STOCKHOLM--(BUSINESS WIRE)--Regulatory News:
Investor AB (STO:INVEA)(STO:INVEB)(LSE:INU):
Lars Idermark has been proposed as new Chairman of the Board of Directors in Aleris, a wholly-owned subsidiary of Investor, succeeding Bengt Braun. Lars Idermark is currently President and CEO of Södra as well as Deputy Chairman of the Board in Swedbank and The Swedish Forest Industry Federation. He has an extensive background from executive positions within the Second Swedish National Pension Fund, KF, PostNord/Posten, Capio and Föreningssparbanken.
“I am very pleased that Lars Idermark will assume the responsibility as Chairman of the Board in Aleris during a pivotal phase in the development of the company. He has solid experience from both executive positions and board work, which I think will benefit Aleris and its board. I would also like to thank Bengt Braun who has made a great contribution to Aleris as Chairman during several eventful years”, comments Börje Ekholm, President and CEO of Investor.
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Investor is the leading owner of high quality Nordic-based international companies, founded by the Wallenberg family a hundred years ago. Through board participation, our industrial experience, network and financial strength, we strive to make our companies best-in-class. Our holdings include Atlas Copco, SEB, ABB, Ericsson and Mölnlycke Health Care.
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