The principal owners of AB Industrivärden have announced that they do not find it suitable for Anders Nyrén to lead the board work of Industrivärden and have therefore withdrawn their previous recommendation to the Nominating Committee. The Nominating Committee has presented a revised recommendation for the board of directors. Against this background and in view of the fact that a new, acting President and CEO has already been recruited, the board of directors of Industrivärden has decided, effective May 6, 2015, to relieve Anders Nyrén from his CEO assignment and to terminate his employment with Industrivärden.

The termination is being conducted in accordance with his employment contract, which entails, among other things, that Anders Nyrén will receive severance pay for two years and will be at the company's disposal. The board members Boel Flodgren, Stuart Graham and Anders Nyrén did not participate in the decision.