Christina Ståhl new CEO of MQ
Christina Ståhl has been appointed the new CEO of MQ in connection with Mats Gärdsell leaving the company. Christina Ståhl joins us from a position as President of Mio, where she has spent six years successfully changing and shaping a profit-generating company with strong growth and expanding market shares. In addition to this, she has extensive experience of the retail sector, including senior positions within the ICA Group. Christina Ståhl will remain a member of MQ’s Board of Directors until she assumes the position of CEO of MQ in the autumn.
In recent years, MQ has taken several steps to strengthen its position as the leading brand chain in the Nordic region, but new vibrant leadership is required, particularly considering the prevailing tough market climate.
“Christina Ståhl has a very clear approach as a leader, with strong implementation skills. Her experience of managing successful development work in the consumer sector will contribute valuable expertise to MQ. With the competency and leadership that Christina Ståhl represents, we will have the perfect prerequisites to achieve the company’s growth objectives,” says Erik Olsson, Chairman of the Board of MQ.
Christina Ståhl is 42 years old and has a Master’s degree in Economics from Lund University. She joins us from Mio, where she has been President since 2007. Prior to this, she worked within the ICA Group for ten years, including as President of Etos AB and Group Manager of ICA’s venture within Health & Beauty. Since January 2012, Christina Ståhl has been a member of MQ’s Board of Directors, a position she will vacate in connection with assuming the position of CEO of the company.
“In my eyes, MQ has so much potential that has not yet been realised; a key position in the fashion industry and such an exciting future that I couldn’t refuse. I recognise MQ’s current position from the other retail companies where my assignment was to develop and implement changes. I very much look forward to working with everyone at MQ to further develop the customer offering, brand and organization,” says Christina Ståhl.
In conjunction with Mats Gärdsell leaving his assignment today as CEO, Tony Siberg, Deputy CEO and CFO, will take over as Acting CEO of the company until Christina Ståhl assumes the position, which will be in the autumn as soon as her current assignment allows.
For further information, please contact:
Erik Olsson, Chairman of the Board of MQ, tel: +46 (0)31-388 80 15
Christina Ståhl, incoming CEO of MQ, tel: +46 (0)70-764 12 61
MQ is required to make public the information in this press release in accordance with the Securities Market Act. The information was released for publication on June 20, 2013 at 7:00 am (CET).
MQ is one of Sweden’s leading brand chains. Through a mix of proprietary and external brands, MQ offers men’s and women’s clothing with a high degree of fashion in attractive stores. The store chain currently includes 122 stores and the aim is to establish MQ as the leading brand chain in the Nordic region. The MQ share has been listed on NASDAQ OMX Stockholm since 18 June 2010. For more information, please visit: www.MQ.se