Desenio Group appoints new CFO Kristian Lustin
10 MAY 2021
Desenio Group AB (“Desenio Group”) has recruited Kristian Lustin as Chief Financial Officer. He is presently CEO at RNB Retail and Brands which is listed on Nasdaq OMX Stockholm.
Kristian Lustin joined RNB six years ago as the Group CFO and has been President and CEO since January 1, 2020. His previous experiences also include Controller at Modern Times Group (MTG), Finance Director at Munters and Authorized Public Accountant at Deloitte.
Kristian has an M.SC. in Business and Economics from Uppsala University.
Fredrik Palm, CEO at Desenio Group comments:
"We are very happy to welcome Kristian to our management team. He has a solid experience as CFO from companies listed on Nasdaq Stockholm and a deep understanding of the retail industry. We expect him to further strengthen our financial excellence and support our continued growth journey."
Kristian Lustin comments:
"I am excited to join Desenio Group. I am impressed by its rapid and robust development, focusing both on organic growth and the acquisition of Poster Store and am looking forward to start contributing."
Start date for Kristian Lustin as CFO is still to be decided and will be communicated accordingly.
This information is regulatory and was submitted, through the agency of the contact person below, for publication on 10 May, 2021 at 13:00 CEST.
He will succeed Petter Blid, who has held the position of interim CFO since January 2020.
For further information, please contact:
Fredrik Palm, CEO
fredrik.palm@deseniogroup.com, +46700807637
Linda Vikström, Head of IR
ir@deseniogroup.com, +46735341762
Desenio Group is a Swedish, fast growing digital direct-to consumer company with a leading position as an online based provider of affordable wall art in Europe. The Company offers its customers a unique and curated assortment of over 6,000 designs as well as frames and accessories in 35 countries via 20 local websites. Leveraging a data-driven strategy both for the creation of art and for attracting new customers, Desenio has grown rapidly and profitably since 2015. Desenio’s shares are publicly listed on First North Growth market under the ticker “DSNO” with FNCA Sweden AB as its Certified Adviser; info@fnca.se, +46 8 528 00 399. Desenio Group’s bonds are listed on Frankfurt Stock Exchange Open Market Quotation Board. For more information, please visit deseniogroup.com.
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