Change of CEO at NOTE
Stefan Hedelius will leave his position as President and CEO of NOTE AB at his own request. This is due to differing views on NOTE's future strategic choices and priorities. Stefan will be replaced by Per Ovrén, who is currently a member of NOTE's Board of Directors. The company's CFO Henrik Nygren will step in as acting CEO until Per ...
"We are very pleased with what Stefan has achieved at NOTE during his time as CEO, and regret that Stefan has chosen to leave the company. At the same time, we're pleased that the transition can take place in an orderly manner, partly because Stefan will contribute to ongoing processes and finalise them in the spring and summer, and partly because Per, thanks to his previous position on the Board, has quickly acquired a good knowledge of the company and is well versed in ongoing activities," says John Hedberg, NOTE's Chairman of the Board.
"In recent years, NOTE has established itself as a clear leader in its segment of the market, and the company is stronger today than when I took office. My decision to leave is not based on any conflict, but the Board and I have recognised that we have different views on future priorities. It is therefore the right time for me to hand over to someone else. The way this is happening makes me confident that NOTE's positive progress will continue," says Stefan Hedelius.
"Stefan has successfully driven the company to increased profitability through, among other things, high cost control and implementation of a strong commercial strategy. I look forward to continuing this development together with the rest of the Group management", says Per Ovrén.
Stefan will formally leave as CEO on 30 April. The company's CFO, Henrik Nygren, will take over as acting CEO until Per Ovrén starts, which will happen as soon as possible. Per comes most recently from the Group Management of Bilia AB (publ), where he is responsible for business development, purchasing and business control. Stefan will be at the company's disposal until 15 September to hand over to Per and to complete a number of ongoing projects and activities.
For further information, please contact:
John Hedberg, Chairman of the Board, tel. 070-629 23 37
Stefan Hedelius, President and CEO, tel. 076-100 07 31
About NOTE
NOTE is one of northern Europe's leading manufacturing and logistics partners for the production of electronics-based products. NOTE manufactures printed circuit boards, sub-assemblies and complete products (box build). Its customer offering covers the whole product lifecycle, from design to after-sales. NOTE is established in Sweden, Finland, the UK, Estonia and China. Sales in the last 12 months totalled SEK 1,139 million, and the group has some 900 employees. NOTE is listed on Nasdaq Stockholm. For more information, please visit www.note.eu.
This information is information that NOTE AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2025-04-24 08:00 CEST. 12 April 2017 at 17.30 CET.