Quant AB (publ) appoints Johan Eriksson as new CEO

Quant AB (publ) announce the appointment of Mr. Johan Eriksson as its new CEO. Mr. Eriksson most recently served as CEO of Transcom Worldwide and will join Quant on 14 January 2019. Mr. Olof Sand, CEO, will leave Quant on 31 January 2019 to pursue other business interests, but maintains links to the company as an external advisor.

The Board of Directors appoints Mr. Johan Eriksson as new CEO of Quant AB (publ), based at the company’s headquarters in Stockholm, Sweden. Mr. Olof Sand, CEO, leaves Quant on 31 January 2019 to pursue other business interests, but will maintain links to the company as a shareholder and external advisor. Mr. Eriksson joins Quant on 14 January 2019 and will after an introduction and handover period assume the responsibility for all aspects of managing the company as CEO from 1 February 2019.

Mr. Eriksson most recently served as CEO of Transcom Worldwide, a global supplier of outsourced contact center services and before that as CEO of Poolia AB, a staffing and recruitment company. Prior, Mr. Eriksson spent 15 years with the Securitas, and later Loomis, group in progressively senior management positions ending as COO of its global cash handling operations.

– Johan Eriksson’s proven track record of successfully leading internationally distributed service organizations makes him a great fit for expanding Quant’s position as the leading global player in the outsourced maintenance field, says Mikael Norin, Chairman of the Board, and continued;

– I would also like to thank Olof Sand for all his hard work during the last three years in establishing Quant as a fully stand-alone business following the acquisition and carve-out from ABB. The company would not be where it is today without his leadership.

Stockholm, 11 January 2019

Quant AB (publ) 

For further information, please contact:

André Strömgren, VP, Commercial, Investor Relations & Treasury: +46 708 410 796

E-mail: ir@quantservice.com

Quant AB (publ) is a global leader in industrial maintenance. For over 30 years, we have been realizing the full potential of maintenance for our customers. From embedding superior safety practices and building a true maintenance culture, to optimizing maintenance cost and improving plant performance, our people make the difference. We are passionate about maintenance and proud of ensuring we achieve our customers’ goals in the most professional way. The group operates internationally in close to 30 countries world-wide, employing close to 3,000 people. The parent company is located in Stockholm, Sweden.

Quant AB (publ) is privately held by Nordic Capital since 2014. For additional information about the group, please visit www.quantservice.com.