March 17, 2014

STUDSVIK CEO JACKSON TO STEP DOWN

By ExchangeMonitor
Studsvik CEO Anders Jackson is stepping down, the company announced today, though the timing of his departure has yet to be decided. The decision was made in full agreement with the Board of Directors, the company said in a statement. “Studsvik will continue its focus on short to mid term actions to improve earnings and cash flow, while long term strategic goals will also be on the agenda,” Chairman of the Board Anders Ullberg said. “The discussions have, however, led Anders to the conclusion that he is not the best person to lead the group long term, and he has decided to leave Studsvik. He has contributed in a professional way to Studsvik’s development during his time as CEO and we wish him all the best in his future career. He will continue to lead Studsvik until a successor has been appointed.” Added Jackson: “We are in full agreement on priorities for near term focus and operation, and I remain fully committed to leading the Group until a successor is found.”

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