STOCKHOLM--(BUSINESS WIRE)--Regulatory News:
ICA Gruppen AB (STO:ICA)
Margot Wallström is leaving her position on the Board of ICA Gruppen with immediate effect. Her position on the Board will remain vacant until ICA Gruppen’s general meeting on 22 April, when a new Board will be appointed.
“I would like to thank Margot for her time on the Board, where she has contributed new perspectives and great commitment. We would like to wish her all the best in her new role as foreign minister,” says Claes-Göran Sylvén, Chairman of the Board of ICA Gruppen.
The Nomination Committee will propose candidates for the Board of ICA Gruppen ahead of the Annual General Meeting on 22 April. Margot Wallström’s seat will be left vacant until the meeting elects a new Board.
Following the departure of Margot Wallström, the Board of ICA Gruppen comprises nine members elected by the general meeting and two employee representatives.
ICA Gruppen AB discloses the information provided herein pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 10.00 CET on Friday, 3 October 2014.
ICA Gruppen AB (publ) is one of the Nordic region’s leading retail companies, with around 2,300 of its own and retailer-owned stores in Sweden, Norway, Estonia, Latvia and Lithuania. The Group includes the retail companies ICA Sweden, ICA Norway and Rimi Baltic, ICA Real Estate, which owns and manages properties and ICA Bank, which offers financial services to Swedish customers. The Group also includes the wholly owned portfolio company inkClub and partly owned portfolio companies Cervera and Hemtex. For more information see icagruppen.se (http://www.icagruppen.se)
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