Proposals from Nobias Nomination Committee
In preparation for the 2010 Annual General Meeting, Nobias Nomination Committee proposes the election of Johan Molin and Rolf Eriksen as new members of the Nobia Board.
Johan Molin, 50, is President and CEO of Assa Abloy and his previous experience includes working as President of the industrial Group Nilfisk-Advance and at Atlas Copco.
Rolf Eriksen, 65, was President of H&M for nine years.
We are highly satisfied with these proposals. The solid experiences of these two candidates in the large-scale supply of goods and organic sales growth is appropriate for Nobias future development, says Fredrik Palmstierna, Chairman of the Nomination Committee.
The Nomination Committee also proposes the re-election of the following Board members: Hans Larsson, Stefan Dahlbo, Bodil Eriksson, Fredrik Palmstierna, Thore Ohlsson, Joakim Rubin and Lotta Stalin. The Committee proposes that Hans Larsson be re-elected Chairman of the Board. The intention is for Johan Molin to succeed Hans Larsson as Chairman of Nobia at the 2011 Annual General Meeting.
After 14 years as a Board member, Wille Laurén has declined re-election, as has Preben Bager, who, as previously announced, wishes to retire in 2010. The Nomination Committees proposals entail a change in the number of Board members to nine.
The Nomination Committees full list of proposals will be published in conjunction with the Notice of the Annual General Meeting.
16 December 2009
For further information contact:
Fredrik Palmstierna, SäkI, Chairman of the Nomination Committee
Hans Larsson, Chairman of the Board
Ingrid Yllmark, Director Communications
Telephone +46 (0)8-440 16 00 or +46(0)708-65 59 00
A group of strong kitchen brands
Nobia is the company behind several strong European kitchen brands, such as Magnet in the UK, HTH in the Nordic countries, Hygena in France and Poggenpohl internationally. The Group manufactures and sells complete kitchen solutions and generates value by utilising economies of scale. Nobia has approximately 8,000 employees and net sales of about SEK 16 billion. The Nobia share is listed on NASDAQ OMX in Stockholm under the short name NOBI. For more information, visit www.nobia.com.