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Share 2016-09-27 17:29 RATOS B 39.81 SEK

Lars Pettersson new CEO of Bisnode

2011-11-10

This information is disclosed in accordance with the Securities Markets Act, the Financial Instruments Trading Act or demands made in the exchange rules.

Lars Pettersson has been appointed as President and CEO of Ratos's subsidiary Bisnode and will assume his duties at the latest on 1 May 2012. Lars Pettersson is currently Managing Director of the IT company Atea's Swedish operations and is also a member of Bisnode's board.

Lars Pettersson has broad experience from the IT industry and joins Bisnode from Atea where he has been Managing Director for the Swedish operations since 2005. Previously Lars was CEO of Martinsson and QD. Lars Pettersson was born in 1961 and has a BSc in Business Administration from the University of Umeå. He has been a member of Bisnode's board since 2011.

Håkan Ramsin, Chairman of the Board of Bisnode, comments: "His 20 years of experience in developing new IT-based services in close co-operation with customers and in delivering results make Lars a highly suitable CEO for Bisnode. His key task, together with the company's management, will be to implement the adopted strategy and business plan and above all to create organic growth."

Lars Pettersson will assume his duties at the latest on 1 May 2012 and succeed Johan Wall who resigned as CEO of Bisnode at the beginning of October. Fredrik Åkerman, CFO and Business Area Director at Bisnode, will be acting CEO until Lars Pettersson takes up his position.

Ratos became the principle owner of Bisnode in 2005 when Ratos's associated company Infodata was merged with Bonnier Business Information. Bisnode is one of Europe's leading suppliers of digital business information with services in market, credit and business information. Using Bisnode's information services companies can increase their sales, reduce their risks and improve their day-to-day business decisions. Operations are conducted in 17 countries in Europe.

For further information, please contact:
Henrik Joelsson, Investment Director, Ratos, +46 8 700 17 00
Håkan Ramsin, Chairman of the Board, Bisnode, +46 705 90 16 20
Lars Pettersson, CEO designate, Bisnode, +46 705 17 28 02
Emma Rheborg, Head of Corporate Communications and IR, Ratos, +46 8 700 17 20