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Changes in Transcom’s Group Management team

Stockholm, 17 May 2016

Transcom today announced that its Chief Operating Officer, Pär Christiansen, will leave the company.

The operations function is critical to Transcom’s success. It has responsibility for ensuring that the company’s global business operations are efficient and effective and that resources are optimized. This is a new function, set up in 2015 in order to ensure alignment between Operations and IT with the objective of realizing economies of scale. The new organization is now established and it requires new leadership.

“We see a lot of positive momentum in the operations area, and the opportunities for improving profitability are clearly there. In order to ensure consistent execution and to realize the full potential, we need to change the leadership of the function. Until a permanent solution is in place, I will assume responsibility for the operations area”, said Johan Eriksson, President & CEO of Transcom.

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Transcom WorldWide AB (publ) discloses the information provided herein pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication on 17 May 2016 at 5:15 PM CET.

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