Henrica Ginström assumed her role as Citycon’s CEO in April 2024. The company’s Board of Directors has appointed Vice Chairman of the Company’s Board of Directors F. Scott Ball as Citycon’s interim CEO. Ball, who has previously served as Citycon’s CEO during the years 2019–2024, will assume the role immediately and will reside in Helsinki through his tenure. F. Scott Ball has also served as a member of Citycon’s Board of Directors since 2021, in which role he will continue alongside his new responsibilities as interim CEO.

The Company’s Board of Directors has initiated the search process for a new CEO.

“I would like to thank Henrica for her many years of service to Citycon and wish her great success in her future endeavors. Citycon owns a high quality portfolio of necessity based, grocery anchored shopping centers in irreplaceable urban locations and the Board believes a robust operational plan will extract the untapped embedded value in its assets and will maximize value for all its stakeholders,” says Chaim Katzman, Chairman of the Board of Directors of Citycon.

“I would like to thank the company and all its employees for the past thirteen years. I feel privileged and grateful to have worked with such a team of professional and passionate co-workers,” says Henrica Ginström.