In the press release Mats Mared writes:
“After having created a company of over 30 billion together with the CEO and highly qualified coworkers, that during the last five years has produced an annual yield on invested capital of 24 percent on average, and through this increased pensioners’ and policyholders’ pension capital with SEK six billion, I hereby announce that I am leaving Rikshem’s board.
“The company’s owners, AMF and AP4, have today announced in separate press releases that the successful CEO, one of the most skilled in the industry in my opinion and many other’s like me, no longer is the right person to lead the company going forth.”
“Therefore I intend to, at the latest in conjunction with next week’s General Meeting, announce to the Companies Registration Office that I cancel my availability and quit.”¨
Earlier this week Rikshem’s owners announced that they agree the Jan-Erik Höjvall is not the right person to lead Rikshem in the future.
Rikshem’s chairman of the board Mats Mared has been informed that the board of the Fourth AP Fund shares the opinion that has been put forth by the company’s other owner, AMF, that CEO Jan-Erik Höjvall is not the right person to lead Rikshem in the future.
Since Rikshem’s board earlier expressed their faith in the CEO, Mared will immediately call to a board meeting regarding this issue.
This Tuesday the Fourth AP Fund’s CEO Mats Andersson announced his resignation. According to Dagens Industri this had to do with the turbulence regarding Rikshem, something that Andersson himself denies in an interview with Affärsvärlden.
In the future Andersson will work with the share legend Laszlo Szombatfalvy’s foundation Global Challenges Foundation, among other things.
Mats Mared Leaves Rikshem
Sweden —
Rikshem’s chairman Mats Mared leaves the company’s board of directors. This was announced on Thursday afternoon in a press release. Meanwhile Rikshem’s owners are in agreement over the fact that Jan-Erik Höjvall is not the right person to lead Rikshem in the future.
2016-03-04