Category Archives: People

WCG Appoints New Chief Financial and Administrative Officer and Chief Technology Officer

Princetown, N.J., PRNewswire/ — WCG, the world’s leading provider of solutions that measurably improve the quality and efficiency of clinical research, today announced it has appointed Robert VanHees as Chief Financial and Administrative Officer and Paul Mancinelli, PhD, as Chief Technology Officer.

In his role as CFO and CAO, VanHees will lead all WCG global financial and administrative operations. VanHees joins WCG May 31 from ProQuest, a global leader in education technology, where he served as President and Chief Financial Officer. Prior to ProQuest, VanHees was Managing Director/Operating Partner at JLL Partners and held executive leadership positions at Learning Care Group and Corporate Express North America and Europe. He succeeds Laurie Jackson upon her retirement, who has been an essential part of WCG’s growth and success.

As WCG’s CTO, Paul Mancinelli will lead technology overall, including infrastructure, software engineering, and application development of WCG’s leading technology and solutions platform. Mancinelli joins WCG on June 6 from Evernorth, a subsidiary of Cigna, as their Chief Data and Analytics Engineering Officer. Mancinelli brings more than 25 years of experience in both financial services and the healthcare industry with extensive experience designing large-scale software systems, building enterprise-scale data and analytics products and services, and leading global technology organizations like Cigna, CoreOne Technologies, and Bloomberg. He will succeed Ian Neilson upon his retirement from WCG, who has been a valuable contributor to the company.

“WCG is at a crucial point in our growth trajectory,” remarked WCG Chief Executive Officer Sam Srivastava. “As the leading platform for clinical trial research and technology solutions, our vision is clear, and we have the data, insights, and expertise required to advance public health for all people. Execution is paramount to our success. Our mission requires thoughtful leadership, and both Robert and Paul bring remarkable skills and a proven track record to WCG with a passion for helping people. We’re thrilled to welcome them both to the team.”

About WCG
WCG is the world’s leading provider of solutions that measurably improve the quality and efficiency of clinical research. Comprised of two divisions, the industry’s first central IRB – WCG IRB – and first clinical services organization, WCG enables biopharmaceutical companies, CROs, and institutions to advance the delivery of new treatments and therapies to patients, while maintaining the highest standards of human participant protection. For more information, please visit www.wcgirb.com, www.wcgclinical.com or follow us on Twitter @WCGClinical or LinkedIn.

Categories: People

Pantheon appoints Eimear Palmer as Partner and Global Head of ESG

Appointment enhances Pantheon’s track record of ESG leadership in private markets
 Eimear brings deep and specialized experience from 14 years in private equity-focused ESG roles
 New position sits within Pantheon’s investment function and includes leadership of the firm’s established, cross-functional ESG Committee

Pantheon, a leading global private markets investor, is delighted to announce the appointment of Eimear Palmer as Partner and Global Head of ESG. In this new role, which sits within Pantheon’s investment function, Eimear will oversee and further develop the firm’s established ESG strategy and range of initiatives, reflecting our ongoing commitment to integrating ESG principles throughout our business and enhancing our track record of leadership in private markets on a topic that is of growing importance to investors.

Recognized for her expertise in responsible investment and engagement with key stakeholders, Eimear is a founder of the UK network of Initiative Climat International, an investor-led platform focused on climate action among leading global private market organizations, of which Pantheon is a signatory. She brings 14 years of experience in private equity-focused ESG, including through her most recent role as Managing Director and Head of Responsible Investment at Intermediate Capital Group (ICG). Eimear previously worked at the Carlyle Group, where she implemented an enhanced ESG framework for Carlyle Europe Partners.
At Pantheon, Eimear will lead our cross-functional ESG Committee, which is charged with coordinating our broader approach to ESG, both within the firm and across our investment processes, as well as in our engagement with our clients, the industry and our wider communities. She will join the firm in London in August and report to Investment Partner Alex Scott, who, alongside Hong Kong-based Investment Partner Jie Gong, has played a key role in developing Pantheon’s ESG efforts as Co-Head of our ESG Committee.
“Pantheon has long been an innovator in responsible investment practices and, with Eimear’s leadership as Global Head of ESG, we look forward to enhancing the capabilities we offer our clients and our role in the development of best practices across our industry,” said Alex Scott.

Pantheon has been at the forefront of efforts to shape a more sustainable global financial system since 2007, when it became only the second global private equity firm to sign on to the United Nations-backed Principles for Responsible Investment (PRI). More recently we have developed a climate risk mapping tool across our infrastructure investment programs in partnership with specialist consultancy ERM, which is helping us to produce reporting to clients in line with the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD), of which we are a signatory.

“We recognize the importance of strong ESG practices to delivering on the long-term objectives of our investors,” said Paul Ward, Managing Partner at Pantheon. “I look forward to welcoming Eimear to Pantheon, where her formidable experience will help us build on our track record of ESG leadership and support the continued evolution of our policies, practices and range of industry partnerships.”
***Ends

Notes to Editors
For further information, please contact:
Ashley Wassall, Head of Client Communications
Tel: +44 20 3356 1763 | C: +44 7776 778 620 | Email: ashley.wassall@pantheon.com

About Pantheon
Pantheon Group* (“Pantheon”) is a leading global private markets firm currently investing on behalf of approximately 865 investors, including public and private pension plans, insurance companies, endowments and foundations. Pantheon has an established reputation across private market asset classes, covering all stages and geographies, and provides investment solutions that include flagship fund offerings, as well as integrated programs and customized solutions.

As of December 31, 2021 Pantheon had $84.6 billion assets under management and advice and the firm currently has more than 400 employees located across its offices in London, San Francisco, New York, Chicago, Hong Kong, Seoul**, Bogotá**, Tokyo, Dublin and Berlin. Its global workforce includes more than 115 investment professionals.

Pantheon is majority-owned by Affiliated Managers Group Inc. (“AMG”), alongside senior members of the Pantheon team. AMG is a NYSE-listed global asset management company with equity investments in leading boutique investment management firms. The ownership structure, with Pantheon management owning a meaningful share of the equity in the business, provides a framework for long-term succession and enables Pantheon management to continue to direct the firm’s day-to-day operations.
* Pantheon Group refers to the subsidiaries and subsidiary undertakings of Pantheon Ventures Inc. and AMG Plymouth UK Holdings Limited and includes operating entities principally based in the US (San Francisco and New York), UK (London), Hong Kong, Guernsey, Tokyo and Dublin. Pantheon Ventures Inc. and Pantheon Ventures (US) LP are registered as investment advisors with the U.S. Securities and Exchange Commission (“SEC”); Pantheon

Securities, LLC is a broker dealer registered with the SEC and is a member of the Financial Industry Regulatory Authority (“FINRA”). Pantheon Ventures (UK) LLP is authorized and regulated by the Financial Conduct Authority (“FCA”) in the United Kingdom. Pantheon Ventures (HK) LLP is regulated by the Securities and Futures Commission in Hong Kong. Pantheon Ventures (Guernsey) Ltd and a number of other Pantheon entities incorporated in Guernsey are regulated by the Guernsey Financial Services Commission. Pantheon Ventures (Asia) Limited is registered as a Type II Financial Instruments Business and Investment Advisory and Agency Business Operator with the Kanto Local Finance Bureau in Japan (KLFB).
** Please note that the Bogotá office is a representative office of Pantheon Ventures (US) LP (“PV US”), and that a Korean subsidiary of PV US has opened the office in Seoul.
This press release is not an offer of securities for sale. Securities may not be offered or sold in the United States absent registration or an exemption from registration. © 2022

Categories: People

Pablo Isla Joins General Atlantic as Global Senior Advisor

General Atlantic

May 16, 2022

General Atlantic, a leading global growth equity firm, announced today that Pablo Isla has joined the firm as a Global Senior Advisor. Based in Europe, Mr. Isla will provide strategic support and counsel to General Atlantic’s global Consumer and Technology investment teams and portfolio companies, with a focus on digital enablement.

Mr. Isla joins General Atlantic following a distinguished career at Inditex Group, one of the world’s largest fashion retailers comprising brands including Zara, Massimo Dutti and Bershka, where he served as Chief Executive Officer from 2005 to 2011, Chairman and Chief Executive Officer from 2011 to 2019, and after that, as Executive Chairman until March 31, 2022. Under his stewardship, Inditex became a global leader in digital transformation and sustainability. Mr. Isla oversaw the adoption of a wholly integrated model underpinned by data, which enabled Inditex to coordinate a single global inventory and leverage cutting-edge tracking technology to evolve the experience for end users and stakeholders along each step of the supply chain.

Prior to his leadership tenure at Inditex, Mr. Isla served as Co-Executive Chairman of Altadis Group, a Franco-Spanish multinational, and before that was Group General Counsel at Banco Popular, following a previous stint at the financial services firm earlier in his career from 1992 to 1996. Mr. Isla was named the best performing CEO in the world by the Harvard Business Review in 2017 and 2018.

“Having steered some of the world’s most recognizable brands through their journeys to transform operations for the digital age, Pablo is an invaluable addition to our firm and brings with him deep knowledge of consumers across the globe,” said Bill Ford, Chairman and CEO of General Atlantic. “Pablo fostered a true culture of entrepreneurship at Inditex. He shares General Atlantic’s longstanding belief in the importance of innovation and power of digital adoption, with a long-term perspective on value creation. These are core areas of focus for our investment teams that partner with consumer-focused businesses, and we look forward to the ways Pablo will help us enhance our portfolio company support and broaden the global GA network.”

Pablo Isla commented, “It is a pleasure to be joining General Atlantic, a growth firm that brings true company-building capabilities to management teams around the globe. I look forward to working with this next generation of entrepreneurs who are building businesses for the digital age and embracing diversity and creativity across their organizations as they scale.”

Mr. Isla has served as a Director on Nestlé’s Board of Directors since 2018. He also serves as Chairman of the International Advisory Board at IE University and as a director on several foundation and institutional boards, including the Prado Museum and the Fundación La Caixa.

Mr. Isla graduated with a Law degree from the Complutense University of Madrid and joined the State Lawyers Corps in 1989.

About General Atlantic

General Atlantic is a leading global growth equity firm with more than four decades of experience providing capital and strategic support for over 445 growth companies throughout its history. Established in 1980 to partner with visionary entrepreneurs and deliver lasting impact, the firm combines a collaborative global approach, sector specific expertise, a long-term investment horizon and a deep understanding of growth drivers to partner with great entrepreneurs and management teams to scale innovative businesses around the world. General Atlantic currently has over $84 billion in assets under management inclusive of all products as of December 31, 2021, and more than 215 investment professionals based in New York, Amsterdam, Beijing, Hong Kong, Jakarta, London, Mexico City, Mumbai, Munich, Palo Alto, São Paulo, Shanghai, Singapore, Stamford and Tel Aviv. For more information on General Atlantic, please visit the website: www.generalatlantic.com.

Media Contacts

Mary Armstrong & Emily Japlon
General Atlanticmedia@generalatlantic.com

Categories: People

Megan Bailey joins the Novo Holdings Advisory Group

Novo Holdings

Novo Holdings is pleased to announce the appointment of Megan Bailey, CEO of Personal Genome Diagnostics (PGDx), to the Novo Advisory Group (NAG) – an expert panel of senior industry leaders that supports Novo Holdings in analysing and monitoring its larger life science investments.

Kasim Kutay, CEO of Novo Holdings, said: “With a track record at the intersection of personalised medicine, diagnostics, and health care IT, Megan brings a strong understanding to the NAG of some of the most important convergence trends in the world of healthcare. I am delighted to welcome Megan to the NAG and very much look forward to her contributions.”

Megan Bailey has over 19 years of leadership experience in the healthcare industry. Before becoming CEO of PGDx, she served as the company’s Chief Commercial Officer, leading the marketing, sales, and customer support teams. Before that, Megan was Vice President, Marketing. PGDx was founded in 2010 to help bring novel genomic diagnostic approaches to patients with cancer.

Prior to joining PGDx in 2018, Megan had held several senior commercial roles at diagnostics company Ventana Medical Systems and subsequently at Roche.

Megan Bailey said: “It is an honour to join this group of extraordinary industry leaders and a team of people so committed to impacting health, science, and society in a meaningful way, and I look forward to contributing to this noble mission.”

About Megan Bailey

American citizen

Career

2020 – CEO, PDGx

2018 – 2020: Various roles with PDGx, including Chief Commercial
Officer and Vice President, Marketing

2016 – 2018: Senior Director, Sales, Roche

2012 – 2015: Group Marketing Manager, Roche

2008 – 2012: Various positions at Ventana Medical Systems, including Senior International Product Manager

Current board positions
Megan serves on the UMB Foundation Board of Trustees and the Army West Point Athletic Association Board of Directors.

Education
Megan is a graduate of the United States Military Academy at West Point and earned her Master of Public Health from the University of North Carolina – Chapel Hill.

About Novo Holdings A/S

Novo Holdings A/S is a private limited liability company wholly owned by the Novo Nordisk Foundation. It is the holding company of the Novo Group, comprising Novo Nordisk A/S and Novozymes A/S, and is responsible for managing the Novo Nordisk Foundation’s assets.

Novo Holdings is recognized as a leading international life science investor, with a focus on creating long-term value. As a life science investor, Novo Holdings provides seed and venture capital to development-stage companies and takes significant ownership positions in growth and well-established companies. Novo Holdings also manages a broad portfolio of diversified financial assets.

Further information

Marie-Louise Jersin, Senior Communications Partner, +45 3049 4957, maj@novo.dk

Categories: People

Mountaingate Capital Promotes Trent Sisson to Managing Director

Mountaingate

DENVER, Colo., May 6, 2022 – Mountaingate Capital announced the promotion of Trent Sisson to Managing Director and Partner. He will join the founding Partners working together to continue the firm’s mission of investing behind founder, owner-entrepreneurs to rapidly scale companies.

“We are thrilled to make this announcement. We first began working with Trent over 12 years ago and since rejoining our team in 2017, Trent has made a tremendous impact at our firm as well as across numerous portfolio company investments.  Trent brings practical operating experience and market insights coupled with strong investment acumen that is invaluable.  More importantly, he is committed to supporting our portfolio company management teams and is an enthusiastic leader within the firm.” commented Bennett Thompson, Co-Founder and Managing Director.

Mr. Sisson first worked with the Mountaingate founding team at their predecessor firm, KRG Capital Partners, before completing his M.B.A. at Columbia Business School and subsequently spending time in operational roles at PepsiCo and Sprinklr. He joined Mountaingate in 2017 in conjunction with the final close of Mountaingate Fund I.

About Mountaingate Capital

Mountaingate Capital, a Denver-based private equity firm investing in the marketing services, business services, specialty distribution and specialty manufacturing sectors. Mountaingate specializes in building and empowering companies with strong growth potential and engaged leadership teams and has been honored for three consecutive years by Inc. Magazine as one of the most founder friendly private equity firms. Mountaingate’s focus on organic growth coupled with its proven customer-centric buy-and-build approach and shared equity ownership with management creates more value for the end customer, while forging stronger, more collaborative, and more successful partnerships with management teams. Mountaingate targets investments in new platform companies with $5 million to $25 million of EBITDA, as well as add-on acquisitions of any size. For more information on Mountaingate, please visit www.mountaingate.com.

Contact

Bennett Thompson, Managing Director

303-390-5001

Categories: People

Brooks Entwistle proposed as new Board member of EQT AB

eqt

EQT AB (publ) today announced that the nomination committee proposes Brooks Entwistle as Board member in EQT AB, bringing a broad experience from the global capital markets and the tech industry.

Brooks Entwistle is currently SVP of Global Customer Success at blockchain company Ripple and has a vast experience from leading positions in both tech and financial markets throughout the APAC region, spanning over 30 years. Prior to joining Ripple, Brooks Entwistle served as Chief Business Officer International for Uber, responsible for business development and the firm’s relationships across Asia Pacific, EMEA and Latin America. Among previous experiences, he spent 22 years at Goldman Sachs in various capacities, including as Partner CEO of Goldman Sachs India, Goldman Sachs South East Asia, as well as CEO of Goldman Sachs Singapore.

Jacob Wallenberg, Chairperson of the nomination committee, comments, “Brooks Entwistle’s collective experience and expertise from the international tech scene and global capital markets will add vital perspectives to EQT’s growth agenda, especially with the added focus on Asia and the combination with BPEA.”

Edith Cooper has declined re-election, after serving on the Board for four years. Conni Jonsson, Chairperson of the EQT AB Board, comments, “Edith is a true challenger who has built awareness around various topics, including diversity and inclusion, and she established and developed the Remuneration Committee under a period of rapid growth. I’m very grateful for Edith’s contributions, especially during the IPO process. Her vast experience and commitment to the Board has been invaluable.”

The nomination committee’s complete proposals to EQT AB’s Annual Shareholders’ Meeting are included in the notice and the nomination committee’s motivated opinion, published on EQT’s website. EQT AB’s Annual Shareholders’ Meeting is held on 1 June 2022. The proposal of Brooks Entwistle as new Board member is subject to relevant regulatory approvals.

The nomination committee comprises Conni Jonsson, Chairperson of the EQT AB Board and members appointed by the four largest shareholders in EQT AB: Jacob Wallenberg (Chairperson of the nomination committee), appointed by Investor AB, Harry Klagsbrun, appointed by Bark Partners AB, Shireesh Vasupalli, appointed by Lennart Blecher, Hans Sterte, appointed by Alecta.

Contact

Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
Rickard Buch, Managing Director, Communications, +46 70 855 03 56
EQT Press Office, press@eqtpartners.com, +46 8 506 55 334

About EQT

EQT is a purpose-driven global investment organization focused on active ownership strategies. With a Nordic heritage and a global mindset, EQT has a track record of almost three decades of delivering consistent and attractive returns across multiple geographies, sectors and strategies. EQT has investment strategies covering all phases of a business’ development, from start-up to maturity. EQT today has EUR 77 billion in assets under management across 36 active funds within two business segments – Private Capital and Real Assets.

With its roots in the Wallenberg family’s entrepreneurial mindset and philosophy of long-term ownership, EQT is guided by a set of strong values and a distinct corporate culture. EQT manages and advises funds and vehicles that invest across the world with the mission to future-proof companies, generate attractive returns and make a positive impact with everything EQT does.

The EQT AB Group comprises EQT AB (publ) and its direct and indirect subsidiaries, which include general partners and fund managers of EQT funds as well as entities advising EQT funds. EQT has offices in 23 countries across Europe, Asia-Pacific and the Americas and has more than 1,300 employees.

Categories: People

Blackstone Announces Len Laufer, a Leader in Data Science and Technology across the Financial Services Industry, as Senior Advisor

Blackstone

New York, April 26, 2022 – Blackstone (NYSE: BX) today announced the appointment of Len Laufer, a pioneer in data science and long-time executive across the financial services industry, as a senior advisor. He will advise across Blackstone’s businesses, with a focus on Blackstone Growth (BXG), the firm’s growth equity investing platform.

Mr. Laufer brings a rare combination of experience as both a successful entrepreneur and Fortune 100 leader across industries. In 1997, he founded Argus Information and Advisory Services and grew the company over the next 15 years into a leading provider of information and analytical solutions to the payments industry. After selling the business in 2012, Mr. Laufer went on to lead JPMorgan Chase’s machine learning and data science efforts as Head of Intelligent Solutions. Most recently, he served as CEO of Cerberus Technology Solutions, the operating subsidiary of Cerberus Capital Management, which focused on the use of technology, data and artificial intelligence in investment activities and at the firm’s portfolio companies. Mr. Laufer also served as Co-Chairman of the Board for Alberstons Companies, one of the largest food and drug retailers in North America, until 2021.

Vini Letteri, Senior Managing Director and Head of Financial Services for Blackstone Growth, said: “Len’s breadth of experience and first-hand understanding of the challenges of scaling a business will be invaluable to our portfolio companies and their founders. All companies, regardless of their industry, are looking to better use technology to improve their business and protect against disruption. Len’s knowledge will be a real benefit as they face these challenges.”

Len Laufer added: “I applaud Blackstone’s emphasis on the importance of data and technology as both an investing theme and as an operational imperative for the companies across its portfolio. I look forward to working with the BXG team and others across the firm in these efforts.”

Mr. Laufer graduated cum laude with honors from Harvard College with an AB in Social Studies, and earned an MBA from the Wharton Business School at the University of Pennsylvania.

About Blackstone
Blackstone is the world’s largest alternative asset manager. We seek to create positive economic impact and long term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $915 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, Twitter, and Instagram.

Contact
Tom Clements
(646) 482-6088
Thomas.Clements@blackstone.com

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Cinven Appoints Julia Kahr as Partner and Head of North America

Cinven

International private equity firm Cinven today announces that it has appointed Julia Kahr as a Partner and Head of North America.  Based in New York, Julia will lead and oversee Cinven’s operations in North America.

Julia was most recently a Senior Managing Director at Blackstone, which she joined in 2004, leading investments in the Healthcare and Industrials sectors. Her significant expertise in the Healthcare Private Equity market specifically includes investments in market-leading businesses within the pharma services, medical devices and life sciences sectors.

Julia joins Cinven’s U.S. team, which has been involved in a number of companies in the Healthcare and Technology, Media and Telecommunications (TMT) sectors and has also supported the U.S.-based acquisitions for several of Cinven’s European portfolio companies.  Recent Cinven investments include BioAgilytix, a global bioanalytical services business; Nitel, a technology services provider; Drake Software, a provider of software for tax preparers; National Seating & Mobility, a provider of complex rehabilitation mobility and accessibility solutions; and Jaggaer, a global provider of procurement software for large and medium-sized enterprises.

Alex Leslie, Partner, who previously moved to New York to lead Cinven’s capabilities in the region, will return to London in September 2022 and remain an integral member of Cinven’s leadership team.

Stuart McAlpine, Managing Partner at Cinven, commented:

“Julia brings a wealth of experience and knowledge, especially of the global Healthcare sector and in the U.S. private equity market.  Her investing track record coupled with her leadership experience position Julia well to build on the success of Cinven’s sector – country matrix and lead its efforts in the U.S. market.  We are delighted Julia is joining the Cinven team and partnership.

“Alex has successfully built Cinven’s presence and led Cinven’s engagement in Healthcare and TMT in the U.S., over the past six years. During that time, he has built a talented Investment team that includes expertise across Capital Markets, Portfolio operational support and Investor Relations.”

Alex Leslie, Partner at Cinven, added:

“It has been a great privilege to establish Cinven’s business in North America and build its capabilities in the region over the last six years, especially in putting together such a talented and motivated team. It is pleasing to see those efforts start to deliver results, with a number of exciting Healthcare

and TMT investments. I am delighted to welcome Julia to Cinven and am thrilled to have found such a perfect successor to take the business on and lead the team in the next stage of growth.”

Commenting on her appointment, Julia Kahr, Partner and Head of North America at Cinven, said:

“I am excited to have the opportunity to join one of the oldest and most established European private equity firms with a truly unique culture and approach and lead its North American operations.

“Cinven’s investment strategy is differentiated by its culture and its sector / country / functional matrix.  Cinven’s success is underpinned by more than 40 years’ experience of investing internationally, specifically in the Healthcare and TMT sectors. I have been enormously impressed by the culture and the calibre of the Cinven team. Alex has done an excellent job leading Cinven’s U.S. team over the last six years, and I look forward to working with him and the rest of the team in building on their success.”

Categories: People

Johan Arvidsson appointed new CEO of Diab

Ratos

Johan Arvidsson has extensive experience from senior positions at Nolato. He is currently Executive Director and President of Nolato’s Industrial Solutions business area and part of the company’s management team. He will assume the position of CEO of Diab by October 2022 at the latest.

 

“We are delighted that Johan Arvidsson will be taking on the role as CEO of Diab. He is very knowledgeable about the industry and has extensive international experience and a track record as a strong leader. We believe that the next phase of Diab’s development should take place under new leadership. At the same time, we want to thank Tobias Hahn who, during his time as CEO, has developed and strengthened Diab as a company, primarily in the wind segment,” says Joakim Twetman, Chairman of the Board of Diab and President Business Area Industry, Ratos.

Per Magnusson, a Board member of Diab since 2018, has been appointed as interim CEO until Johan Arvidsson takes over.

“I very much look forward to leading Diab into the future. There are major changes taking place in the world that we need to take into consideration, and I am convinced that Diab, with its talented employees and world-class products, has a bright future ahead. I want to thank Ratos for the trust they have placed in me and look forward to getting started,” says Johan Arvidsson, incoming CEO of Diab.

About Diab
Diab is a global company that helps its customers with high strength, low weight structures through strong technical expertise, manufacturing and processing of core sandwich composite material. Diab’s high-performance core materials and solutions all over the world, for example in boats, vessels, aircraft and other means of transport and in wind turbines. The various core materials have unique combinations of characteristics such as low weight, high strength, insulation properties and chemical resistance. Diab has production units in Sweden, Italy, the US, China, Lithuania and Ecuador combined with 14 sales units around the world.

For further information:
Joakim Twetman, Chairman of the Board of Diab and President Business Area Industry, Ratos,
+46 70 339 16 66

Josefine Uppling, VP Communication, Ratos, +46 76 114 54 21

About Ratos
Ratos is a business group consisting of 13 companies divided into three business areas: Construction & Services, Consumer and Industry. In total 2020, the companies have approximately SEK 36 billion in sales. Our business concept is to develop companies headquartered in the Nordics that are or can become market leaders. We enable independent companies to excel by being part of something larger. People, leadership, culture and values are key focus areas for Ratos. Everything we do is based on Ratos’s core values: Simplicity, Speed in Execution and It’s All About People.

Categories: People

Johan Arvidsson appointed new CEO of Diab

Ratos

Johan Arvidsson has extensive experience from senior positions at Nolato. He is currently Executive Director and President of Nolato’s Industrial Solutions business area and part of the company’s management team. He will assume the position of CEO of Diab by October 2022 at the latest.

“We are delighted that Johan Arvidsson will be taking on the role as CEO of Diab. He is very knowledgeable about the industry and has extensive international experience and a track record as a strong leader. We believe that the next phase of Diab’s development should take place under new leadership. At the same time, we want to thank Tobias Hahn who, during his time as CEO, has developed and strengthened Diab as a company, primarily in the wind segment,” says Joakim Twetman, Chairman of the Board of Diab and President Business Area Industry, Ratos.

Per Magnusson, a Board member of Diab since 2018, has been appointed as interim CEO until Johan Arvidsson takes over.

“I very much look forward to leading Diab into the future. There are major changes taking place in the world that we need to take into consideration, and I am convinced that Diab, with its talented employees and world-class products, has a bright future ahead. I want to thank Ratos for the trust they have placed in me and look forward to getting started,” says Johan Arvidsson, incoming CEO of Diab.

About Diab
Diab is a global company that helps its customers with high strength, low weight structures through strong technical expertise, manufacturing and processing of core sandwich composite material. Diab’s high-performance core materials and solutions all over the world, for example in boats, vessels, aircraft and other means of transport and in wind turbines. The various core materials have unique combinations of characteristics such as low weight, high strength, insulation properties and chemical resistance. Diab has production units in Sweden, Italy, the US, China, Lithuania and Ecuador combined with 14 sales units around the world.

For further information:
Joakim Twetman, Chairman of the Board of Diab and President Business Area Industry, Ratos,
+46 70 339 16 66

Josefine Uppling, VP Communication, Ratos, +46 76 114 54 21

About Ratos
Ratos is a business group consisting of 13 companies divided into three business areas: Construction & Services, Consumer and Industry. In total 2020, the companies have approximately SEK 36 billion in sales. Our business concept is to develop companies headquartered in the Nordics that are or can become market leaders. We enable independent companies to excel by being part of something larger. People, leadership, culture and values are key focus areas for Ratos. Everything we do is based on Ratos’s core values: Simplicity, Speed in Execution and It’s All About People.

Categories: People