Lars Idermark proposed as Chairman of Swedbank

It has been proposed that Södra’s President and CEO Lars Idermark continue in his role as Chairman of Swedbank for an additional year. This was announced in the nomination committee of Swedbank’s proposal to the annual general meeting, which was published on Monday. Lars Idermark is prepared to accept the assignment and has the support of the Board of Directors of Södra.

"As part of the Board’s follow-up of operations during the year, we have observed that Lars Idermark has fulfilled his role as President in an exemplary manner. In recent years, Södra has invested just over SEK 6 billion and is in a strong position. The Board views the role of President of Södra as compatible with the assignment as Chairman of Swedbank. The Board has concluded that Lars Idermark has the necessary capacity and competence to manage both these roles," says Södra’s Chairman Lena Ek.

Lars Idermark assumed the role of President of Södra in 2013.

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Södra was founded in 1938 and is the largest forest-owner association in Sweden, with a membership of more than 50,000 forest owners. We engage in modern and responsible forestry, and operate state-of-the-art mills in which we process our raw material. Through value-generating relationships and a long-term approach, Södra is leading the way for the next generation of forestry. 

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