The board of Kährs Holding AB (publ), Kährs Group, has announced the appointment of Johan Magnusson as new group CEO. Johan Magnusson brings years of experience in a range of pan-European and global companies and was most recently Managing Director at Owens Corning & Senior Vice President of Paroc Technical Insulation. Magnusson replaces Christer Persson and will start his appointment on 1 September 2019 at the latest.

Anders Wassberg, Chairman of the Board of Kährs, said: “We are very happy to welcome Johan Magnusson to Kährs and are excited about him taking the company towards continued growth in the future and further development. With a proven track record of leading and growing businesses in our sector, he has the capabilities required to drive exceptional business performance by creating strategic clarity, driving commercialisation and customer focus, while ensuring disciplined execution.

Commenting on his appointment, Johan Magnusson said: “Kährs is a market leader with brands known for both tradition and a strong product and market offering. I am delighted to join Kährs as CEO and contribute with my experience to grow and strengthen the company further. The business is well-positioned to capture new opportunities and I am confident that we have the team and resources to gain a greater foothold in our core European markets and beyond. I look forward to working with the Kährs team as we take the company to the next stage of development.”

Anders Wassber commented: “On behalf of the board I would like to express our gratitude to Christer Persson for his stewardship and commitment. For the last seven years, Kährs have taken important steps securing the position as the European premium hardwood leader with an industry leading supply footprint. As Christer Persson now choses to move on, his accomplishments have led us to a threshold where new management can take on and continue to ramp up our expanded product range, digital offering, accelerate growth and business development.”

www.kahrsgroup.com