ICA Gruppen AB: Sven Lindskog New CFO of ICA Gruppen

Press Release

ICA Gruppen AB (STO:ICA):

Sven Lindskog has been appointed as the new CFO and at the same time Anders Svensson, CEO of ICA Sweden, has been appointed as Deputy CEO of ICA Gruppen. Sven Lindskog will take up his new position in September 2014 at the latest.

Per Strömberg, CEO of ICA Gruppen, comments: "We were looking for someone with experience of both the retail sector and working in a listed company. Sven has experience from both these areas and he has a personality which makes him a perfect fit at ICA.”

Sven Lindskog is 50 and was most recently at Höganäs AB as CFO. Previously Sven has been CFO of Sardus AB and has worked in several different roles within Unilever in Sweden and abroad, including Finance Director of Unilever Nordic. Sven has a B.Sc. (Econ.) from Lund University.

"ICA is an extremely exciting and entrepreneurial company which I have followed closely for much of my career. After six highly interesting years in the international steel industry, I am now very much looking forward to returning to retail and I am really happy to have this opportunity to work with one of the strongest brands in the market,” says Sven Lindskog.

ICA Gruppen discloses the information provided herein pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 08:30 CET on March 4, 2014.

ICA Gruppen AB (publ) is one of the Nordic region’s leading retail companies, with around 2,400 of its own and retailer-owned stores in Sweden, Norway, Estonia, Latvia and Lithuania. The Group includes the retail companies ICA Sweden, ICA Norway and Rimi Baltic, ICA Real Estate, which owns and manages properties and ICA Bank, which offers financial services to Swedish customers. The Group also includes the wholly owned portfolio companies Forma Publishing Group and inkClub and partly owned portfolio companies Cervera, Hemtex and Kjell & Company. For more information see www.icagruppen.se

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