Cramo Group announced that Mr. Leif Gustafsson is resigning as the company's President and CEO to pursue other opportunities. Mr. Gustafsson has held the President and CEO roles since 1st of January 2016. Mr. Martin Holmgren will assume his new position without delay.

He joined Cramo in 2003 and has served on the Cramo executive team since 2009. He has helped lead and execute many of the company's investments and strategy shifts.