Lennart Bernard New CFO of IBS

IBS has appointed Lennart Bernard as the new CFO of IBS AB (STO:IBS). Lennart Bernard was formerly employed as CFO of Scribona and Eniro and will assume the position at IBS on December 1, 2007.

Lennart Bernard is 57 years old and has experience from specialist roles and positions within corporate management in such companies as Esselte, Cap Gemini, Scribona and Eniro.

"The recruitment of a new CFO is an important strengthening of IBS's corporate management. With his solid experience from international companies within industry, distribution and IT, Lennart Bernard will play a key part in the restructuring work currently in progress," says Erik Heilborn, President and CEO of IBS AB.

"I look forward to participating in the development of IBS toward further specialization and internationalization. The company has a solid platform upon which it can continue to build, with an extensive customer base and a strong offering within distribution and supply chain management," says Lennart Bernard, incoming CFO of IBS AB.

Lennart Bernard is a graduate of the Stockholm School of Economics.

IBS AB (STO:IBS) is a leading provider of business systems for supply chain management, demand-driven manufacturing, customer administration and financial control. IBS's primary focus is large and mid-sized distributors as well as sales and manufacturing companies in international groups. IBS offers industry solutions in such areas as pharmaceutical distribution, the automotive industry, electronics, paper, publishing and a number of local niches. For further information, visit www.ibs.net

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