Starbreeze board of directors resolves to replace the CEO
STOCKHOLM (3 December 2018) – The board of directors and Bo Andersson have today agreed that Andersson will step down as CEO of Starbreeze. The board of directors has appointed the Deputy CEO Mikael Nermark as Acting CEO. Bo Andersson and Kristofer Arwin have further resigned from Starbreeze Board of Directors effective immediately. As communicated today the board has filed for reconstruction and as communicated on 23 November 2018, the board of directors has mandated executive management to review operation and the company has initiated a program to lower costs and focus on its core