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New hire announced: Erik Jivmark takes on CEO role at Sleep Cycle AB (publ)

Erik Jivmark assumes the role as new CEO at Sleep Cycle AB (publ)

New CEO appointed: Erik Jivmark takes the helm at Sleep Cycle AB (publ)
New CEO appointed: Erik Jivmark takes the helm at Sleep Cycle AB (publ)

New hire announced: Erik Jivmark takes on CEO role at Sleep Cycle AB (publ)

In a significant move for Sleep Cycle AB (publ), the leading sleep tracking application worldwide, Erik Jivmark has been appointed as the company's new CEO, effective from 1 November 2023. Jivmark, who currently serves as CEO of Volvo Car Mobility AB, will succeed Carl Johan Hederoth, who will step down as CEO on the same date but will remain in his position until 30 September 2023.

Per Andersson will act as the interim CEO from 1 October 2023 to 31 October 2023, ensuring a smooth transition.

Anne Broeng, Chairperson of the Sleep Cycle board, expressed her confidence in Jivmark, stating that he is the right person to drive new growth and consolidate the company's leadership position in the extensive market. Jivmark's extensive international experience from leading positions within digital products and services, as well as his background from Accenture focusing on digital and commercial transformation, make him well-suited for the role.

Sleep Cycle, which has over two billion nights analyzed in more than 150 countries, has a strong position in the market. The company, headquartered in Gothenburg, Sweden, is listed on Nasdaq Stockholm under the ticker SLEEP. Its mission is to improve global health by empowering people to sleep better.

Jivmark, who holds an M.Sc. in Business Economics from Lund University, has expressed his excitement about the potential and opportunities to further develop the Sleep Cycle organization and product.

Anne Broeng also thanked Carl Johan Hederoth for his contributions over the past five years as CEO of Sleep Cycle. During his tenure, Hederoth successfully transitioned the company from a small start-up to a listed company and achieved the public listing on Nasdaq Stockholm.

The information provided is obligatory under the EU Market Abuse Regulation. For more comprehensive details about Jivmark's background and previous roles, further research or access to additional sources would be necessary. However, his educational background and current position suggest that he has a strong foundation in business management and leadership.

[1] For more detailed information about Erik Jivmark's background and previous roles, further research or access to additional sources would be necessary.

Erik Jivmark's extensive background in digital products and services and his experience in digital and commercial transformation, as demonstrated by his role at Volvo Car Mobility AB and education at Lund University, position him well to drive new growth and consolidate Sleep Cycle's leadership in the global market.

Having over two billion nights analyzed in more than 150 countries, Sleep Cycle, with its mission to improve global health by empowering people to sleep better, can potentially benefit from the technological advancements that Jivmark may bring to the organization.

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