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Intrum — Board/Management Information 2022
Aug 21, 2022
2930_iss_2022-08-21_0b8c629a-ba82-4032-a0bd-05fc79a892c4.pdf
Board/Management Information
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Intrum AB (publ) Corporate identity no.: 556607-7581
Stockholm 21 August, 2022 at 20.30 CET
Press Release Andrés Rubio appointed as acting President and CEO of Intrum
come to an agreement with Anders Engdahl, who will step down from his position as President and CEO of Intrum and leave the company with immediate effect. The Board has appointed current Board member Andrés Rubio as acting President and CEO. The recruitment of a permanent solution will commence during the autumn.
Anders Engdahl was internally recruited from the CFO role to the CEO position, with the specific intent of driving the ONE Intrum transformation, which is now underway after heavy lifting. Over the last couple of years, he has managed to grow as well as transform the company into a more efficient organisation. However, the Board believes that the company has not delivered on its market-leading position and full potential, mainly due to insufficient commercial development. Consequently, the Board has concluded that a more transformation-oriented and commercial leadership with a proven track record of similar transformation is needed to realise the full
his contribution and hard work for the company. We wish him the best in his future
Until the closure of the recruitment process of a permanent President and CEO, Andrés Rubio will serve as acting President and CEO. Andrés Rubio, born in 1968, has extensive experience from several management positions (including Cerberus, Apollo Management International, and Altamira Asset Management) and was appointed Board member of Intrum in 2019.
-decade long experience within the industry, with a profound understanding of the CMS business as well as portfolio investments. He has
Intrum AB (publ) Corporate identity no.: 556607-7581
a proven track record as a leader, characterised by attentive, transparent, and consistent leadership. Qualities that the Board believes to be decisive going forward, as we aim to accelerate the commercial development of the company. Andrés has the experience, humility, and leadership qualities to secure the development of Intrum in the near future. Having been on the board for more than three years, Andrés is well continues.
e role as acting President and CEO of Intrum. Having worked closely with the company for more than three years, I am well aware of the opportunities and challenges facing the company. The future of Intrum is bright and we are yet to see the best of this company. Going forward, my main focus will be to strengthen and speed up the commercial development of Intrum. My ambition is also to create a clearer organisational structure with shorter decisionmaking paths and improved ways of working underpinned by the strong Intrum
Andrés Rubio assumes the position as President and CEO of Intrum with immediate effect and remains a member of the Board.
For further information, please contact: Magnus Lindquist, Chairman of the Board +46 733 16 09 63
Anna Fall, Chief Brand & Communications Officer +46 709 96 98 21 Mail: [email protected]
Intrum is the industry-leading provider of Credit Management Services with a presence in 24 markets in Europe. Intrum helps companies prosper by offering solutions designed to improve cash flows and long-term profitability and by caring for their customers. To ensure that individuals and companies get the support they need to become mission. Intrum has circa 10,000 dedicated professionals who serve around 80,000 companies across Europe. In 2021, revenues amounted to SEK 17.8 billion. Intrum is headquartered in Stockholm, Sweden and the Intrum share is listed on the Nasdaq Stockholm exchange. For further information, please visit www.intrum.com.
This information is information that Intrum AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at 20.30 CET on 21 August 2022.