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Continued weak sales but improved inventory situation

· KappAhl’s net sales for the period amounted to SEK 1,193 (1,341) million, a decrease of 11 per cent. · The operating profit was SEK 16 (146) million. · The gross margin was 58.4 (63.4) per cent and the operating margin was 1.3 (10.9) per cent. · Profit/loss after tax was SEK -11 (95) million, which is equivalent to SEK -0.15 (1.27) per share. · Cash flow from operating activities was SEK 30 (157)...
 

JOHAN ÅBERG STARTS AS CEO OF KAPPAHL

According to previous press release, Johan Åberg has been employed as President and CEO of KappAhl. It is now made clear that Johan Åberg starts today.
– We are very pleased that Johan will join us and that he can start now. With his vast experience and competence he will bring a lot, says Christian W. Jansson, President and CEO of KappAhl.

Johan Åberg is 50 years old, has studied in the U.S.A. and has a...

Smart Technology Offers Vast Business Potential, Yet Relatively Small Proportion...

Global survey of over 200 global business leaders on how data and smart technology are used to enhance business value
New York, October 11, 2011 – According to a PA Consulting Group global survey, smart technology offers vast business potential, yet a relatively small proportion of firms appear to be realizing it. The survey of 216 global business leaders showed that 74% of business leaders believe that...

Enea’s Chairman appointed acting CEO

STOCKHOLM, Sweden, 9 September, 2011 – As previously communicated, Enea’s President and CEO Per Åkerberg has decided to resign. The board has decided to appoint current chairman, Anders Lidbeck, on an interim basis, effective today until a new CEO has been employed. Anders Lidbeck therefore leaves his position as chairman and board member Anders Skarin takes on the role as acting chairman.

The information in this...

Intern turned CEO

It’s surely every intern’s dream – less than a year after Richard Vasconcelos embarked on an internship with Epic, the UK’s leading e-learning company, he landed the job of CEO for their newly-opened Brazilian operation.

Last summer, while completing his dissertation for a Masters degree in E-learning at Oxford University, Richard undertook a four-week internship at Epic in Brighton. During that time, he worked on...

Enea’s President and CEO resign

STOCKHOLM, Sweden, 14 July, 2011 – Enea’s President and CEO Per Åkerberg has decided to resign. The board has initiated the search for a successor. Per Åkerberg remains in his position during a transition period, and will there after become CEO of Readsoft.

”After seven years with Enea it’s time for me to move on. The strategy we decided in 2009 has taken us back to profitability, resulted in a stronger product...

Diamyd appoints Peter Zerhouni as President

The Board of Diamyd Medical has appointed Peter Zerhouni, Acting President of Diamyd Medical AB, as President of the Company.
Peter Zerhouni has been involved in all aspects of the Company since 2006 and he is since April 2011 Acting President and CEO of the Company. He assumes his position as President and CEO of Diamyd Medical AB on July 4, 2011.

Peter Zerhouni has during the years played a key role in...

ARTIMPLANT appoints new CEO

Kjell Thörnbring has been appointed to the new CEO of Artimplant AB. He has been acting CEO since May 4 and he has at the same time maintained the position of CFO. Kjell Thörnbring has a B.Sc in Business Administration from the Gothenburg University and he has previously had leading positions as CEO and CFO in public Swedish companies.

The following changes have also been implemented in Artimplant´s management...
 

Head of pioneering Canadian tech company honoured by CEOs for leadership, growth

Intelex CEO recieves leadership awards from network of Ontario CEOs
TORONTO – Intelex Technologies, a rising star of Canada’s tech sector, is thrilled to announce company President and CEO Mark Jaine has been honoured with a unique leadership award from a respected network of peers.

AceTech Ontario, an organization that provides education, networking, and performance programs to more than 50 CEOs, presented...

Pat Olney new CEO of Volvo CE

Effective 1 May, Mr Patrick Olney, 42, has been appointed new President and CEO of Volvo Construction Equipment. Mr Olney has an extensive experience spanning 17 years in the Construction Equipment industry, with 10 of these in senior management roles within Volvo CE.
During 2001 – 2004 he was the CFO of Volvo CE, and was then appointed President of Volvo Motor Graders, a position he held until becoming...