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Melker Schörling hands over the gavel after 30 years on the Board

Melker Schörling has decided to step down from his role as Chairman of Securitas AB.

Published
23 March 2016 08:30

Melker Schörling joined Securitas’ Board of Directors when he was appointed as the company’s new CEO in 1987. At the time, the company operated exclusively in Sweden and had some 5,000 employees. Today, the Group is active in 53 countries, with 320,000 employees.

“I’ve been part of an incredible journey with this outstanding company and I look forward to continuing the journey in a somewhat different role,” says Melker Schörling of his decision.

“Serving on the board of a listed company is becoming an increasingly time-consuming endeavor. I am the Chairman of five major listed companies, and it is now time for me to cut back a little. As one of the principal owners, I now look forward to continuing to serve as a sounding board for the Board and for the President and CEO in the company’s key business issues,” says Melker Schörling, who will turn 70 next spring.

“I am also delighted that Marie Ehrling, who brings with her extensive expertise, has agreed to lead the work of the Board as the new Chairman of Securitas AB,” concludes Melker Schörling.

Proposed Chairman of the Board Marie Ehrling says in a comment:

“The security industry is currently undergoing a major transformation, both in Sweden and internationally. Securitas is successfully leading this development and now offers a combination of traditional guarding and advanced security technology, which is creating new benefits for our customers. I look forward to leading the work of the Board as it continues to advance the strategy established in recent years.”

At the same time, it was announced that Fredrik Palmstierna and Annika Falkengren have decided to step down from the Board of Securitas after 31 and 13 years of service, respectively. The Nomination Committee proposes that Anders Böös be elected on the Board of Directors and it intends to propose also a female Board member prior to the Annual General Meeting on May 4.

This press release is also available at: www.securitas.com

Contact details:

Carl Douglas and Jan Svensson, Securitas’ Nomination Committee, mobile +46 705 771640

Melker Schörling, epost melker.schorling@melkerschorlingab.se

Gisela Lindstrand, Senior Vice President Corporate Communications and Public Affairs, Securitas AB, mobile +46 70 287 8662, or email gisela.lindstrand@securitas.com

Securitas is a global knowledge leader in security. From a broad range of services of specialized guarding, technology solutions and consulting and investigations, we customize offerings that are suited to the individual customer’s needs, in order to deliver the most effective security solutions. Everywhere from small stores to airports, our 320,000 employees are making a difference.

Securitas AB discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 08.30 (CET) on March 23, 2016.

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