Johan Bygge appointed new CFO of Investor AB

Johan Bygge has been appointed new Chief Financial Officer (CFO) of Investor AB, effective September 1, 2007. He will also be a member of Investor’s Management Group.

Johan Bygge, 51, has held various managerial positions in Electrolux for almost 20 years, including CFO. Prior to joining Electrolux, Johan Bygge was Deputy Group Treasurer at Ericsson and also worked as an accountant.

“We’re very pleased that Johan is joining Investor. He will bring considerable knowledge and broaden our industrial experience, which will be very valuable for the future development of Investor,” commented Börje Ekholm, President and CEO of Investor.

Current CFO Lars Wedenborn will leave Investor during September to become CEO of Thisbe AB, a company managing the assets of the three largest Wallenberg foundations.

“Lars has been a very valuable employee to Investor. His financial and administrative experience, along with his energy and work capacity, has meant a lot to Investor,” says Börje Ekholm.

For further information:
Oscar Stege Unger, Acting Head of Corporate Communications and Head of Investor Relations
Phone +46 8 614 20 59, +46 70 624 20 59