Joakim Efraimsson will remain with the company during his notice period. The process of finding a new CEO for Wästbygg AB will begin immediately.

"I have been employed by the group since 2010, so it is of course with mixed feelings that I am leaving. However, given the current state of the industry and the company, it is the right time for a new CEO to step in. I will of course miss all the colleagues I have gotten to know over the years, but I am ready for new challenges," says Joakim Efraimsson, CEO of Wästbygg AB.

"It is of course sad that Joakim is leaving and I would like to take this opportunity to thank him for his contributions during all his years as an employee. We will now look ahead and ensure that we bring in new leadership that can take on the task of restoring Wästbygg AB's profitability and creating a company that is well equipped for the current market situation," says Jonas Jönehall, CEO and President.