After nearly ten years with the B&B TOOLS Group, Johan Falk, Executive Vice President of B&B TOOLS AB and President of the operating area B&B TOOLS Markets AB ("Markets"), has decided to leave his position with B&B TOOLS to assume employment with another listed company. Carl Johan Lundberg, Executive Vice President of B&B TOOLS AB, has been appointed Acting President of Markets. Johan Falk will leave the Group at the end of December 2010.
Stockholm, 12 November 2010
B&B TOOLS AB (publ)
For further information, contact:
Stefan Wigren, President and CEO, B&B TOOLS AB, tel +46 (0)8-660 10 30
UNITED FOR INDUSTRIAL EFFICIENCY
B&B TOOLS provides the industrial and construction sectors in northern Europe with industrial consumables, industrial components and related services. The Group currently has annual revenue of approximately SEK 7.6 billion and approximately 2,800 employees.
This information is disclosed in accordance with the Swedish Securities Markets Act, the Swedish Financial Instruments Trading Act or demands stated in the regulations for issuers.
HUG#1462094
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Source: B&B TOOLS AB via Thomson Reuters ONE
