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Formpipe: New CEO announced - ABG

Magnus Svenningson will take the helm on 1 Aug
Software experience: both from public and private sector
We expect focus to remain on Private


New CEO appointed...

Formpipe has announced its new CEO, Magnus Svenningson, who will replace Christian Sundin after 16 years at the helm. Mr. Svenningson has experience from the software industry; both from the private and the public sector. Given Formpipe's current structure, where Private accounts for 38% of r12m sales while the corresponding metric for Public is 62%, we assess that his experience seems well-suited.
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