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PowerCell Chairman Magnus Jonsson to Step Down at 2026 AGM After Long Tenure

Story Highlights
  • PowerCell’s long-serving chairman Magnus Jonsson will not seek re-election at the 2026 AGM.
  • The Nomination Committee is advancing a structured succession plan to ensure an orderly board transition.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
PowerCell Chairman Magnus Jonsson to Step Down at 2026 AGM After Long Tenure

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PowerCell Sweden AB ( (SE:PCELL) ) has provided an update.

PowerCell Sweden AB announced that long‑serving Chairman of the Board Magnus Jonsson will not stand for re‑election at the company’s 2026 Annual General Meeting, ending a board tenure that began in 2012 and a chairmanship held since 2015. Jonsson will continue in his role until the AGM and support the Nomination Committee, which has been running a structured succession process and says it has made significant progress toward proposing a new chairman and full board slate well ahead of the 2026 meeting, signalling an orderly transition designed to preserve continuity in the company’s governance during a pivotal period for the hydrogen technology sector.

The most recent analyst rating on (SE:PCELL) stock is a Hold with a SEK36.00 price target. To see the full list of analyst forecasts on PowerCell Sweden AB stock, see the SE:PCELL Stock Forecast page.

More about PowerCell Sweden AB

PowerCell Sweden AB is a Gothenburg‑based developer of hydrogen electric solutions, specialising in proprietary fuel cell stacks and systems aimed at enabling emission‑free power. The company serves global markets across aviation, marine, off‑road, on‑road and stationary power generation, and is listed on Nasdaq Stockholm.

YTD Price Performance: -10.21%

Average Trading Volume: 365,521

Technical Sentiment Signal: Sell

Current Market Cap: SEK1.84B

Find detailed analytics on PCELL stock on TipRanks’ Stock Analysis page.

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