Home / Knowledge / News / Apparel/Garments / Change of CEO at MQ
Change of CEO at MQ
04
May '11
Johan Elfner is to leave the position as CEO of MQ Holding AB. A recruitment process to appoint his successor has been initiated. The company's CFO and Executive Vice President, Tony Siberg, will serve as Acting CEO of MQ until a new CEO has been appointed.

During the past few years, MQ has gone through significant structural changes and developed from an independent chain of co-operating traders to a fully integrated specialist retail chain.

Erik Olsson, Chairman of the Board of Directors at MQ, comments: “Johan Elfner has made a significant contribution to MQ passing a number of important milestones in our ambition to be the leading branded fashion wear chain in the Nordic region. A large part of the transition work has been led by Johan, which included opening own production offices in Asia, listing on NASDAQ OMX Stockholm, launch of stores in Norway as well as strengthening the management team with new competence.”

The assessment made by the Board of Directors of MQ Holding AB is that this is the right time for new leadership of the company, and current CEO Johan Elfner will therefore leave his position.

Tony Siberg, CFO and Executive Vice President, will assume the position of Acting CEO until a new CEO has been appointed. A recruitment process has been initiated.

MQ is one of Sweden's leading branded fashion wear chains. Through a mixture of proprietary and external brands, MQ offers men and women high fashion clothing in attractive stores. The store chain currently has 111 stores and the objective is to establish MQ as the leading brand chain in the Nordic region.

MQ Holding AB

Must ReadView All

Courtesy: Messe Frankfurt

Textiles | On 24th Mar 2017

Over 3341 exhibitors participate in Intertextile Shanghai

More than 3,341 exhibitors from 26 countries and regions participated ...

Courtesy: Bebe

Apparel/Garments | On 24th Mar 2017

Bebe Stores exploring strategic alternatives

Bebe Stores has announced that its board of directors is exploring...

Apparel/Garments | On 24th Mar 2017

Tiruppur garment cluster hopeful of meeting export target

The Tirupur garment cluster is hopeful of meeting its target of...

Interviews View All

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search