Paradox Interactive AB announced that it will elect Ebba Ljungerud as new CEO for the company starting in August 2018. Ebba has been a member of the Board of Paradox Interactive for 4 years and is the current Chief Commercial Officer at Kindred Group. Starting in August, current CEO Fredrik Wester will assume a new role as Executive Chairman of the Board and will continue to work full-time with Paradox.

The Current Chairman of the Board, Håkan Sjunnesson, will assume the post as deputy Chairman upon Westers new appointment. Ebba Ljungerud has been involved in the expansive phases of several companies and has a proven background in leading companies with international operations and high complexity. She has also been responsible for guiding a number of different business areas with large personnel teams to profitability, and has also built several strong management teams. Ebba currently works as Chief Commercial Officer at Kindred Group in London.

These new appointments are made to better capitalize on Paradoxs growth opportunities while also significantly strengthening the support given to existing operations. The decision to appoint Fredrik Wester as Chairman of the Board will formally be made during the Annual General Meeting in May. However, all major shareholders are in agreement of the proposed changes.

Wester continued, Ebba will be responsible for all of its existing operations in her role as CEO, while focusing on better capitalizing on Paradoxs growth opportunities.