JM's President and CEO Johan Skoglund will retire in 2024

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After 37 years at JM, of which 21 as President, Johan Skoglund has informed the board that he has decided to retire in 2024. Johan Skoglund will leave JM in June 2024.

– I have worked my entire professional life at JM. It has been fantastically interesting, inspiring and developing, but also demanding. Although I still enjoy my role, it is now time to plan and prepare for the time after JM, says President and CEO Johan Skoglund.

JM's chairman comments:

– Through his great commitment and good leadership, Johan Skoglund has led JM's journey from a housing developer with a focus on Stockholm to the leading Nordic housing developer the company is today. Through his work, Johan Skoglund has created conditions for a continued successful journey for JM. The board and I would like to express our warm thanks to Johan for over three decades of very good work and wish him all the best in the future, says chairman of the board, Fredrik Persson.

The Board will now initiate the process of recruiting a successor. Johan Skoglund will continue as President and CEO until June 1, 2024 at the latest.

For additional information, please contact:
Fredrik Persson, Chair of JM AB, +46 8 782 88 62
Katarina Rimmerfeldt, Head of Communications, press@jm.se

This information is information that JM AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08:00 CET on 2023-12-20.

JM is one of the leading developers of housing and residential areas in the Nordic region. Operations focus on new production of homes in attractive locations, with emphasis on expanding metropolitan areas and university towns in Sweden, Norway and Finland. We are also involved in project development of commercial premises and contract work, primarily in the Greater Stockholm area. JM should promote long-term sustainability work in all of its operations. Annual sales total approximately SEK 16 billion and the company has about 2,200 employees. JM is a public limited company listed on NASDAQ Stockholm, in the Large Cap segment. More information is available at www.jm.se/en.