Peter Ragnarsson leaves Axis AB

Peter Ragnarsson leaves his position as CEO of Axis AB after having been offered the same position at another listed company. The work with recruiting his successor is already in progress, during that process Peter Ragnarsson will remain as Axis' CEO for a period of maximum six months.

"We want to express our thanks to Peter, who in a very successful way has restructured Axis to become the focused and profitable company it is today. With the changes in management, we now get the opportunity to find a leader with the best possible abilities to execute Axis' strategies with focus on the growing video and security market", says Mikael Karlsson, Axis' Chairman of the Board.