Change of CEO in KappAhl AB (publ.)

The Board of Directors of KappAhl AB (publ) has on June 30, 2015 decided to discharge from office the Chief Executive Officer Johan Åberg with immediate effect and to appoint the Chief Financial Officer Anders Düring as acting Chief Executive Officer. The recruitment process for a new Chief Executive Officer has been initiated.

– Johan Åberg has put a successful effort into turning around KappAhl’s performance during the last years. The Board of Directors now makes the assessment that new leadership with more industry experience is required in order to achieve the company’s long-term targets, says Anders Bülow, Chairman of the Board of Directors.

Informationen är sådan som KappAhl AB (publ) ska offentliggöra enligt lagen om värdepappersmarknaden och/eller lagen om handel med
finansiella instrument. Informationen lämnades för offentliggörande den 30 juni 2015 kl. 11:00.

For further information, please contact:
Anders Bülow, Chairman of the Board of Directors, phone +46 70 661 09 88

KappAhl was founded in 1953 and is a leading fashion chain in the Nordic region with nearly 400 stores in Sweden, Norway, Finland and Poland together with Shop Online. KappAhl offers good-value fashion of its own design to a wide range of consumers – women, men and children – with a particular focus on women in the mid-life age range. 24% of the range is sustainability labelled. In 2013/2014, the turnover was SEK 4.7 billion and the number of employees approx. 4,000. KappAhl is quoted on NASDAQ Stockholm. For more information, please visit www.kappahl.com.

Tags:

About Us

KappAhl was founded in Gothenburg in 1953 and is a leading fashion chain in the Nordic region with close to 400 stores in Sweden, Norway, Finland and Poland. Our business idea is to offer value-for-money fashion of our own design to women in the prime of life and their family. Sustainability-labeled fashion accounts for 38 per cent of the range. Sales for 2015/2016 totaled SEK 4.7 billion and the company has approx. 4,000 employees in eight countries. KappAhl is quoted on Nasdaq Stockholm. More information is available at www.kappahl.com

Subscribe

Media

Media