CA Group strengthens its organization by looking for a new CEO for CA Fastigheter AB

PRESS RELEASE   Kalmar 03/20/2017

As part of its efforts to strengthen the management team of the CA Group, the management of Claesson & Anderzén AB has decided to appoint a new CEO for CA Fastigheter AB. Johan Damne, who held the position for 17 years, will now continue to serve as CEO as well as Group Chief Executive of Claesson & Anderzén AB, a position he has held in parallel.
Claesson & Anderzén AB with subsidiaries, founded in 1912, is a family-owned investment company. Its operations are divided into real estate activities, CA Fastigheter AB, and investment activities through CA Investment AB, with full or partly owned companies, listed and unlisted, in various industries. A strengthening of the management function will provide an opportunity to develop the Group’s business further.
The efforts to recruit a CEO for CA Fastigheter AB will commence in connection with this press release. Until a new CEO of CA Fastigheter AB takes up the post, Johan Damne will continue in the role as before.

CA Fastigheter AB with subsidiaries is a real estate company currently operating in Sweden, Germany, Estonia, and Russia. The real estate portfolio covers about 660,000 sq. m., consisting of both residential and commercial space. In addition, CA Fastigheter AB runs an extensive real estate development business. At the year end, the Group’s property portfolio was valued at 11 billion SEK.

After many years as President of both Claesson & Anderzén AB and CA Fastigheter AB, the activities for the whole Group have become extensive, and Johan Damne has had to focus on the role of CEO for the whole CA Group. Responsibility for the real estate business, however, will continue to remain mainly with Johan Damne, as he will become the next Chairman of the Board of CA Fastigheter AB. I would like to thank Johan for his outstanding performance as CEO of CA Fastigheter AB, and I am looking forward to his continued leadership of the development of the CA Group,” says Johan Claesson, President of Claesson & Anderzén AB.

Of course it feels special to hand over an operational job in the real estate business that I have held and dedicated myself to for so long. But the timing feels absolutely right. Both our property portfolio and our property development projects have become more extensive, which is why we need to bring in resources and new ideas that will benefit our fantastic employees and, thus, the company. At the same time, as the Group’s Chief Executive, I will continue to work with CA Fastigheter AB and its strategic issues,” says Johan Damne in a statement.

For more information, please contact:
Johan Claesson, President of Claesson & Anderzén AB, + 46 705471636, or
Johan Damne, CEO of Claesson & Anderzén AB, + 46 705860330