Category Archives: People

Magnus Agervald appointed as new CEO of Ratos

2016-07-18

This information is information that Ratos AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on 18 July 2016 at 08:30 CET.

The Board of Directors has decided to appoint Magnus Agervald, as the new CEO of Ratos effective January 2017 at the latest. Immediately prior to joining Ratos, Magnus Agervald was President and CEO of the publicly listed Byggmax Group.

“The Board has worked intensely to find the right CEO for the next phase in Ratos’s development. We are very pleased that Magnus will now assume the position as CEO of Ratos. He possesses solid operational experience of investment operations and has led companies undergoing strong growth and rapid change. Magnus’s leadership is precisely what Ratos needs in the continued implementation of our strategy”, says Chairman of the Board Jonas Wiström.

Magnus Agervald has been President & CEO of the publicly listed Byggmax Group since 2008, prior to which he was a consultant at McKinsey & Company, an Investment Manager at the Nordic private equtiy firm IDI, and the founder of Icomera, a mobile internet company. He is 41 years old and holds an MSc in Economics from the Stockholm School of Economics, and an MSc in Engineering from the KTH Royal Institute of Technology.

“I am delighted and proud to have been tasked with heading Ratos. It is both inspirational and challenging to have been entrusted by the Board to continue advancing Ratos as an investment company. Just like Ratos, I am passionate about developing companies and look forward to providing our portfolio companies with support in long-term and sustainable business development”, says CEO-designate Magnus Agervald.

In conjunction with Magnus Agervald assuming his position in January 2017 at the latest, Acting CEO Lars Johansson will return to his role as Investment Director at Ratos.

For questions, please contact:
Jonas Wiström, Chairman of the Board, +46 8-700 17 20
Elin Ljung, Head of Corporate Communications, +46 8-700 17 20

– See more at: http://ratos.se/en/Press/Press-releases/2016/Magnus-Agervald-appointed-as-new-CEO-of-Ratos/#sthash.OUVB6hNI.dpuf

Categories: People

Asbjørn Eskild appointed CEO of Handicare Group

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Handicare

Asbjørn Eskild appointed CEO of Handicare Group

Kista, Sweden (June 20, 2016)
Asbjørn Eskild has been appointed CEO of Handicare Group as of June 8, 2016. Asbjørn Eskild has been instrumental in helping Handicare achieve very impressive revenue and profitability improvements over the past few years. During 2016, Asbjørn was appointed COO and has in this role led the strategy work for Handicare. Asbjørn is by now well familiar with Handicare Group’s opportunities, challenges and targets for the next few years to come.

Asbjørn Eskild joined Handicare in 2011. Before being appointed CEO, Asbjørn had served both as Group COO and as Senior Vice President with responsibility for two of Handicare’s business units. During 2000-2011 Asbjørn was CEO of Hamax, a global leading producer of child bike seats and toboggans.

Handicare is part of the Nordic Capital portfolio

Categories: People

New Communication and Sustainability Officer for Lindengruppen

Lindéngruppen has appointed Jenny Johansson as Chief Communication and Sustainability Officer – a new role that reflects the group’s ambition to integrate sustainability into all aspects of its businesses.

Jenny will be part of Lindéngruppen’s executive management team, reporting to CEO Erik Urnes. She took up her position on 4 May 2016.

 

Categories: People

Chris Rynning Joins Investinor as Industrial Advisor

Investinor

Investor, author, entrepreneur, and China expert Chris Rynning joins Investinor as industrial advisor.

Investinor keeps adding to its network of industrial advisors. These are experienced industry experts who support Investinor in identifying and evaluating investment opportunities, as well as serve on the portfolio companies´ Board of directors.

In some cases our advisors also co-invest with Investinor in portfolio companies. At management’s request they can also assist portfolio companies in their development.

Chris Rynning, the latest member of Investinor’s advisor team, is CEO of Staur Asset Management.

Chris is a resident of China, having invested throughout Asia from his base in Beijing and Tokyo. He is a board member and has been Chairman of Norway Business Association China, in addition to lecturing in macro economics and private equity at Trondheim School of Business (HIST).

Chris was the CEO of LSE listed Origo Partners for 8 years, after managing a PWC invested technology fund in Beijing. He was previously Regional Director of Elkem ASA and has broad transaction experience between Asia/China and Norway.

Chris published the book “Little Streams, Big River” in 2014 about China’s economic and environmental challenges. He also has broad experience as founder and investor of early stage growth companies in Norway and Europe.

Chris Rynning graduated as Master of Science in Business from ESSEC, Paris, and holds an MBA in Finance from University of Chicago, USA.

Chris Rynning

Categories: People

Geir Ove Kjesbu Resigns as CEO

Investinor

The Board of Investinor and Geir Ove Kjesbu have together decided that Kjesbu resigns from his position as CEO of the company.

CFO Tor Helmersen takes over as acting CEO of the company.

Says Chairman of Investinor Thomas Falck:

«The board and Geir Ove Kjesbu agree that, after nearly eight years in as CEO, the time is right for a change of leadership in Investinor. The company has been led by Kjesbu since its establishment in 2008, and during this period it has developed from a vision to a respected and professional organisation. The Board would like to thank Geir Ove Kjesbu for his decisive contribution to building Investinor into significant player in the Norwegian market for venture and growth capital.»

Says Geir Ove Kjesbu:

«It has been fantastic to lead such a great team with professional and dedicated colleagues.»

Says acting CEO at Investinor Tor Helmersen:

«Mr. Kjesbu’s resignation will have no consequences for Investinor’s portfolio companies, co-investors and other stakeholders. The company’s strategy remains unchanged, our business operations continues as before, based on the position and structural capital we have built since 2008.»

The Board of Investinor has initiated search for Geir Ove Kjesbu’s successor as CEO at Investinor.

For questions, please contact:

Chairman Thomas Falck: + 47 474 00 520

Geir Ove Kjesbu: +47 905 59 404

Acting CEO at Investinor Tor Helmersen: +47 930 69 566

Categories: People