Handicare Group appoints Staffan Ternström as new President and CEO
Handicare`s Board of Directors has appointed Staffan Ternström as the company´s new President and CEO
Staffan Ternström has a solid background as an accomplished commercial leader in medical devices. For the past four years, he has worked as EVP Global Commercial and Strategy for Mölnlycke Healthcare. Prior to that, he spent nearly 25 years in various positions within Johnson & Johnson including President Cordis EMEA, VP Emerging Markets, DACH and Nordics, and other senior positions based in Belgium as well as in Sweden.
Staffan Ternström was born in 1965 and is a graduate in Business Administration of the University of Gothenburg.
“On behalf of the Board, I want to welcome Staffan to the position as President and CEO of Handicare Group. In Staffan Ternström, Handicare has found a President and CEO who in his previous positions has demonstrated strong leadership and strategic skills and who is well acquainted with global businesses within the field of medical devices,” says Lars Marcher, Chairman of the Board of Handicare Group AB.
Staffan Ternström will start as President and CEO on August 14 2018.
Press contact:
Lars Marcher
Tel: + 45 5136 2490
Boel Sundvall
Tel: +46 723 747 487
This information is information that Handicare 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 persons set out above, at 18:45 CET on 13 August 2018.
About Handicare
Handicare offers solutions to increase the independence of disabled or elderly people, and to facilitate for their care providers and family. The offering encompasses a comprehensive range of curved and straight stairlifts, transfer, lifting and repositioning aids, vehicle adaptations and medical equipment. Handicare is a global company with sales in more than 20 countries and is a market leader in this field. The head office is in Stockholm, Sweden and manufacturing is located at six sites distributed across North America, Asia and Europe. In the 12-month period to March 2018, revenue amounted to MEUR 283 and the adjusted EBITA margin was 8.7%. Employees numbered around 1,200 and the share is listed on Nasdaq Stockholm. For more information, see www.handicaregroup.com.