STOCK TITAN

Ylva Sarby Westman leaves her position as deputy CEO and CFO of Castellum

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

Ylva Sarby Westman has announced her departure as deputy CEO and CFO of Castellum, effective immediately, as she leaves voluntarily. Employed since December 2021, Sarby Westman will stay on during the recruitment of her successor. This process is set to begin right away. Castellum, a major player in the Nordic property market, focuses on developing flexible workplaces and logistics solutions, holding a property value of approximately SEK 148 billion.

Positive
  • Recruitment for a new CFO starts immediately, ensuring continuity in leadership.
Negative
  • The departure of a key executive may lead to uncertainty among investors.

GÖTEBORG, Sweden, Jan. 13, 2022 /PRNewswire/ -- Ylva Sarby Westman has informed the company that she has decided to leave her position as deputy CEO and CFO of Castellum at her own request. She has been employed by Castellum since December 2021 and will remain in her position while the recruitment of a new CFO progresses.

The recruitment process for a new CFO begins immediately.

For further information, please contact:

Anna-Karin Nyman, Director Communications, Castellum AB, + 46 70 206 75 62, anna-karin.nyman@castellum.se 

About Castellum

Castellum is one of the largest listed property companies in the Nordic region that develops flexible workplaces and smart logistics solutions. As of 19 November 2021, the property value totalled approximately SEK 148 billion, based on an ownership of all shares in Kungsleden. We are active in attractive Swedish growth regions as well as in Copenhagen and the Helsinki area. Through Castellum's associated company, Entra ASA, the company is also exposed to the Norwegian commercial property market. One of our sustainability goals is to become entirely climate neutral by 2030 at the latest. Castellum is the only Nordic property and construction company elected to the Dow Jones Sustainability Indices (DJSI). The Castellum share is listed on Nasdaq Stockholm Large Cap.

Beyond expectations.
www.castellum.se

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 13-01-2022 18:04 CET.

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

https://news.cision.com/castellum/r/ylva-sarby-westman-leaves-her-position-as-deputy-ceo-and-cfo-of-castellum,c3485875

The following files are available for download:

https://mb.cision.com/Main/8364/3485875/1520196.pdf

Release

Cision View original content:https://www.prnewswire.com/news-releases/ylva-sarby-westman-leaves-her-position-as-deputy-ceo-and-cfo-of-castellum-301460707.html

SOURCE Castellum

FAQ

Why did Ylva Sarby Westman leave Castellum?

Ylva Sarby Westman decided to leave her position as deputy CEO and CFO at her own request.

When did Ylva Sarby Westman join Castellum?

She has been employed by Castellum since December 2021.

What is the current property value of Castellum?

As of November 19, 2021, Castellum's property value totaled approximately SEK 148 billion.

What is Castellum's focus in the property market?

Castellum develops flexible workplaces and smart logistics solutions in the Nordic region.

What positions is Castellum currently hiring for?

Castellum is currently in the process of recruiting a new CFO.

CASTELLUM AB UNSP/ADR

OTC:CWQXY

CWQXY Rankings

CWQXY Latest News

CWQXY Stock Data

6.00B
402.00M
Real Estate - Development
Real Estate
Link
United States of America
Gothenburg