Planned change of CEO at Catella AB

(PresseBox) ( Stockholm, )
Johan Ericsson has informed the Board of directors that he intends to leave his position as Chief Executive Officer of Catella AB during 2013, to continue in another senior role within Catella. A process will therefore be initiated of seeking his successor. Johan Ericsson will remain in his post until a new CEO is appointed.

"It's more than 20 years ago that I started the Corporate Finance operations in Catella together with colleagues. Since then I have held a number of senior positions including, in the past three years, as CEO. I will continue to work within Catella, but the timing is right to consider the issue of succession since I will soon be 62. We are therefore initiating a recruitment process to identify my successor as CEO of Catella. This process will take time and I will continue to work as normal until my successor is in post," says Johan Ericsson, CEO of Catella.

"Once the recruitment has been completed I look forward to continuing in a more business related role within Catella. Catella is a fantastic company with great potential, and I want to continue to participate in developing that potential," says Johan Ericsson.

"I'm sorry to see Johan take this decision. At the same time, I can see plenty of new opportunities for Johan in a number of areas at Catella, where he will contribute in a senior business role," says Johan Claesson, Chairman of the Board.

The information in this press release constitutes information which Catella AB (publ) is required to make public pursuant to the Securities Market Act. The information will be submitted for publication at 07:00 (CET) on 25 April 2013.
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