Karin Lidén the new CFO of PowerCell Sweden AB

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Karin Lidén has been appointed as the new CFO of PowerCell Sweden. Karin’s most recent position was as Corporate Controller at Mölnlycke Health Care and she is replacing Karin Nilsson who stepped down from her position as CFO in March to assume broader responsibility as the Vice President for PowerCell Sweden. Karin Lidén will join the Management Group and takes over her role on October 1 this year.

Karin Lidén has worked in finance positions at Mölnlycke Health Care since 2005, where she held several central positions, including acting CFO. Karin holds an M.Sc. in Finance and Business Administration from Stockholm School of Economics. As CFO, Karin Lidén will assume a broad responsibility for the various tasks connected to the finance function as well as for business control.

“In recruiting Karin Lidén, we not only gain an extremely competent replacement for our former CFO, but we also gain an individual who brings extensive experience and knowledge in the financial controller field to the company; an area that is becoming increasingly important in line with the growth of PowerCell Sweden’s operations,” says Richard Berkling, CEO of PowerCell Sweden.

As CFO, Karin Lidén is replacing Karin Nilsson who stepped down from her position as CFO in March to take on the role of Vice President with responsibility for issues such as business development, strategic partnerships and sustainability topics.

For further information, please contact:

Richard Berkling
CEO, PowerCell Sweden AB (publ)
Tel: +46 (0)31 720 36 20
E-mail: richard.berkling@powercell.se

About PowerCell Sweden AB (publ)

PowerCell Sweden AB (publ) develops and produces fuel cell stacks and systems for stationary and mobile applications with a world-class energy density. The fuel cells are powered by hydrogen, pure or reformed, and produce electricity and heat with no emissions other than water. As the stacks and systems are compact, modular and scalable, they are easily adjusted to any customer need.

PowerCell was founded in 2008 as an industrial spinout from the Volvo Group. The share (PCELL) has been traded on Nasdaq First North Growth Market Stockholm since 2014. G&W Fondkommission is Certified Adviser, e-mail: ca@gwkapital.se, Tel: +46 (0)8 503 000 50.

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