Former Axfood CEO Klas Balkow is joining Axel Johnson’s Board of Directors following his election at the Annual General Meeting. With a solid background in retail and the food industry, including many years as CEO of Axfood, Klas Balkow will be a strong addition to the board.
The year 2024 can be summed up as a year of stable results in challenging markets. Sales amounted to SEK 144 (126.7) million and profitAX* to SEK 4.1 (4.4) billion. Our two largest group companies, Axfood and Axel Johnson International, managed to maintain their profit levels from their all-time high results of 2023.
The board of Axel Johnson has decided that Caroline Berg will continue as permanent CEO of the company after having served as interim CEO since November 2024. At the same time, Marie Ehrling, who has been vice chair of the board since 2015, will take over the role of chair of the board.
Axel Johnson announced today that Thomas Ekman and the board have agreed that Thomas will step down from his position as CEO of the company. Board Chair, Caroline Berg, will take on the role of interim CEO starting today, while a recruitment process to find a new CEO begins. Thomas Ekman will remain with the company until December 31, 2024, to ensure a smooth transition.
Hanna Graflund Sleyman, previously CEO for Kicks Group, among other positions, has been appointed Executive Vice President for Emerging Technology at Axel Johnson, with the task to further strengthen the capabilities and development of emerging technologies within the group.
Axel Johnson extends its partnership with The Global Village/Järvaveckan until 2026. This year's Järvaveckan takes place from May 29 to June 1, and Axel Johnson is participating alongside companies from the group and partners from civil society.
Axel Johnson AB, through its wholly owned subsidiary AxMedia AB ("Axel Johnson"), has acquired 6.7 million shares in Dustin Group AB at an average price of SEK 13.50. This means that Axel Johnson's ownership now exceeds 50 percent, amounting to 50.1 percent. The increase is motivated by a strong belief in Dustin's position and future prospects, and Axel Johnson's ambition to support Dustin's conti
Niclas Palmstierna has been appointed as the new CEO of Novax, effective June, with the task of building future pillars for Axel Johnson. Niclas Palmstierna has a background that includes roles such as CEO of Tele2 Sweden and the dental care company Oral Care.
The year 2023 can be summarized as yet another strong year for Axel Johnson. Revenue amounted to SEK 126.5 (118.2) billion and profitAX* to SEK 4.4 (4.4) billion. Over the past ten years, the Group’s revenue and profit have doubled, and the goal is for a repeat performance during the next decade.
Pernilla Oldmark joins as EVP People and Culture at Axel Johnson in mid-March, with the task of continuing to ensure that the group's companies are leading in talent development and are a strong force for increased diversity and inclusion in Swedish business industry.
Axel Johnson's central business area for diversity and inclusion, Axelerate, begins the year by entering two new partnerships. One with the non-profit organization Beredskapslyftet and one with F1RST. Both of these partnerships are aimed at harnessing the power of business through various initiatives to promote inclusion and utilize human ambition and capability.
Thomas Ekman takes up his role as CEO of Axel Johnson today, a transition that was announced in October 2022. Thomas most recently served as the CEO of Dustin Group, succeeding Mia Brunell Livfors, who has been CEO of Axel Johnson since 2015.