Changes in the management of European Lingerie Group AB
European Lingerie Group AB (ELG) announces, that Mr. Indrek Rahumaa is stepping in as an active CEO of the Group to lead the transformation required in order to improve profitability and grow the business. Mr. Peter Partma has decided to step down as CEO of the Group and Member of the Board of Directors. Mr. Partma will stay for a proper handover and will be accessible to the Group and its management team throughout fall 2019. Mr. Rahumaa has been an active Chairman of the Board of Directors so far and, thus, it will be a natural transition going forward.Mr. Indrek Rahumaa is one of