Lars Wollung is named the new President and CEO of Intrum Justitia
Lars Wollung is currently President and CEO of the management and IT consulting
company Acando AB and a member of Intrum Justitia's Board of Directors.
Lars Wollung was elected to Intrum Justitia's Board of Directors in 2006. Since
2001 he has been President and CEO of the publicly listed management and IT
consulting company Acando AB, which he helped to found in 1999. Prior to that,
Lars worked for many years as a management consultant specializing in strategic
development, including at McKinsey & Co.
“I am very pleased and gratified that Lars has decided to accept the offer as
President,” says Lars Lundquist, Chairman of the Board of Intrum Justitia AB.
“Intrum Justitia is in a process of strategic transformation that is expected to
continue for a number of years. Lars has wholeheartedly contributed to and
supported these change efforts. He's the right person to team with the rest of
the management group to drive this process to a successful conclusion.”
Lars Wollung will take over as President and CEO as soon as possible, though no
later than May 14, 2009. Michael Wolf will step down from the position on
November 30, 2008. Monika Elling, Intrum Justitia's Chief Financial Officer,
will serve as Acting President from December 1, 2008 and until Lars Wollung
takes over.
For further information, please contact:
Lars Lundquist, Chairman of the Board
Mobile: +46 705 25 41 30
Sophie Hammarskjöld, Chief Communications Officer
Telephone: +46 8 546 10 203, mobile: +46 76 768 52 63
s.hammarskjold@intrum.com
Intrum Justitia is Europe's leading Credit Management Services (CMS) group, with
revenues of approximately SEK 3.2 billion and 3,600 employees in 24 markets.
Intrum Justitia offers services designed to measurably improve clients' cash
flows and long-term profitability. Intrum Justitia AB is listed on the Nordic
Exchange, Mid Cap list. For further information, please visit www.intrum.com
