TORBJÖRN SANDBERG APPOINTED CEO, ROSINA GARTZ APPOINTED INTERIM CFO

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The board of directors of Impact Coatings AB (publ) has appointed Torbjörn Sandberg CEO of the company, effective today. The company has also appointed Rosina Gartz interim CFO from October 22, replacing Anders Nilsson who will retire.

Torbjörn Sandberg has served as interim CEO since May 28, 2018. He has a background as CEO of publicly listed and privately held companies including Sensys Gatso Group AB (publ), Birdstep Technology ASA (publ), Netadmin Systems, and ServiceFactory.

“I am excited and honored to have been chosen as CEO and look forward to working with the company’s competent team to realize the long-term potential of Impact Coatings,” said Torbjörn Sandberg.

“Torbjörn Sandberg has over the past four months established trust and credibility with Impact Coatings employees, customers, and the board of directors. With clarity and humility, he has helped Impact Coatings define a new business strategy and has the operational skills to make it a reality,” said Mark Shay, Chairman of the Board.

Rosina Gartz has more than 20 years of experience in corporate financial management and industrial operations from companies including Assa Abloy, Svenska Cellulosa (SCA), NASDAQ, Hilding Anders International, and Ovako Group.

“Rosina Gartz has relevant experience and leadership skills in financial management from a wide range of industries, with a clear emphasis on production companies. She brings to Impact Coatings an entrepreneurial energy, which will help drive our progress toward becoming a mid cap listed industrial company. We thank Anders Nilsson for his valuable contribution to Impact Coatings since joining in June 2017, and wish him all the best in the future,” said Torbjörn Sandberg.

For more information, contact:

Torbjörn Sandberg
CEO
Tel: +46 76 843 43 76 or e-mail: torbjorn.sandberg@impactcoatings.se

Mark H. Shay, CFA
Chairman of the Board
Tel: +46 765 96 62 38 or e-mail: mark@accendofund.com

The information was delivered, via the contact persons named above, for publication on October 5, 2018, at 8:00 a.m. CEST.

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About Impact Coatings AB

Impact Coatings develops and delivers world-leading technology for industrial PVD-coatings with a focus on fuel cell, decorative, metallization, and reflector applications. PVD is a method of, under vacuum, producing thin layers of metals and ceramics – surface coatings that maximize performance and durability. Impact Coatings markets coating equipment under the trade name INLINECOATER™ and coatings under MAXPHASE™.

The company’s shares trade on the Nasdaq First North exchange (Nasdaq OMX Nordic). The company’s Certified Adviser is Redeye AB.

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