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Compotech’s CEO steps down after 16 years, succeeded by Michael Ullskog from RECAB

Things continue to progress at the Stockholm, Sweden, based company Compotech Provider AB. Just the other day they announced a new sales organisation in the Benelux region. Now Jan Eriksson, the CEO since 2001, has decided to step down and hand over his position to Michael Ullskog, recruited from the same position at Compotech’s sister company RECAB.

Jan Eriksson says:
– I’ve worked in this corporate group since 1984 and feel it’s time for a change, to bring new energy to Compotech’s leadership. I want to quit while I’m ahead and be able to be involved in selecting my successor. And this is not an announcement of my retirement, I will remain on the board of Compotech as well as continue to work with various projects for Compotech and other Addtech companies. All the while giving my full support to Michael while he gets the hang of his new position.

After 16 years as CEO, Jan Eriksson can look back at how the business of technology trading has changed.
– There used to be much bigger volumes for components, but that changed with increased globalization. We must constantly adapt and find new ways forward. We have done this by offering specialist expertise in customization and system solutions, gaining our customers trust by creating added value for them. We also have a very low staff turnover and long-term relationships with both customers and suppliers.

The successor Michael Ullskog has a solid background in the technology sector, working among others for Motorola and Data Respons Sverige, which he helped establish in 2000. 2008 Michael became sales manager and co-owner of RECAB Embedded Computers AB, where he became CEO in 2014. The company specialises in embedded computers for demanding applications such as the defense, shipping and transport industries. RECAB became a part of Addtech two years ago.

Compotech began its recruitment process last summer and quickly gained interest for Michael Ullskog, who turned out to be ready for a new challenge.

- I’v been impressed for a long time by how Compotech operate through a combination of expertise, a positive organizational culture, and good profitability. Both I and Jan Eriksson are business-driven, we are not administrators at heart. And to do good business, you must develop a strong organizational culture. The important parts are already in place at Compotech, I can focus on developing and making good business. The idea is that we will become even clearer with our solution offering and the added value they provide our customers. I'm not going into this position with a completely new vision, but I’m bringing with me some new ideas and will develop the pulse at Compotech, says Michael Ullskog.

Michael Ullskog became CEO of Compotech January 16th 2017.

For more information, please contact:

Michael Ullskog
CEO, Compotech Provider AB
+46 70 603 75 74
E-post: Michael.ullskog@compotech.se

Jan Eriksson
Business Development Director
08-441 58 01
E-post: jan.eriksson@compotech.se

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We have taken on the most daunting challenges faced by the Nordic manufacturing sector for more than 25 years. Regardless of whether we are delivering components directly from our warehouse or involved in product development work, our vision has always been to provide more than anyone would ever expect.

That approach has given us a network of world leading manufacturers and suppliers. In addition, we´re a part of the Swedish technology trading group Addtech, that has more than 120 subsidiaries with a combined sales of approximately SEK 6.5 billion. Addtech is listed on the OMX Stockholm Mid Cap.

Read more about Compotech at en.compotech.se

The Parts of Your Innovations.

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Lena Reftberger

Lena Reftberger

Presskontakt Marketing Project Manager 08-441 58 15

Vi skapar möjligheter för våra kunder att skapa världsledande produkter inom allt från ventilation till medicintekniska instrument, med hjälp av våra motorer, komponenter och magnetiska material.

Compotech säljer elektromekanik såsom motorer, komponenter för elektrifiering, HMI-produkter, produkter för smart belysning och & akustiska komponenter. Vi utvecklar dessutom kompletta elektroniska och elektromekaniska system och delsystem baserade på teknologier inom våra expertisområden. Detta gör att vi kan erbjuda allt från en standardkomponent till en komplett produkt eller system med helhetsåtagande – och allt däremellan.

Vi ingår i den börsnoterade teknikhandelskoncernen Addtech som består av fler än 130 självständiga bolag som säljer högteknologiska produkter i ca 20 länder. Koncernen har totalt cirka 4000 anställda och en omsättning på mer än 14 miljarder SEK.

Compotech Provider AB
Gustavslundsvägen 145
167 51 Bromma
Sweden
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