SWEDEN: Axfood Announces Exit Of CFO

Axfood has announced the departure of long-term CFO Karin Hygrell-Jonsson, who will leave at the same time as the group’s CEO.

Hygrell-Jonsson, who took charge as CFO in 2007, will leave the company after Axfood’s AGM on 15 March 2017. She will continue to work with Axfood until summer 2017 to complete some assignments. She noted: “After ten years as CFO I feel it is time for me to shift my focus from an operational to more of an advisory role. I currently serve on a few boards and hope to gain more such opportunities.”

Axfood said that company veteran Anders Lexmon will serve as interim CFO, adding that it has begun the process of finding a permanent replacement.