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Kristoffer Väliharju will retire as CEO of CDON
Kristoffer Väliharju, CEO for CDON, has announced to the board that he resigns as CEO. He will continue in his current role for a transitional period.
Kristoffer Väliharju joined CDON in June 2017 as Chief Operating Officer. He was appointed CEO in September 2018. As CEO, Kristoffer Väliharju was responsible for CDON's transformation from a vertical e-commerce company with its own inventory to the Nordic region's leading marketplace.
- Kristoffer has successfully led the transformation of CDON to the Nordic leading marketplace and we look forward to continue his work. I would like to thank Kristoffer for his work and wish him the best for future, says Josephine Salenstedt, Chairman of the Board of CDON.
- My assignment to transform CDON from a traditional e-commerce business to a profitable marketplace and to take the company through the listing process have now been completed. CDON has a great platform to build from and an exciting journey ahead, says Kristoffer Väliharju, CEO for CDON.
The work of appointing a successor to Kristoffer Väliharju has begun.
For more information:
Investor Relations Manager
E-mail: [email protected]
FNCA Sweden AB is the company's Certified Adviser.
Phone: +46 (0) 8 528 00 399
E-mail: [email protected]
CDON was founded in 1999 and is now the biggest marketplace in the Nordic region. During 2020 we had over 120 million visits and 2.3 million customers. Customers can choose to buy and compare prices for millions of products at CDON, by far the widest range of all Nordic e-retailers. Over 1,500 merchants use CDON's platform and technology to increase their sales. This gives CDON a wide range of products within, movie, music, computers, games, office supplies, books, toys, consumer electronics, household appliances, sport, outdoor, beauty care, fashion, shoes, computers, and computer products. CDON is listed on Nasdaq First North Growth Market with the abbreviation CDON.
CDON AB (publ) ("CDON" or "the company") intensifies its work on ensuring profitability and the ambition to become the leading marketplace in the Nordic region. The company will implement a restructuring program that - including efforts already under way during 2022 - is estimated to decrease costs by 60-65 MSEK on a yearly basis. The program is a response to signs of a weaker economy and is aiming at ensuring at least breakeven EBITDA in 2023, in line with the company's financial directives and targets that had been communicated earlier.
The Board of Directors of CDON AB (publ) ("CDON" or "the company") has today mutually agreed with Peter Kjellberg that he will leave his position as the CEO (Chief Executive Officer) of the company on 1 January 2023. Peter will remain in a consultancy role until 1 February 2023 to finalize the re-branding of CDON (CDON 2.0). The Board has decided to appoint Thomas Pehrsson, currently CFO, as the acting CEO of CDON effective from 1 January 2023. The recruitment process to find a new permanent CEO will commence immediately.
"Swedes will smell lovely this Christmas!" - Perfume is the gift most likely to be found under your Christmas tree in 2022
CDON, the leading marketplace in the Nordics, has analyzed customer data for 2022 and can now announce the Christmas gift of the year - the perfume.
"Svenskarna kommer dofta ljuvligt denna jul!" - Parfym är den klapp som hittas under flest julgranar 2022
CDON, Nordens ledande marknadsplats, har undersökt kunddata för 2022 och kan nu meddela vad som väntas bli årets julklapp - parfymen.
At the Extraordinary General Meeting ("the EGM") in CDON AB ("CDON" or "the company") held on 25 October 2022, which was conducted solely through postal voting pursuant to temporary legislation, the following resolutions were made. All resolutions were in accordance with the submitted proposals, described in detail in the EGM documents available on the company's website, investors.cdon.com (under the heading "EGM Oct 2022" in the section "Corporate Governance").
CDON Marketplace continues to take market share
CDON AB (publ) ("CDON") announces financial directives and targets to facilitate investors' understanding of CDON's marketplace business.
CDON's Nomination Committee (Sw. valberedningen) ahead of the Annual General Meeting 2023 has been appointed in accordance with the current instructions for the Nomination Committee adopted by the Annual General Meeting 2021.
The shareholders of CDON AB, Reg. No. 556406-1702 ("CDON" or the "company"), are hereby summoned to an Extraordinary General Meeting on Tuesday, 25 October 2022.