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Fasadgruppen announced today in a press release that CFO Casper Tamm has decided to retire and will be succeeded by Magnus Blomberg as interim CFO, effective June 1, 2026. Tamm has been a key figure in the company since before its IPO in 2020, and will remain as an advisor at least through the end of 2026 to ensure a smooth handover. We view this as a natural and orderly transition, and the internal appointment should ensure continuity in the finance function. The management change does not impact our estimates or our long-term view of the company.
Blomberg, who joined Fasadgruppen in April 2023, currently serves as Group Controller and Head of Investor Relations, a role he will continue to hold. During his tenure, he has built extensive knowledge of the business and its financial processes. While the appointment is currently on an interim basis, we believe his background and internal experience make him well-equipped to handle the role, providing the company with stability while it evaluates a permanent solution.