Kitron: Change in corporate management team

Core Points - Kitron's Chief Operating Officer Kristoffer Asklöv has resigned to become CEO of a Swedish manufacturing company outside Kitron's competitive landscape [1] - Asklöv has been with Kitron for four years and has significantly contributed to the company's growth and operational development [2] - To facilitate a smooth transition, Asklöv will remain with Kitron until the end of the year, with his responsibilities being divided between the Chief Technology Officer Stian Haugen and Hasse Faxe, who will join as Chief Commercial Officer [3] Company Overview - Kitron is a leading Scandinavian electronics manufacturing services company operating in sectors such as Connectivity, Electrification, Industry, Medical devices, and Defence/Aerospace [4] - The company has operations in multiple countries including Norway, Sweden, Denmark, Lithuania, Germany, Poland, the Czech Republic, India, Malaysia, China, and the United States [4] - Kitron employs approximately 2,400 people and reported revenues of EUR 647 million in 2024 [4]