Loomis AB: Jörgen Latte New CFO of Loomis

STOCKHOLM--(BUSINESS WIRE)--Regulatory News:

“Jörgen Lattes experience of large service-oriented public companies active in several countries will be of value to us. Like his predecessor Jarl Dahlfors, he will have an important role for our entire busi-ness operations, since we have chosen to remain a relatively small management group, says Loomis’ CEO Lars Blecko.”

Jörgen Latte has been appointed CFO of the cash handling company Loomis (STO:LOOMB) as from August 1, 2009. He will replace Jarl Dahlfors who will take over the position as MD for Loomis’ activities in the USA, which represent the largest segment of the Group.

Jörgen Latte has several years of experience as CFO of a number of telecom companies, including NetCom, now Tele2, and most recently he maintained the CFO position within TeliaSonera Broadband Service.

"Jörgen Lattes experience of large service-oriented public companies active in several countries will be of value to us. Like his predecessor Jarl Dahlfors, he will have an important role for our entire busi-ness operations, since we have chosen to remain a relatively small management group, says Loomis’ CEO Lars Blecko.

Loomis offers safe and effective solutions for the distribution, handling and recycling of cash for banks, retailers and other commercial companies via an international network consisting of more than 370 centres of operation in 12 European countries and in the US. Loomis has 20,000 employees and a turnover of 12 billion Swedish kronor. Loomis is a mid-cap listed company on NASDAQ OMX Stockholm.

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