Urban Ottosson steps down as CFO of HEXPOL Group

Urban Ottosson has decided to step down from his position as Chief Financial Officer (CFO) of the HEXPOL Group to go in as a senior consultant in a company within the executive search industry.

“My decision to leave HEXPOL Group has not been an easy one”, says Urban Ottosson. “Working as CFO of HEXPOL has been an incredibly rewarding experience. HEXPOL is an exciting company with a strong international corporate culture and strong growth. I have appreciated working closely with Georg Brunstam and I am very impressed by my colleagues and other employees of the company.”

“I would like to thank Urban for the work that he has done as CFO. His experience and initiatives have further strengthened our financial competence”, says Georg Brunstam, President and CEO of HEXPOL. “I am sorry to see Urban leave, but I wish him all the best in his new challenges.

Urban Ottosson will step down from his position during autumn 2012. The process to recruit a new CFO has begun.

For further information, please contact:

Angelica Rönnholm
Corporate Communication
angelica.ronnholm@hexpol.com
+46(0)708-90 96 94

Georg Brunstam
CEO
georg.brunstam@hexpol.com
+46(0)708-55 12 51

HEXPOL is a world-leading polymers group with strong global positions in advanced rubber compounds (Compounding), gaskets for plate heat exchangers (Gaskets) and wheels made of plastic and rubber materials for truck and castor wheel application (Wheels).Customers are primarily OEM manufacturers of plate heat exchangers and trucks, global systems suppliers to the automotive industry- and engineering industry and the medical technology industry. The Group is organised in two business areas, HEXPOL Compounding and HEXPOL Engineered Products. HEXPOL's sales in 2011 amounted to 7,197 MSEK. The HEXPOL Group has approximately 3,100 employees in ten countries. Read more at www.hexpol.com.

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