English

Transcom appoints Pär Christiansen as CFO, and moves Group Finance organization to Stockholm

Transcom today announced that it has appointed Pär Christiansen as its Chief Financial Officer (CFO). Since 2011, Mr Christiansen serves as CFO of MTR Stockholm, the MTR company that operates the Stockholm underground system.  The MTR Corporation is listed on the Hong Kong Stock Exchange. Prior to this role, Mr Christiansen held a number of senior management positions at SAS Group, the Scandinavian airline carrier, most recently as Vice President Group Business & Financial Control at SAS Operations. He also has management consulting experience from Establish Inc, and has managed a number of turnaround and efficiency improvement programs. Pär Christiansen holds a Master of Science Degree in Mechanical Engineering from the Lund Institute of Technology, as well as a Bachelor’s Degree in Economics and Business Administration from the University of Lund.

Pär Christiansen will take up his position as CFO of Transcom no later than September 1, 2013. In the interim, Per Killiner will serve as acting CFO.

During 2012, Transcom established a Management office in Stockholm, where some key Group functions are consolidated in order to increase management efficiency and strengthen control. In this context, the Group Finance organization will be moved from Luxembourg to Stockholm. In addition, the regional accounting and finance responsibilities currently performed by our staff in Luxembourg will be transferred to each respective region in order to integrate more closely with regional management teams. This transition will be a gradual one, with the objective of completing the move during the second half of 2013.

“I am delighted to announce the appointment of Pär Christiansen as our new CFO. He will make a strong addition to our leadership team, bringing with him a proven track record of accomplishment as a business and finance leader”, commented Johan Eriksson, Transcom’s President and CEO.

For further information, please contact:

Johan Eriksson, President and CEO
Telephone +46 70 776 80 22

Stefan Pettersson, Head of Group Communications
Telephone +46 70 776 80 88