04/18/2005

New CFO in Coor Service Management

Press release April 18, 2005

Coor Service Management (formerly Skanska FM) is taking on Lars Schedin as its new CFO.

Lars Schedin is commencing work as CFO on June 1, 2005. His most recent post is Vice President, Group Controller at Electrolux, where he has been working on business administration.

"We are very happy that Lars is joining our team. We are currently in a phase of expansion, our objective being growth of at least 10 per cent per annum. In this situation the role of CFO is crucial, and Lars will be an important player for us," says Mats Jönsson, President and CEO of Coor Service Management.

Coor Service Management has operations throughout the Nordic countries, and Lars Schedin will have overall responsibility for all countries.

Coor Service Management used to be part of Skanska, and was acquired by the international venture-capital company 3i in December 2004.

For further information please contact:

Mats Jönsson, President and CEO  Tel.: +46 (0)8-553 95 950
Åsvor Brynnel, Communication Manager Tel.: +46 (0)70-600 73 21

Coor Service Management är ledande inom utveckling och effektivisering av servicefunktioner samt att ta hand om outsourcing av sina kunders stödfunktioner. I vår verksamhet finns en bredd av olika serviceyrken samlade, t ex receptionister, telefonister, säkerhetsexperter, lokalvårdare, kockar, personer som utvecklar servicetjänsterna - och många andra. Gemensamt för alla är att ta hand om kompletta serviceleveranser.