Board/Management Information • Dec 4, 2007
Board/Management Information
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PRESS RELEASE
Danderyd 2007-12-04
The Board of Directors of Ortivus AB has appointed board member Jon Risfelt as Deputy Chairman of the Board. The board has further decided to call in Peter Edwall as observer. At the coming annual general shareholders meeting, the election committee intends to propose Jon Risfelt as Chairman of the Board, and Peter Edwall as a Board Member of Ortivus AB
Peter Edwall will, through his extensive experience from the financial and capital markets, bring considerable competence to the ongoing restructuring and focusing of the Company. Peter Edwall is also a major shareholder in Ortivus AB.
After having completed cost reductions, current CEO Walter K. Young, will now return to his ordinary assignment as CEO for Ortivus successful operations in North America. The board has per today appointed Bengt Arne Sjöqvist as acting CEO for Ortivus AB, and has initiated the recruiting of a new CEO for the Company. Mr Sjöqvist has been engaged in the Company since its initiation, and has long commercial and technical experience from the various business areas of Ortivus.
The purpose of these changes is to strengthen board and management in relation to the ongoing comprehensive restructuring and strategy changes. Chairman Akbar Seddigh and Jon Risfelt will together with the other board members work closely with the CEO and other management of the Ortivus entities.
Akbar Seddigh, Chairman, Ortivus AB, phone: 08-446 45 00
Also visit www.ortivus.com
Ortivus AB is a Healthcare IT company that offers information and decision-making support systems for Healthcare, Emergency Medical Services and Public Safety in Europe and North America. Ortivus AB was established in 1985 and is since 1997 listed on the OMX Nordic Exchange Small Cap list. Ortivus has approximately 160 employees and subsidiaries in Denmark, Germany, Great Britain, Canada, and the US.
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