2005-05-25

NOTE – change of management

”It is with mixed emotions that I have come to this decision”, says Erik Stenfors, the outgoing CEO of NOTE. ”NOTE has seen fantastic development thanks to a clear Business Model, combining hi-tech in Sweden together with volume production in Central Europe. During this growth the businesses has taken more of my time and I have seen my family less. This is the reason for my decision; especially now since we are expecting our third child this summer. It feels good to be handing over to Kjell-Åke who is one of the most experienced industrial leaders within the ems-arena and a great business builder”.

Kjell-Åke Andersson was previously the President of the NOTE’s daughter company in Lund as well as Vice CEO for the NOTE group during the last twelve months.

”Erik has contributed a tremendous amount of time and effort over the last six years”, says Sten Dybeck, Chairman of the Board.” Now we are entering a new period with new challenges and I fully understand Erik’s decision to withdraw from his current position”.

Erik Stenfors remains on the board as well as an active member of a management committee during 2005 to handle the transition.

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