24.06.2015 08:10:00

Loomis AB: President and CEO Jarl Dahlfors leaves Loomis

Regulatory News:

Jarl Dahlfors, President and CEO of Loomis AB (STO:LOOMB), has chosen to leave his position at Loomis. The recruitment process to appoint a new CEO has begun. Jarl Dahlfors remains in his position until the end of the year at the latest.

Jarl Dahlfors was employed by Loomis in 2007 as CFO. During the years 2009-2013, Jarl was the Regional President of Loomis operations in the USA. In September 2013, he was appointed President and CEO.

"Jarl has been a key person as CFO, as Regional President USA and as President in the work to develop Loomis to the leading, stable and profitable cash handling company as it is today. He has meritoriously contributed to the good performance of the Group. I thank him for the eight years in the Group when he is now leaving for a new challenge”, says Alf Göransson, Chairman of Loomis AB.

June 24, 2015

Loomis offers secure and effective comprehensive solutions for the distribution, handling, storage and recycling of cash and other valuables. Loomis’ customers are banks, retailers and other companies. Loomis operates through an international network of around 400 branches in more than 20 countries. Loomis employs around 21,000 people and had revenue in 2014 of SEK 13.5 billion. Loomis is listed on NASDAQ OMX Stockholm Large-Cap list.

Loomis AB discloses the information provided herein pursuant to the Swedish Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 8.00am CEST on June 24th, 2015.

This information was brought to you by Cision http://news.cision.com

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