Jan-Elof Cavander Proposed for Election to Greater Than Board of Directors
Greater Than, a global provider of risk intelligence into road safety and climate impact, is announcing that Jan-Elof Cavander is proposed to be elected as a new Board member.
Cavander currently holds the position of Chief Financial Officer at Purmo Group, and has extensive experience within worldwide businesses, finance, performance management, corporate strategy, M&A and joint ventures. He will shortly take up a new role as Chief Operating Officer at Virala Corporation. Through its Swedish subsidiary Nidoco AB’s investment vehicle Cuarto AB, Virala Corporation is the second-largest shareholder in Greater Than, holding approximately 20% of the company.
“The Virala Group is proud of its long-standing involvement with Greater Than and we are delighted that Jan-Elof had been proposed to join the Board. This move will further strengthen our commitment to the company and its future development. It is a particularly exciting time for Greater Than, given the growing global demand for its AI-driven crash risk and climate impact intelligence and, more importantly, mitigation solutions,” said Alexander Ehrnrooth, President & CEO of Virala Group
“Jan-Elof will be a fantastic addition to the Greater Than Board, bringing solid experience in areas such as global business development, M&A, management and strategy,” said Sten Forseke, Founder of Greater Than.
“Having a Board member from Virala demonstrates the strong confidence of one of our largest shareholders in Greater Than and supports our focus on the future, where we see incredible potential for growth,” said Fredrik Rosencrantz, Chairman of the Board of Greater Than.
Press contact Greater Than
PR@greaterthan.eu
+46 855 593 200
www.greaterthan.eu
About Greater Than
Greater Than is a global provider of risk intelligence into road safety and climate impact. Greater Than’s AI technology converts GPS data into driver scores that predict driver crash probability and climate impact. The scores can be further enhanced with features that help organizations manage and act on the data insights.
Insurance companies, underwriters, fleet solution providers, mobility providers and other owners of GPS data use Greater Than’s analysis to optimize driver risk management, achieve insurance profitability, manage sustainability & ESG reporting, and monetize GPS data. Greater Than (GREAT: ST) is listed on Nasdaq First North Growth Market. FNCA Sweden AB is the Company’s Certified Adviser. Learn more at www.greaterthan.eu.
About Virala Corporation
Virala Group is a traditional family-owned industrial company founded in 1977 in Finland. Virala Oy Ab is the parent company of Virala Group, and it has operating subsidiaries in Finland, Sweden, and the United States. The independent subsidiary Nidoco AB operates in Sweden.
For more than 20 years, Virala Group has built a decentralized, family-owned industrial group focused on strategic ownership that will endure, grow, and develop from one generation to the next. Virala Group’s strategy is to produce long-term value for its ownerships in good co-operation with other owners.
In addition to an actively managed global investment strategy, including private equity and venture capital, Virala Group consists of private and publicly traded family-controlled companies in which Virala Group has strategically significant ownership. These include Fiskars Corporation, Ahlstrom Oyj, Munksjö Paper Holding AB, and YIT Corporation. Learn more at www.virala.fi/en and www.nidoco.se
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