Tag Archives: CFO

Sweco AB Appoints Jan Allde as New CFO to Drive Strategic Growth Amid Europe’s Green Transition

(IN BRIEF) Sweco AB has appointed Jan Allde as its new CFO and member of its Executive Team, with his tenure beginning on 1 August 2025. He will replace Olof Stålnacke, who is set to leave the company during the … Read the full press release

NORDEN Appoints Anne Heidi Jensen as Group COO, Strengthening Executive Leadership

(IN BRIEF) NORDEN has introduced Anne Heidi Jensen as its new Group Chief Operating Officer, effective immediately, expanding its Executive Management team which now includes CEO Jan Rindbo, CFO Martin Badsted, and COO Anne Heidi Jensen. Anne Heidi Jensen, who … Read the full press release

CECONOMY Secures €900M Green Credit Line to Bolster Sustainable Financial Strategy

(IN BRIEF) CECONOMY AG, the parent of MediaMarktSaturn, has secured a new €900 million ESG-linked revolving credit facility, replacing earlier unused credit lines that acted solely as a liquidity reserve. This three-year facility, extendable by two additional years, ties its … Read the full press release

Swedbank Taps New Leader for Baltic Market Expansion

(IN BRIEF) Swedbank has officially named Olof Sundblad as the permanent Head of Baltic Banking, elevating him from his acting role since October 2024. In this new capacity, he will remain a member of the Group Executive Committee. Sundblad’s appointment … Read the full press release

Voith Paper Welcomes Andreas Batzer as CFO to Drive Financial Innovation and Growth

(IN BRIEF) Andreas Batzer was named the new CFO and management board member of Voith Paper in March 2025, reporting directly to President & CEO Andreas Endters. Replacing Ralf Sorg—who now serves solely as President Projects—Batzer is responsible for leading … Read the full press release

Hexagon AB’s Nomination Committee Announces Key Board Changes Ahead of AGM

(IN BRIEF) Hexagon AB’s Nomination Committee has proposed key changes to its Board of Directors ahead of the AGM on 5 May 2025. The proposals include electing Tomas Eliasson as a new independent board member and appointing Björn Rosengren as … Read the full press release

Investor AB Eyes Next-Gen Leadership as Fred Wallenberg Nominated to Replace Gunnar Brock at 2025 AGM

(IN BRIEF) Gunnar Brock, a veteran of the Investor Board since 2009, will not be seeking re-election at the 2025 AGM, and the Nomination Committee has proposed Fred Wallenberg as his replacement. Fred, currently the Business Development and M&A Director … Read the full press release

Wacker Chemie AG Extends Tobias Ohler’s Contract as CFO for Another Five Years

(IN BRIEF) The Supervisory Board of Wacker Chemie AG has re-appointed Tobias Ohler as CFO for an additional five years, extending his contract beyond its initial expiration in December 2025. Ohler, a member of the Executive Board since 2013, was … Read the full press release

Eurogrid Secures One Billion Euros for Offshore Grid Projects with KfW-Backed Green Financing

(IN BRIEF) Eurogrid GmbH, the parent company of 50Hertz, has secured a one billion euro, ten-year loan agreement with twelve banks as part of a KfW-backed green syndicated financing deal. The loan will fund two offshore grid projects, Ostwind 4 … Read the full press release

Wolters Kluwer’s CCH Tagetik Wins Five Awards at 2024 Application Innovation Awards

(IN BRIEF) Wolters Kluwer has been recognized with five awards in the 2024 Application Innovation Awards from Dresner Advisory Services for its CCH Tagetik solution. The solution was honored for its capabilities in financial close management, financial consolidation, ESG, and … Read the full press release

Ann-Sofie Østberg Bjergby Appointed as NIRAS’s New Chief Financial Officer, Effective March 2025

(IN BRIEF) Ann-Sofie Østberg Bjergby has been appointed as the new Chief Financial Officer (CFO) at NIRAS, effective March 1, 2025. With significant experience in finance, accounting, and M&A, including her previous role as CFO at AKF, Ann-Sofie brings a … Read the full press release

Vestas Appoints Jakob Wegge-Larsen as New CFO, Set to Join in 2025

(IN BRIEF) Vestas has appointed Jakob Wegge-Larsen as its new Chief Financial Officer (CFO), with his start date set for the second quarter of 2025. Wegge-Larsen brings significant experience from his current role as CFO at DB Schenker, as well … Read the full press release

Neste Restructures Leadership Team, Appoints Eeva Sipilä as Incoming CFO to Drive Strategic Focus

(IN BRIEF) Neste has announced a new Leadership Team to enhance operational efficiency and performance, effective immediately. Heikki Malinen, President and CEO, will also lead Neste’s Renewable Products business area. Markku Korvenranta has been appointed Executive Vice President of Oil … Read the full press release

Fiona Lam Appointed CFO of Agfa-Gevaert Group, Succeeding Dirk De Man

(IN BRIEF) Agfa-Gevaert Group has appointed Fiona Lam as its new Chief Financial Officer, effective October 15, 2024. She will replace Dirk De Man, who is stepping down due to health issues. CEO Pascal Juéry expressed his enthusiasm for Lam’s … Read the full press release

Vanessa Hellwing to Succeed Norbert Nettesheim as CFO of ANDRITZ AG in 2025

(IN BRIEF) Vanessa Hellwing has been appointed to the Executive Board of ANDRITZ AG starting January 1, 2025, and will assume the role of Chief Financial Officer (CFO) on March 28, 2025. She will succeed Norbert Nettesheim, who is retiring … Read the full press release

Stora Enso Appoints Niclas Rosenlew as CFO and Carolyn Wagner as EVP of Packaging Solutions

(IN BRIEF) Stora Enso has appointed Niclas Rosenlew as the new Group Chief Financial Officer and Carolyn Wagner as the Executive Vice President of the Packaging Solutions division. Both will join the company by January 2025, bringing extensive experience and … Read the full press release

Aegon Appoints Duncan Russell as New CFO, Succeeding Matt Rider

(IN BRIEF) Aegon announces the appointment of Duncan Russell as Chief Financial Officer (CFO), effective September 1, 2024, succeeding Matt Rider, who will retire after over seven years of service. Duncan, currently serving as Chief Transformation Officer at Aegon, brings … Read the full press release

Steffen Hoffmann to Succeed Rainer Verhoeven as CFO of Aurubis AG

(IN BRIEF) Steffen Hoffmann, an internationally experienced executive with a comprehensive background in finance, will become the new Chief Financial Officer of Aurubis AG on October 1, 2024. He will be succeeding Rainer Verhoeven, who announced his departure effective June … Read the full press release

Jens Schulte Named New CFO of thyssenkrupp AG

(IN BRIEF) Dr. Jens Schulte is set to assume the role of Chief Financial Officer (CFO) at thyssenkrupp AG starting June 1, succeeding Dr. Klaus Keysberg who will retire on May 31. Approved by the Supervisory Board last November, Schulte … Read the full press release

Andrea Herrmann Reappointed as CFO of Vienna Stock Exchange, Ensuring Stability and Continuity

(IN BRIEF) The Vienna Stock Exchange’s supervisory board has affirmed its commitment to stability and continuity by reappointing Andrea Herrmann as Chief Financial Officer (CFO) during its recent meeting. Herrmann, who has been a member of the management board since … Read the full press release