Husqvarna AB: Changes in Husqvarna Group Management

STOCKHOLM--()--Regulatory News:

Husqvarna Group (STO:HUSQB) has made two changes in Group Management as of January 23, 2013. Michael Jones, EVP and Head of business unit Americas, has decided to leave the Group. Nicolas Lanus has been appointed EVP and Head of business unit Sales and Service Asia/Pacific and will become new member of Group Management.

Earl Bennett, Vice President and General Counsel for Americas, has been appointed Acting Head of Americas, effective as of January 23, 2013. He will become member of Group Management until a replacement has been recruited.

Michael Jones joined Husqvarna in 2009. “I thank Michael Jones for his valuable contributions to the Group and wish him all the best with his future endeavors”, says Hans Linnarson, President and CEO of Husqvarna Group.

Nicolas Lanus, the new Head of Sales and Service Asia/Pacific, joined Husqvarna in 2001 and has held numerous leadership roles within sales, marketing, product management and business development across Europe, Latin America and Asia/Pacific. Most recently he has held the position as Vice President Sales and Service for the Asia/Pacific region.

“Nicolas has broad experience within sales and business leadership. His knowledge of the various markets in the region Asia/Pacific will be of great importance for driving sales,” says Hans Linnarson, President and CEO of Husqvarna Group.

The above information has been made public in accordance with the Securities Market Act and/or the Financial Instruments Trading Act. The information was published at 19.30 on January 23, 2013.

Husqvarna Group

The Husqvarna Group is the world’s largest producer of outdoor power products including chainsaws, trimmers, lawn mowers and garden tractors. The Group is also the European leader in consumer watering products and one of the world leaders in cutting equipment and diamond tools for the construction and stone industries. The product offering includes products for both consumers and professional users. The Group’s products are sold via dealers and retailers in more than 100 countries. Net sales in 2011 amounted to SEK 30 billion, and the average number of employees was approximately 15,700.

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Contacts

Husqvarna AB
Cathrine Stjärnekull, Corporate Communications Manager
+46 8 738 90 80
press@husqvarnagroup.com
or
Tobias Norrby, Investor Relations Manager
+46 8 738 93 35

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Contacts

Husqvarna AB
Cathrine Stjärnekull, Corporate Communications Manager
+46 8 738 90 80
press@husqvarnagroup.com
or
Tobias Norrby, Investor Relations Manager
+46 8 738 93 35