CEO to leave Dustin

Dustin’s CEO Georgi Ganev has informed of his intention to leave his position at Dustin at the end of the year in order to take on the position as CEO of Kinnevik.

The search process for his successor will be initiated immediately. Georgi Ganev will remain as CEO during his six-months notice period.  

- Georgi Ganev has built a strong team and developed Dustin’s business through geographical expansion and a broadened offering during his five years as CEO. Thanks to a strong position and an efficient business model Dustin is well positioned for future growth. On behalf of the whole board I want to give my warmest thanks to Georgi for his great efforts for Dustin and wish him all the best in his future role, said Fredrik Cappelen, Chairman of the Board of Directors Dustin.

- It has not been an easy decision to leave Dustin. I am very proud of what we have achieved together and is confident that the team at Dustin will continue to successfully develop the company, said Georgi Ganev CEO of Dustin.

Georgi Ganev has been the CEO of Dustin since 2012.

Contact person:

Eva Ernfors, Head of Information eva.ernfors@dustin.se, +46 70 258 62 94

This information is information that Dustin Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08:00 CET on June 26, 2017.

About Dustin

Dustin is one of the leading Nordic resellers of IT products with associated services to companies, the public sector and private individuals. With its core business in e-commerce, Dustin functions as a bridge between the manufacturer’s wide-ranging offerings and customer requirements, in which Dustin’s employees support customers in finding the appropriate solution for them.

Dustin is a one-stop-shop that offers some 200,000 products with associated services, features and solutions. Operations are conducted in Sweden, Denmark, Norway and Finland.

The company has approximately 900 employees. Sales during the 2015/16 financial year amounted to approximately SEK 8.3 billion. About 90 per cent of Dustin’s income derives from the corporate market with a focus on small and medium-sized companies. Dustin Group has been listed on Nasdaq Stockholm since 2015 and has its head office in Nacka, Stockholm.

About Us

Dustin is a leading online based IT-partner with operations in the Nordics and the Netherlands. The Company offers IT products with associated services and solutions to companies, the public sector and private individuals with a main focus on small and medium-sized companies. Dustin functions as a bridge between the manufacturers’ wide-ranging offerings and customer requirements. The Company offers some 255,000 products with associated services where Dustin’s employees support customers in finding the appropriate solution. Dustin has more than 1.500 employees. Sales for the 2018/19 financial year amounted to SEK 12.5 billion. More than 90 per cent of Dustin’s income derives from the corporate market. Dustin Group has been listed on Nasdaq Stockholm since 2015 and has its head office in Nacka, Stockholm.

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