The Board of Directors of Raketech Group Holding PLC and Oskar Mühlbach have jointly agreed that Mühlbach will leave his role as CEO, due to different views on the strategic direction of the company. Co-founder and former Board member Johan Svensson will take on the role as Acting CEO until a new permanent CEO has been appointed. Johan Svensson is one of the founders of Raketech.

He stepped down from the Board in October 2023 to focus solely on his role as Chief Commercial Officer for the group. Johan was the CEO of Raketech Group Holding PLC until 2017 and has since then worked as Chief Commercial Officer and with M&A and business integrations. Johan Svensson assumes the position of Acting CEO with immediate effect.

Oskar Mühlbach leaves the company after being in the position since December 2019.