Press release -
Thomas Ekman steps down as CEO of Axel Johnson
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.
Caroline Berg, Board Chair of Axel Johnson:
“I want to thank Thomas for his significant contributions and dedication during his time as CEO and for all his years with the group. Together with the management team, Thomas has set out the direction for the group for the coming phase of our development. We wish Thomas all the best for the future, and we know we will continue to stay in contact.”
Thomas Ekman:
“It has been a very exciting and intense period at Axel Johnson. I am proud of the progress we have made, and it has been a pleasure to work alongside all my colleagues and the companies within the group. I likewise wish Axel Johnson and all my colleagues the very best for the future.”
Thomas Ekman will remain as Board Chair of Dustin until the upcoming annual general meeting on December 12, 2024, and as Board Chair of Axfood until the annual general meeting on March 19, 2025. Thomas Ekman has declined re-election at these annual general meetings.
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Axel Johnson is a leading family business in rapid renewal, focusing on the group's 10/50/50 target. The group companies currently consist of wholly-owned Axel Johnson International, AxSol, Martin & Servera, and Novax, as well as the partially owned publicly listed Axfood (ownership stake 50.1%) and Dustin (ownership stake 50.1%). In 2023, Axel Johnson's net turnover amounted to approximately 127 billion Swedish kronor, and the group companies collectively employ around 25,000 people. Axel Johnson is a family business run by the fifth generation and is owned by Antonia Ax:son Johnson and her family. Axel Johnson is one of four independent groups within the Axel Johnson Group, alongside the real estate company Axfast, the American Axel Johnson Inc., and the management company AltoCumulus.
