Cherry: No drama due to CEO departure
Research Note
2017-01-17
11:10
Today Cherry announced that the CEO, Fredrik Burvall, will not continue in his current role due to his family situation. The Board of Directors has appointed Anders Holmgren, board member, as Acting CEO until a permanent has been recruited. We see little drama in this transition and limited impact on the Cherry Group, thanks to their diversified operations and business structure.
KL
Kristoffer Lindström
Disclosures and disclaimers