Change in Management in the Addtech Group

STOCKHOLM--()--Regulatory News:

Preparations for a separate listing for the Life Science Business Area on Nasdaq OMX Stockholm continue. A parent company for the Life Science operation has been formed and named AddLife AB.

Addtech’s (STO:ADDTB) Chief Financial Officer (CFO), Kristina Willgård, has been appointed as President of AddLife AB and will therefore leave her position at Addtech AB on 1 November 2015. The process to recruit a successor has begun. During the period until the recruitment is completed, Mats Lönnqvist has been appointed as acting Chief Financial Officer of Addtech AB. Mats Lönnqvist is an experienced CFO who has previously served at companies such as Securum, Biacore, Esselte, Eniro, SAS, PostNord and, most recently, Bisnode.

Artur Aira, who previously served as Business Area Manager at Life Science, has been appointed Executive Vice President of the new company. Martin Almgren, who previously held the position of Group Accounting Manager at Addtech AB, has been appointed Chief Financial Officer of AddLife AB.

Stockholm, October 23, 2015

Addtech AB (publ)

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Contacts

Addtech AB
Johan Sjö, President
+46 8 470 49 00

Contacts

Addtech AB
Johan Sjö, President
+46 8 470 49 00