Håkan Westin has stepped down as the chief financial officer of Nordic fashion chain KappAhl.

Claes-Göran Starud has been appointed acting CFO. He has previously held this role at homeware goods company Cervera and the Svanströms Group.

The retailer said it is in the process of recruiting a permanent replacement.

KappAhl, which returned to profit during its first-half, sells value-priced fashion apparel to women aged 30-50 in nearly 400 stores.

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New acting CFO at KappAhl

STOCKHOLM--(BUSINESS WIRE)--Regulatory News:

KappAhl (STO:KAHL):

Current CFO Håkan Westin will leave his position at KappAhl shortly. Claes-Göran Starud has therefore been appointed acting CFO.

Claes-Göran was born in 1958 and has previously been CFO at Cervera and the Svanströms Group. Claes-Göran’s appointment applies during the process of recruiting a permanent replacement.

KappAhl was founded 1953 and is a leading Nordic fashion chain with close to 400 stores and 4 500 co-workers in Sweden, Norway, Finland, Poland and the Czech Republic. KappAhl designs, markets and sells value-for-money fashion and focus in particular on women 30-50 years of age. In 1999, KappAhl was the first fashion chain to receive environmental management standard certification. During the financial year 2011/2012, KappAhl had sales of SEK 4,6 billion. KappAhl shares are listed on the NASDAQ OMX Stockholm. Further information is available at www.kappahl.com

 

Original source: http://www.businesswire.com/news/home/20130529005896/en/acting%C2%A0CFO-KappAhl?utm_source=feedly