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Thursday, 15 February 2018

Changes in Velcora Group Management


Published: 08:30 CET 15-02-2018 /GlobeNewswire /Source: Velcora Holding AB / : VELCO /ISIN: SE0007279724

Changes in Velcora Group Management


PRESS RELEASE, February 15, 2018


Changes in Velcora Group Management


Harald Rach has been appointed new interim Head of Operations for the Velcora Group. He replaces Torbjörn Edin who has chosen to leave the Group after many years of service. Harald Rach, born 1951, has an extensive career within Operations and Change Management. Throughout his career, Rach has held management positions within large global corporations like the water technology solution provider Xylem as well as the industrial technology provider ABB. He has also held positions as Senior Management Consultant at Booz Allen Hamilton as well as PwC.


The Company will now begin the search for a permanent Head of Operations.


Comments from CEO Peter Schmid

I would like to thank Torbjörn Edin for his great contribution to the Group during his 16 years together with us. In addition to heading the total group operations, Torbjörn has also been responsible for and on site managed the establishment of Roplan Ningbo in China. The establishment was a significant landmark in developing Roplan into a truly global sealing solution provider. I wish Torbjörn all the best in his future engagements.



For further information, please contact:

Peter Schmid, +46 70 373 81 43

Jonatan Forsberg, +46 708 78 43 33



This information is information that Velcora Holding AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 08.30 CET on 15 February, 2018.

Changes in Velcora Group Management

This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of Nasdaq Corporate Solutions clients. Source: Velcora Holding AB, Box 120, Tumba 147 22, Sweden
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