SWEDEN: Kappahl names Johan Åberg new CEO
Johan Åberg has been named as the new president and chief executive officer of Nordic fashion chain KappAhl, and is set to join the company at the beginning of 2012.
He is joining the retailer from Jula AB, where he has been CEO for the past 2.5 years, and will replace Christian Jansson.
"We are very pleased to have found an experienced and competent successor in Johan," says company chairman Finn Johnsson. "His vast knowledge of the retail business and great improvements of results in the companies he has been working with will be of great value for KappAhl."
KappAhl has more than 370 stores in Sweden, Norway, Finland, Poland and the Czech Republi, and designs and sells value-for-money fashion for women aged 30-50 years. During its last financial year the company had sales of nearly SEK5bn (US$752m), with an operating profit of SEK222m.
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