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Former CEO Per Bertland Proposed as New Chair of Beijer Ref

Story Highlights
  • Beijer Ref’s Nomination Committee has proposed former CEO Per Bertland as Chair, succeeding Kate Swann after the upcoming AGM.
  • The leadership change follows a period of strong growth and US expansion, with Bertland expected to ensure strategic continuity and sustained development for Beijer Ref.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Former CEO Per Bertland Proposed as New Chair of Beijer Ref

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An announcement from Beijer Ref AB Class B ( ($SE:BEIJ.B) ) is now available.

Beijer Ref’s Nomination Committee has proposed former chief executive Per Bertland as the new Chair of the Board, following current Chair Kate Swann’s decision not to stand for re-election at the upcoming Annual General Meeting. Swann, who joined the board in 2021, oversaw a period of strong financial performance and strategic transformation, including the key acquisition-led expansion into the US through Heritage Distribution Holdings, and will remain in her role until the AGM to secure an orderly transition. Bertland, who previously led Beijer Ref through a long phase of international expansion and profitable growth and has extensive board experience at other listed and private companies, is viewed by the Nomination Committee as well equipped to steer the group through its next development phase, reinforcing continuity in strategy and governance for shareholders and other stakeholders.

The most recent analyst rating on ($SE:BEIJ.B) stock is a Hold with a SEK151.00 price target. To see the full list of analyst forecasts on Beijer Ref AB Class B stock, see the SE:BEIJ.B Stock Forecast page.

More about Beijer Ref AB Class B

Beijer Ref AB is a technology-oriented trading group and one of the world’s largest wholesalers of refrigeration, air conditioning and heat pump solutions, providing value-added products and competitive climate-control solutions. The company operates in 45 countries across Europe, North America, Africa, Asia and Oceania, serving a broad customer base in the refrigeration and climate control markets.

Average Trading Volume: 631,450

Technical Sentiment Signal: Hold

Current Market Cap: SEK69.16B

See more insights into BEIJ.B stock on TipRanks’ Stock Analysis page.

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