STOCK TITAN

Biljana Pehrsson takes office as CEO of Castellum AB

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Castellum has appointed Biljana Pehrsson as President and CEO, effective December 8, 2021. Previously, Pehrsson served as CEO of Kungsleden since 2013. Ylva Sarby Westman has been appointed Deputy CEO and CFO, also starting on the same day. The board highlighted the significance of this leadership change amid an acquisition from Kungsleden, aiming to enhance the company's size and competitive edge in the industry.

Positive
  • Biljana Pehrsson brings extensive experience from Kungsleden, potentially enhancing Castellum's strategic direction.
  • Leadership transition is timely with the acquisition from Kungsleden, aiming for increased market competitiveness.
Negative
  • None.

GÖTEBORG, Sweden, Dec. 8, 2021 /PRNewswire/ -- The Board of Directors of Castellum has appointed Biljana Pehrsson as President and CEO of Castellum AB. She will take office today, 8 December. In addition, Ylva Sarby Westman has been appointed Deputy CEO and CFO of Castellum.

Biljana Pehrsson comes most recently from her position as CEO of Kungsleden, which she has held since 2013.

"It is gratifying to see the acquisition of Kungsleden now entering the next phase. Together, we are creating a player of significant size in an industry, where size in combination with sustainable and innovative service development is playing an increasingly important role. I welcome Biljana and Ylva and look forward to develop growth, sustainability and profitability together," says Rutger Arnhult, Chairman of the Board of Castellum AB.

"I look forward to leading the Nordic region's largest listed commercial property company with a focus on sustainable growth. The size, financial strength and combined industry experience of our joint company provide us with a boost to our competitiveness, for the benefit of our customers, employees, shareholders and creditors," says Biljana Pehrsson, the new CEO of Castellum.

Ylva Sarby Westman comes most recently from her position as Deputy CEO and CFO at Kungsleden, and has held various executive positions at Kungsleden since 2009. Ylva Sarby Westman starts her new position on 8 December.

For more information please contact:
Rutger Arnhult, Chairman of the Board, Castellum AB, rutger.arnhult@castellum.se
Biljana Pehrsson, CEO, Castellum AB, +46 8-503 052 04

This disclosure contains information that Castellum is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 08-12-2021 08:00 CET.

his information was brought to you by Cision http://news.cision.com

https://news.cision.com/castellum/r/biljana-pehrsson-takes-office-as-ceo-of-castellum-ab,c3467278

The following files are available for download:

https://mb.cision.com/Main/8364/3467278/1506751.pdf

Release

https://news.cision.com/castellum/i/biljana-pehrsson-low,c2989330

Biljana Pehrsson low

https://news.cision.com/castellum/i/ylva-sarby-westman,c2989331

Ylva Sarby Westman

 

Cision View original content:https://www.prnewswire.com/news-releases/biljana-pehrsson-takes-office-as-ceo-of-castellum-ab-301439887.html

SOURCE Castellum

FAQ

Who has been appointed as the new CEO of Castellum?

Biljana Pehrsson has been appointed as the new CEO of Castellum, effective December 8, 2021.

When did Biljana Pehrsson start her role as CEO of Castellum?

Biljana Pehrsson started her role as CEO of Castellum on December 8, 2021.

Who is the Deputy CEO and CFO of Castellum?

Ylva Sarby Westman has been appointed as the Deputy CEO and CFO of Castellum.

What is the significance of the leadership changes at Castellum?

The leadership changes aim to enhance Castellum's competitiveness and capitalize on the recent acquisition of Kungsleden.

What prior experience does Biljana Pehrsson have?

Biljana Pehrsson previously served as the CEO of Kungsleden from 2013 before joining Castellum.

CASTELLUM AB UNSP/ADR

OTC:CWQXY

CWQXY Rankings

CWQXY Latest News

CWQXY Stock Data

6.00B
202.53M
Real Estate - Development
Real Estate
Link
United States of America
Gothenburg