Midsummer AB (publ) has decided to appoint Eric Jaremalm as the new CEO of the group. Eric Jaremalm is one of the founders of Midsummer 20 years ago and has solid experience in leading and developing international technology companies. Eric Jaremalm founded Midsummer together with current CEO Sven Lindström in 2004 and has since held leading roles within the company, including as Executive Vice President, COO and CFO.

In addition to having contributed to building Midsummer into a leading global player in the thin film solar cell industry, Eric Jaremalm has worked with sales and development at the technology company Mycronic for just over five years (based in Japan). He has been found by the company?s Board to be the most suitable person to lead Midsummer in the upcoming international expansion with a greater focus on commercial development and internationalization of the business. This includes the opening of a new 50 MW factory in Italy and a 200 MW factory in Sweden.

CEO Sven Lindström announced at the beginning of October that he intends to step down as CEO but to continue at Midsummer as Executive Vice President, Manager of Business Development and Manager of the product portfolio. In addition to his position as Chairman of the Board, Robert Sjöström has been asked by the Board to also support the company's management regarding operational issues, including those focused on market and sales.