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CTEK AB Proposes New Chairman Amid Leadership Changes

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CTEK AB Proposes New Chairman Amid Leadership Changes

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The latest update is out from CTEK AB ( (SE:CTEK) ).

CTEK AB’s Nomination Committee has proposed Andreas Örje Wellstam as the new Chairman of the Board, succeeding Johan Menckel, who will become CEO of LKAB. Wellstam, who will join Investment AB Latour as Chief Investment Officer, previously led Swegon to prominence in the indoor climate products sector. This leadership change could impact CTEK’s strategic direction and stakeholder interests.

The most recent analyst rating on (SE:CTEK) stock is a Hold with a SEK13.00 price target. To see the full list of analyst forecasts on CTEK AB stock, see the SE:CTEK Stock Forecast page.

More about CTEK AB

YTD Price Performance: -7.34%

Average Trading Volume: 130,083

Technical Sentiment Signal: Sell

Current Market Cap: SEK901.3M

For a thorough assessment of CTEK stock, go to TipRanks’ Stock Analysis page.

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