After seven years of dedicated leadership, Fredrik Sidhagen is stepping down from the role of CEO of RCO Group. Starting from April 1, 2024, he will be succeeded by Ove Bergkvist, the former CEO of Netel and Euromaint Rail AB.
Fredrik Sidhagen, CEO of RCO Group:
"It has been a privilege to serve as the CEO of RCO Group. Together with committed employees, we have developed the business and embarked on a comprehensive journey of change. After more than seven years, I am proud of what we have accomplished together, and I am confident that RCO Group is well-equipped to continue evolving to new heights. I would like to extend warm thanks to all employees, partners, and customers who have supported me and the company during my tenure as CEO," says Fredrik Sidhagen.
Samuel Asarnoj, Chairman of the Board of RCO Group:
"Fredrik has successfully led RCO Group for seven years, growing the turnover from around SEK 150m to today's SEK 650m. The offering has been expanded through innovation and additional acquisitions. The board would like to thank Fredrik for his meritorious leadership over the past seven years and wish him all the best in future assignments. At the same time, we are very pleased to have recruited Ove Bergkvist as Fredrik's successor and are confident that his knowledge, skills, and extensive experience are just right to lead continued growth in RCO Group."
Ove Bergkvist, incoming CEO of RCO Group:
"I am grateful for the board's trust and look forward to further strengthening RCO Group's position as a market-leading player and driving innovation and growth within the company."
For more information, please contact:
Samuel Asarnoj, Chairman of the Board, RCO Group
Phone: 070-299 85 75
Email: samuel.asarnoj@novax.se
About RCO Group
RCO Group develops, manufactures, and sells services and products within lock and security systems. In close collaboration with its customers, partners, and users, they develop solutions for the future of the modern, accessible, and digital property. The companies included in the group are RCO Security, Dinbox, nimly, and Swedlock, owned by Novax, which is part of the family business Axel Johnson AB. For more information, please visit www.rcogroup.com.
