Simone Margulies today assumes the role as President and CEO of Axfood

Simone Margulies today assumes the role as President and CEO of Axfood. She succeeds Klas Balkow, who previously has announced his decision to conclude his executive career.

Most recently, Simone Margulies was Managing Director of Hemköpskedjan AB, and prior to that she had the role as Deputy CEO of Axfood’s purchasing and logistics company Dagab. In total, Simone has more than 18 years of experience in food retail.

– I am both honoured and very happy that the Board of Directors has given me their confidence, and with much enthusiasm I am ready to get going. There is so much capacity in this company, and I look forward to work together with all driven employees to write the next chapter in Axfood’s history and to take additional steps towards being the leader in affordable, good, and sustainable food, says Simone Margulies.

In addition, Shoan Etemadi, formerly Deputy Managing Director and Head of Sales
of Hemköpskedjan, today assumes the role as new Managing Director of Hemköpskedjan.

 

For further information, please contact:
Magnus Törnblom, Head of Press, tel +46 70 266 27 12, magnus.tornblom@axfood.se

 

Axfood aspires to be the leader in affordable, good and sustainable food. Our family of companies includes the store chains Willys and Hemköp as well as Tempo, Handlar’n and Matöppet. B2B sales are handled through Snabbgross, and our support company Dagab is responsible for the Group's product development, purchasing and logistics. The Axfood family also includes Middagsfrid and Urban Deli as well as the partly owned companies Apohem, Eurocash and City Gross. Together the Group has approximately 13,000 employees and sales of more than SEK 80 billion. Axfood has been listed on Nasdaq Stockholm since 1997, and the principal owner is Axel Johnson AB. Read more at www.axfood.com.