27 march 2015

New Chairman in Royal Design

RoyalDesign.se is the leading e-commerce player in the Nordics within design, furniture and home deco. The company has grown rapidly under profitability since the start 15 years ago, and have recently elected Fredrik Grevelius as new Chairman, thereby strengthening the Board with valuable experience and expertise.

“We started in 1999 and have been profitable since day one. At the same time we have grown rapidly both organically and through acquisitions. We have now reached a size where the Board wants to strengthen the expertise further and where Fredrik Grevelius is an important piece of the puzzle. He has many years of experience as auditor, financial analyst and CEO for a public company and his knowledge will be very valuable going forward.” says Hans Bengtsson, CEO of Royal Design Group Holding AB.

“As a financial analyst and professional investor I have been evaluating many companies within the retail sector and when I was asked about the role as Chairman at Royal Design Group Holding AB the decision was easy. The starting point is a well managed, rapidly growing and profitable company that still, after 15 years, is perfectly relevant. The company combines e-commerce with physical stores in a competitive way and given the attractive customer offering as well as the fantastic growth potential I see a great opportunity to be part of a continously fast growing and profitable company.” says Fredrik Grevelius, new Chairman of Royal Design Group Holding AB.

Fredrik Grevelius was until October 2014 CEO of the publicly listed investment company Öresund. Prior to that he worked as financial analyst at, among others, ABG Sundal Collier, Danske Securities and Carnegie Investment Bank after working as an auditor at Öhrlings Reveko. He currently works with private investments and sits on the boards of Acne Studios Holding, Carnegie Holding, HomeMaid and Nordiska Bostäder

For more information, please contact:

Hans Bengtsson, CEO Royal Design Group Holding AB
e-mail: hans.bengtsson@royaldesign.se
Phone: 0708-20 29 65