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Intrum Announces Leadership Change Following Successful Recapitalization

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Intrum Announces Leadership Change Following Successful Recapitalization

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Intrum Justitia AB ( (SE:INTRUM) ) has shared an update.

Intrum announced the successful completion of its recapitalization and the subsequent leadership transition, with Johan Åkerblom taking over as President and CEO from Andrés Rubio. Rubio, who played a pivotal role in transforming the company by improving servicing margins and launching a capital light strategy, steps down after positioning Intrum for future success. Åkerblom, previously Intrum’s CFO, brings extensive experience from his previous roles, including CEO of Citadele Bank, and is expected to continue the company’s strategic transformation.

The most recent analyst rating on (SE:INTRUM) stock is a Hold with a SEK51.00 price target. To see the full list of analyst forecasts on Intrum Justitia AB stock, see the SE:INTRUM Stock Forecast page.

More about Intrum Justitia AB

Intrum is Europe’s leading provider of credit management services, operating in 20 markets. The company supports millions of individuals in achieving financial recovery while helping businesses to get paid. With around 9,500 employees serving 70,000 companies, Intrum combines technology, empathy, and a human-centered approach to enable sustainable payments. Headquartered in Stockholm, Sweden, Intrum is publicly listed on Nasdaq Stockholm.

YTD Price Performance: 133.43%

Average Trading Volume: 959,398

Technical Sentiment Signal: Hold

Current Market Cap: SEK7.73B

For an in-depth examination of INTRUM stock, go to TipRanks’ Overview page.

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