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Rusta AB Appoints Cathrine Wigzell as New CEO to Drive Growth

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Rusta AB Appoints Cathrine Wigzell as New CEO to Drive Growth

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Rusta AB ( (SE:RUSTA) ) has issued an announcement.

Rusta AB has announced the appointment of Cathrine Wigzell as its new CEO, effective June 2026, succeeding Göran Westerberg. Wigzell brings extensive international retail leadership experience, having previously led market expansion and strategy development at H&M Beauty. Her appointment is expected to drive Rusta’s growth and strengthen its position in the low-price market, offering more inspiring products and experiences while creating sustainable value for shareholders.

The most recent analyst rating on (SE:RUSTA) stock is a Hold with a SEK75.00 price target. To see the full list of analyst forecasts on Rusta AB stock, see the SE:RUSTA Stock Forecast page.

More about Rusta AB

Rusta is a leading retailer in the Nordic low-price market, operating over 230 stores across Sweden, Norway, Finland, and Germany. The company offers a wide range of home and leisure products, emphasizing good quality at low prices. Rusta also operates an online sales channel and is headquartered in Upplands Väsby, Sweden, with its shares traded on Nasdaq Stockholm.

Average Trading Volume: 378,637

Technical Sentiment Signal: Hold

Current Market Cap: SEK10.89B

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

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