stockholm.

Subscribe

Media

Media

Documents & Links