Opus Inspection welcomes Sandra McCulloch as new CEO

Lothar Geilen, CEO of Opus Group, announced Sandra McCulloch as the new CEO of Opus Inspection on April 1, 2017.  Sandra is a results oriented executive with 30 years of global automotive experience, and a diversified background in senior management.  She has held senior management roles at Delphi, General Motors, and CAMI Automotive.  She has earned a Master of Science in Management from Stanford University and a Bachelor of Science in Metallurgical Engineering from Queen’s University.

“I am particularly gratified that an executive as qualified as Sandra has agreed to join our organization at this critically important juncture in our development,” said Lothar Geilen. “Her technical background and entrepreneurial spirit in combination with her highly successful executive management career are the perfect combination to lead Opus Inspection into our next level of growth and prosperity.”

“I am honored to have been chosen to lead Opus Inspection into our new growth phase. With the talented people and innovative technology within Opus Inspection, I am convinced that our team has the tools and ability to deliver on our five-year business plan. This is an incredibly exciting time to be joining this dynamic team,” said Sandra McCulloch. “It’s inspiring to know that I will be part of a team that is focused on making the world a cleaner and safer place.”

Ms. McCulloch fills the position left open when Mr. Geilen assumed the role of CEO of Opus Group, and is strengthening the management team as part of the corporate growth plan presented on February 14. The plan includes expansion into new markets and strategic acquisitions, with the goal of doubling Opus’ revenue in five years.

Mölndal, April 19, 2017
Opus Group AB (publ)

For additional information, please contact
 

Lothar Geilen, CEO and President
Tel: +46 31 748 34 00
E-mail: lothar.geilen@opusinspection.com

Peter Stenström
Investor Relations
Phone: 46 765 25 84 93
E-mail: peter.stenstrom@opus.se

Opus Group is a technology driven growth company in the vehicle inspection market. The company has a strong focus on customer service and innovative technology within IT, emission testing and vehicle communication. The Group had SEK 1,697 million in revenues in 2016 with strong operating cash flow and good operating profitability. With close to 1,700 employees, Opus Group is headquartered in Mölndal in the Gothenburg region of Sweden and has 26 regional offices, 20 in the United States and the others in Stockholm, Argentina, Peru, Chile, Mexico and Pakistan. Opus Group has production facilities in the U.S. in Hartford and Ann Arbor. The Opus Group share is listed on Nasdaq Stockholm.

About Us

Opus is a technology driven growth company in the vehicle inspection and vehicle services markets. The company has a strong focus on customer service and innovative technology within emission and safety testing and vehicle services. Opus’ plan is to double its revenues to reach USD 400 million in revenues and USD 100 million in EBITDA by 2021. The main growth is estimated to come from the expansion of the vehicle communication and services business and the international expansion of the vehicle inspection business with a primary focus on the Latin American and Asian markets. Opus is headquartered in Gothenburg, Sweden. Opus has 30 regional offices of which 20 are located in the United States and the others in Stockholm, Peru, Chile, Argentina, Australia, Germany (dormant), Mexico and Pakistan. Opus has production facilities in the U.S. in Hartford, Ann Arbor and Tucson. The Opus share is listed on Nasdaq Stockholm.

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