In agreement with the company's board, Carl Johan Hederoth steps down as CEO of Sleep Cycle AB (publ). The board has decided to appoint Erik Jivmark as the new CEO of Sleep Cycle as of 1 November 2023. Erik Jivmark has extensive international experience from leading positions within digital products and services.

Erik comes from the role as CEO of Volvo Car Mobility AB and leading the Volvo Cars Stockholm Tech Hub. Before that Erik was the Global Director of Digital at Volvo Cars AB based in both Sweden and the U.S. He has a background from Accenture focusing on digital and commercial transformation. Carl Johan Hederoth will remain in his role as CEO until 30 September 2023 and will continue to be at the disposal of the company during the remaining of his notice period.

To secure a seamless handover, the company's CFO Per Andersson will act as interim CEO from 1 October 2023 until Erik Jivmark takes over on 1 November 2023.