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Juan Vargues and Thomas Ekman have been appointed as new board members of Novax AB

May 4, 2023

Juan Vargues, CEO of Dometic Group, and Thomas Ekman, incoming CEO of Axel Johnson, have been appointed as new board members of Novax AB.

Juan Vargues currently serves as CEO of Dometic Group. He has previously served as Deputy CEO of ASSA ABLOY Group and CEO of ASSA ABLOY Entrance Systems and Besam Group, where he held various executive positions for many years. Juan has also been Chairman of the Board of Cary Group and a board member of Munters.

"I am both pleased and proud to contribute to Novax's future development as a board member. Novax has the unique ability to combine entrepreneurial corporate culture with long-term ownership, which is essential today to create successful companies and a better society. I look forward to working together with the board and management to further accelerate the journey they are on," says Juan Vargues.

Thomas Ekman is the incoming CEO of Axel Johnson and recently departed CEO of Dustin Group. Thomas has a background as CEO of Cabonline Group and Tele2 Sweden AB, as well as several executive positions within MTG AB. Thomas is also Chairman of the Board of AxSol and a board member of Axfood, Dustin Group, Martin & Servera, KICKS, Axel Johnson International, and Pierce Group.

"I am filled with enthusiasm and anticipation to join Novax's board. Novax plays a crucial role in creating meaningful and large companies that can become future pillars for Axel Johnson. I look forward to being part of a team with high ambitions and determined strategies," says Thomas Ekman.

Novax's board consists of Caroline Berg, Camilla Wideroth, Pelle Törnberg, Thomas Ekman, Juan Vargues, and Jacob Wall (Chairman of the Board).

Jacob Wall

"Juan and Thomas both bring valuable experience in building fast-growing companies and organizations. Additionally, they contribute with an international perspective at a time when Novax has expanded beyond the Nordic region through acquisitions and organic growth," says Jacob Wall, Chairman of the Board of Novax.

About Novax

Novax invests in small and medium-sized growth companies in a long-term and active partnership. We invest in the crucial parts of the value chain and create ecosystems of people and organizations to accelerate sustainable transformation within Future Food, Health & Wellness, Technical Security, and Digital Infrastructure for Retail. By building large and meaningful companies, we make a difference and build future pillars for Axel Johnson. For more information, visit https://novax.se