AB Industrivärden (publ) announced Sverker Martin-Löf, Boel Flodgren and Stuart Graham have declined re-election. The Nominating Committee has appointed Håkan Sandberg as Nominating Committee chair. The recruitment of a new President and CEO in Industrivärden is expected to be completed during the third quarter of 2015.

For the interim period until the new President takes office, the Board of Directors of Industrivärden has appointed Bengt Kjell as acting CEO. During the period 2002­2010 Bengt Kjell was employed by Industrivärden as Executive Vice President and Chief Investment Officer. Now he is CEO of Handelsbanken's subsidiary Aktiebolaget Handel och Industri, an assignment he will leave, and is a member of ICA Gruppens board and has also been proposed to serve as the new Chairman of the Board of SSAB.

When Anders Nyrén is elected as new Chairman of the Board, he will leave his position as President and CEO and his employment by Industrivärden. As previously announced, the principal owners suggests that Fredrik Lundberg be appointed Vice Chairman of Industrivärden's board.