Raketech chairman Ulrik Bengtsson has confirmed that he will step down later this year after accepting a CEO position at another company.
Bengtsson, who has served on the Raketech board since May 2021, said the decision to step down is the “right professional move” in order to take up a compelling new opportunity.
He will remain as chair until 30 July and will be eligible for re-election at the company’s annual general meeting in May.
“I am confident that the entire Raketech board and executive team remain dedicated to strengthening the balance sheet and shaping an exciting strategy that I expect will be unveiled to investors in the coming months,” said Bengtsson.
The nomination committee has already begun the process of identifying a new board member who may also take on the role of non-executive chair.
Raketech thanked Bengtsson for his contribution and dedication to the board since his appointment in 2021.
Shares in Raketech Group Holding plc (STO:RAKE) were trading 2.60 per cent higher at SEK3.35 per share in Stockholm Friday morning.