STOCK TITAN

Henrik Saxborn leaves Castellum

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

Henrik Saxborn will leave his position as CEO of Castellum in 2021. Appointed in 2013, Saxborn has played a significant role in the company's growth and development. The Board is initiating a process to find his successor while ensuring a smooth transition, with Saxborn remaining in his role for up to six months. Castellum, one of the largest real estate companies in the Nordic region with a property value of SEK 103 billion, focuses on sustainability and technology development, aiming for climate neutrality by 2030, and is listed on Nasdaq Stockholm Large Cap.

Positive
  • Castellum has a strong market position as one of the largest listed real estate companies in the Nordic region, with a property value of SEK 103 billion.
  • The company has set ambitious sustainability goals, aiming to be entirely climate neutral by 2030.
Negative
  • Henrik Saxborn's departure may create uncertainty in leadership and strategic direction during the transition period.

GÖTEBORG, Sweden, April 7, 2021 /PRNewswire/ -- Henrik Saxborn has informed the Board of Castellum that he will leave his position as CEO in 2021. Henrik Saxborn was appointed as CEO in 2013 and before that he was Deputy CEO of Castellum since 2006. The Board is now, in discussion with Henrik Saxborn, initiating a process to appoint a new CEO.

"On behalf of the Board, I would like to thank Henrik Saxborn for his time as CEO and positive contribution to the company's development and growth. Castellum is well equipped for the future and I look forward to continuing to develop the company together with the Board and management team," says Rutger Arnhult, Chairman of the Board of Castellum AB.

"Castellum is a fantastic company, today one of the strongest real estate companies in the Nordic region with a prominent position in technology development and sustainability. It has been a privilege to be able to create all this together with all the committed and wonderful colleagues," says Henrik Saxborn.

Henrik Saxborn will continue in his current position for six months or until a successor takes office, to contributing to a smooth transition.

For more information please contact:

Henrik Saxborn, CEO of Castellum AB, +46 706-94 74 50
Rutger Arnhult, Chairman of the Board of Castellum AB, +46 704-58 24 70

This information is information that Castellum 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 21.00 CET on 7 April 2021.

About Castellum

Castellum is one of the Nordic region's largest listed real estate companies with a property value of SEK 103 billion. We are active in 14 Swedish growth regions as well as in Copenhagen and Helsinki. Every day, 250,000 people go to work in our premises. We develop flexible workplaces and logistics solutions with a lettable area of 4.4 million square meters. One of our sustainability goals is to be entirely climate neutral by 2030. Castellum is the only Nordic real estate company selected by the Dow Jones Sustainability Index (DJSI). The Castellum share is listed on the Nasdaq Stockholm Large Cap.

Beyond expectations.
www.castellum.se

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

https://news.cision.com/castellum/r/henrik-saxborn-leaves-castellum,c3320606

The following files are available for download:

https://mb.cision.com/Main/8364/3320606/1398407.pdf

Press release 210407

 

Cision View original content:http://www.prnewswire.com/news-releases/henrik-saxborn-leaves-castellum-301264547.html

SOURCE Castellum

FAQ

When is Henrik Saxborn leaving Castellum?

Henrik Saxborn will leave his position as CEO in 2021.

What is Henrik Saxborn's role in Castellum?

Henrik Saxborn has been the CEO since 2013 and will assist in the transition for six months.

What is Castellum's property value?

Castellum has a property value of SEK 103 billion.

What sustainability goal has Castellum set?

Castellum aims to be entirely climate neutral by 2030.

On which stock exchange is Castellum listed?

Castellum is listed on Nasdaq Stockholm Large Cap.

What position does Castellum hold in the Nordic real estate market?

Castellum is one of the largest listed real estate companies in the Nordic region.

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