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Investor AB Names Tomas Puusepp New Chair of Permobil

Story Highlights
  • Investor AB’s Patricia Industries arm has appointed longtime board member and former Elekta CEO Tomas Puusepp as Permobil’s new chair.
  • Puusepp succeeds Martin Lundstedt, and Investor AB signals governance continuity as Permobil pursues its ongoing growth strategy under a strengthened board.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Investor AB Names Tomas Puusepp New Chair of Permobil

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Investor AB ( ($SE:INVE.A) ) has provided an announcement.

Investor AB’s Patricia Industries unit, which oversees a portfolio of unlisted holdings, announced a leadership change at its portfolio company Permobil, a specialist in advanced mobility and assistive solutions. Veteran board member and former Elekta chief executive Tomas Puusepp has been appointed chair of Permobil’s board, effective June, after nearly a decade on the board.

Puusepp will succeed Martin Lundstedt, who has led Permobil’s board since Investor acquired the company in 2013, a period during which the business has expanded and strengthened its platform. Investor executives highlighted Puusepp’s deep experience and long-standing commitment as important assets for supporting Permobil’s continued growth trajectory, signaling continuity in governance and strategic direction for the company and its stakeholders.

The most recent analyst rating on ($SE:INVE.A) stock is a Buy with a SEK396.00 price target. To see the full list of analyst forecasts on Investor AB stock, see the SE:INVE.A Stock Forecast page.

More about Investor AB

Investor AB, founded by the Wallenberg family in 1916, is a Swedish investment company that builds value by taking substantial ownership stakes and board positions in its portfolio businesses. Its holdings are organized into three business areas: Listed Companies, Patricia Industries and Investments in EQT, with a strategic focus on developing strong and sustainable companies over the long term.

Average Trading Volume: 366,895

Technical Sentiment Signal: Buy

Current Market Cap: SEK1131.3B

Find detailed analytics on INVE.A stock on TipRanks’ Stock Analysis page.

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