Annual General Meeting of ASSA ABLOY AB (publ.) - new chairman to take over
After 12 years as chairman of ASSA ABLOY, Georg Ehrnrooth will leave the board at the Annual General Meeting in April.
"I've been chairman of the board since the group was founded in 1994, and I've seen amazing growth," Ehrnrooth says. "The level of Finnish ownership has gradually decreased to almost nothing, so this seems like a appropriate time for me to retire."
The nomination committee has recommended Gustaf Douglas as the new chairman of the board.
"ASSA ABLOY has just appointed a new CEO, Johan Molin, and is looking forward to an exciting period of growth as the world's leading company in this industry," Douglas says. "I'm looking forward to heading the board in the coming years."
In addition to usual business, the annual general meeting will deal with a proposal from the board for an incentive program targeting leading personnel within the ASSA ABLOY Group.
Further information can be obtained from
Johan Molin, President and CEO, Tel: +46 8 506 485 42
Göran Jansson, Deputy CEO and CFO, Tel: +46 8 506 485 72
Martin Hamner, Director of Investor Relations and Group Controller, Tel: +46 8 506 485 79
The press release and an invitation to the Annual General Meeting is attached here:
ASSA ABLOY is the world's leading manufacturer and supplier of locking solutions, meeting tough end-user demands for safety, security and user friendliness. The Group has some 30,000 employees and annual sales of about EUR 3 billion.