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Non Regulatory

Per Ekstedt leaves the position as CFO of Alimak Group

Per Ekstedt, CFO of Alimak Group will from today, 6 September 2017 be on sick leave.

The sick leave is estimated to last for a longer period, therefore Per Ekstedt has taken the decision to resign as CFO but remains an employee within the company. The company's former CFO (2012-2016), Stefan Rinaldo has been appointed acting CFO, in addition to his current role as COO."Per Ekstedt is a very knowledgeable and experienced CFO who has added significant value to the company. We thank Per for his commitment and important effort. We are pleased that Stefan Rinaldo has accepted the role as acting CFO." says Tormod Gunleiksrud, CEO Alimak Group. "The work has been very rewarding and interesting during a period characterized by strong growth. However, my health has gradually deteriorated and I have therefore concluded that this decision is the best solution for all parties." says Per Ekstedt. 

The process to find a successor will be initiated instantly.

For further information, contact:

Tormod Gunleiksrud, CEO, Phone: +46 8 402 14 40

This information is information that Alimak Group AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 14:00 CET on 6 September 2017.

About Alimak Group

Alimak Group is a world-leading provider of vertical access solutions for industrial and construction industries. With presence in more than 100 countries, Alimak develops, manufactures, sells and provides service to vertical access solutions with focus on adding customer value through greater safety, higher productivity and improved cost efficiency. The Group's products and solutions are sold under the brands Alimak Hek, CoxGomyl, Manntech and Avanti. Alimak has an installed base of more than 66,000 elevators, hoists, platforms, service lifts and building maintenance units around the world. Founded in Sweden 1948 Alimak has its headquarters in Stockholm, 12 manufacturing facilities in 8 countries and 2,400 employees around the world. www.alimakgroup.com