Mikael Fryklund appointed new President and CEO for HEXPOL AB

The Board of Directors of HEXPOL AB (publ.) has appointed Mikael Fryklund to President and CEO of HEXPOL AB (publ.). The Nomination Committee of HEXPOL AB (publ.) will, as earlier announced, propose Georg Brunstam, present President and CEO of HEXPOL AB, to become new Chairman of the Board in HEXPOL AB to the Annual General Meeting on April 28, 2017.

Mikael Fryklund is at present, and since 2012, Business Area President within Trelleborg AB and part of the Group Management. Prior to the present position Mikael Fryklund has experience from other management positions within the Trelleborg Group (since 2002) and the Bosch Group. Mikael Fryklund, born in 1963, holds a M.Sc. Eng., and also a B. Sc. in Business Administration.

”With the recruitment of Mikael Fryklund HEXPOL will have a CEO with broad international experience from the rubber and plastic industry. Mikael has since 2012 successfully developed Trelleborg Industrial Solutions with strengthened global positions, organically as well as through acquisitions. I am confident that Mikael with his industry and acquisition experience will continue to develop HEXPOL positively.” 

         Georg Brunstam, President and CEO HEXPOL

Mikael Fryklund assumes the position as President and CEO preliminary on July 1, 2017.

New President and CEO for HEXPOL

HEXPOL is a world-leading polymers group with strong global positions in advanced polymer compounds (Compounding), gaskets for plate heat exchangers (Gaskets), and plastic and rubber materials for truck and castor wheel applications (Wheels). Customers are primarily systems suppliers to the global automotive and engineering industry, construction industry, the energy, oil and gas sector, medical equipment manufacturers and OEM manufacturers of plate heat exchangers and forklifts. The Group is organised in two business areas, HEXPOL Compounding and HEXPOL Engineered Products. The HEXPOL Group’s sales in 2016 amounted to 10,879 MSEK. The HEXPOL Group has approximately 4,100 employees in eleven countries. Further information is available at www.hexpol.com.

This press release consists of such information that HEXPOL AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08:30 a.m. CET on March 17, 2017. This press release has been prepared both in Swedish and English. In case of any divergence in the content of the two versions, the Swedish version shall have precedence.

For more information, please contact:

Georg Brunstam, President and CEO
Tel: +46 (0) 40 25 46 61