Sleep Cycle AB (publ) announced the appointment of Elisabeth Hedman as the new Chief Financial Officer (CFO) effective June 1, 20224. Elisabeth joins Sleep Cycle from her role as CFO at TimeEdit and brings with her a wealth of experience from previous positions at TimeEdit and Norion Bank. The recruitment of Elisabeth Hedman marks the conclusion of the restructuring process announced by the company in January, one of many strategic initiatives in Sleep Cycles' upcoming growth phase.

Current CFO Per Andersson has announced his decision to step down from his position to pursue opportunities outside the company. Per Andersson will leave the company by the end of the second quarter in order to secure a good handover.