Johan Magnusson appointed new President and CEO of Kährs Group

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The board of Kährs Holding AB (publ), Kährs Group, today announces the appointment of Johan Magnusson as new group CEO. Johan Magnusson brings years of experience in a range of pan-European and global companies and was most recently Managing Director at Owens Corning & Senior Vice President of Paroc Technical Insulation. Johan Magnusson replaces Christer Persson and will start his appointment at the latest on September 1, 2019.

“We are very happy to welcome Johan Magnusson to Kährs and are excited about him taking the company towards continued growth in the future and further development. With a proven track record of leading and growing businesses in our sector, he has the capabilities required to drive exceptional business performance by creating strategic clarity, driving commercialization and customer focus, while ensuring disciplined execution”, says Anders Wassberg, Chairman of the Board of Kährs.

Johan Magnusson, today Managing Director at Owens Corning & Senior Vice President of Paroc Technical Insulation, has previously held positions within Assa Abloy, Rukki, Swedoor and Hilding Anders.

“Kährs is a market leader with brands known for both tradition and a strong product and market offering. I am delighted to join Kährs as CEO and contribute with my experience to grow and strengthen the company further. The business is well-positioned to capture new opportunities and I am confident that we have the team and resources to gain a greater foothold in our core European markets and beyond. I look forward to working with the Kährs team as we take the company to the next stage of development”, says Johan Magnusson, new President and CEO of Kährs Group.

“On behalf of the board I would like to express our gratitude to Christer Persson for his stewardship and commitment. For the last seven years, Kährs have taken important steps securing the position as the European premium hardwood leader with an industry leading supply footprint. As Christer Persson now choses to move on, his accomplishments have led us to a threshold where new management can take on and continue to ramp up our expanded product range, digital offering, accelerate growth and business development,” says Anders Wassberg, Chairman of the Board of Kährs.

“After the successful operational strengthening of Kährs in recent years, I hand over a solid platform ready for further growth to Johan. Having navigated the company for the past seven years, I am now ready to approach new entrepreneurial challenges”, Christer Persson said.

For further information, please contact:
Anders Wassberg, Chairman of the Board of Kährs Holding AB (publ): +46 734 27 08 01

About Kährs Group
Kährs Group is a leading manufacturer and distributor of flooring with the aim of providing customer experiences beyond expectations. Kährs innovations have shaped the industry throughout its history and the company is dedicated to offering flooring solutions for every room, environment and need. The company delivers sustainable and durable flooring solutions to more than 70 countries, being a market leader in hardwood flooring in Sweden, Finland and Russia, and having strong positions in other key markets, such as Norway, the UK and Germany. The Group has approximately 1,700 employees and annual sales of more than SEK 3 billion.



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