NOTE's CEO Erik Stenfors, who has led the company for six years, has reached an agreement with the Board of Directors to leave the company in 2005. Deputy CEO Kjell-\u00c5ke Andersson will take over the role of CEO.<\/p>\n
NOTE's CEO Erik Stenfors has announced that he wishes to leave the company in the year. The Board of Directors has appointed Deputy CEO Kjell-\u00c5ke Andersson as new CEO with immediate effect. <\/p>\n
\"It's with mixed feelings that I've made this decision,\" says Erik Stenfors, outgoing CEO of NOTE. \"NOTE has had fantastic progress thanks to a clear business model, combining hi-tech in Sweden with volume production in Central Europe. But while NOTE has gained more of my time - the family has gained less. That's the reason for the decision - especially as we're expecting our third child this summer. It feels good to hand over to Kjell-\u00c5ke, who is one of the most experienced industrial managers in the ems sector, and who is also a good industrial builder.\"<\/p>\n
Kjell-\u00c5ke Andersson was previously CEO of the Group's subsidiary in Lund and has served as Deputy CEO for the past year.<\/p>\n
\"Erik has done a tremendous job over the years,\" said Sten Dybeck, Chairman of the Board. \"At the same time, we are now entering a new period with new challenges and I understand that Erik is phasing out of his current position.\"<\/p>\n
Mr Stenfors will remain on the Board and will be part of an operational working committee in 2005 to facilitate the change of management. <\/p>\n
For further information, please contact
\nSten Dybeck, Chairman of the Board of NOTE, telephone +46 708 - 55 18 00
\nErik Stenfors, outgoing CEO of NOTE, telephone +46 709 - 50 80 70
\nKjell-\u00c5ke Andersson, incoming CEO, telephone +46 708 - 60 81 23<\/p>\n