Board/Management Information • Oct 24, 2007
Board/Management Information
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Press release Lund, 24 October 2007
The Board of Directors of Doro AB have today appointed Jérôme Arnaud as the new CEO for the company. Jérôme Arnaud is currently MD of Doro's French subsidiary which accounts for almost 50% of Doro's sales. He is also head of Doro's fast-growing Care and Business Electronics Division.
The change of CEO is being notified in connection with Doro issuing its report for the third quarter of 2007. Doro is reporting a profit for the third quarter and substantially improved results in comparison with last year. The improvement means that the Home Division is now profitable and that the development of the Care and Business Electronics Division has intensified.
During the last three years Doro has undergone major changes. The company is now entering a new phase with a stabilised operation within the Home Division and satisfactory growth within the Care and Business Electronics Division says, Bo Kastensson, Chairman of Doro's Board of Directors in a comment to the new appointment.
Rune Torbjörnsen has led Doro through a number of difficult years, cultivated the core business and put the focus on new areas of business. Doro now perceives a more intensive growth phase where Jérôme Arnaud ´s operative experience from the different business units makes him particularly suitable to lead the company forward. In addition will his experience from the important French market be important for Doro, concludes Bo Kastensson.
Jérôme Arnaud was born in 1963, is resident in France and has been employed at Doro since 2000. He is a certified engineer and before he came to Doro he worked on business development and marketing within Matra Nortel. He has also worked in sales in relation to South- and Latin America and was stationed in Argentina for two years.
Lund 24 October 2007
Doro AB
Bo Kastensson, Chairman of the Board of Directors, telephone+ 46 (0)46 2805003 Jérôme Arnaud, CEO, telephone +46 (0)46 280 5005
For picture of Jérôme Arnaud please down load from (http://se.doro.com/images/persons/jerome.jpg
With over 30 years' experience in telephony Doro is today characterised by innovative and user-friendly consumer electronics products. The company develops markets and sells a wide range of products in three business units: Home Electronics, Business Electronics and Care Electronics. The company's products are sold in more than 30 countries worldwide through a variety of retail outlets, including electronics stores, online stores and specialized channels. The company had sales of SEK 433 million in 2006. Doro's shares are quoted on the Stockholm Stock Exchange, Nordic list, Small companies. Read more about Doro at www.doro.com.
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