Executive Change: Intrum Justitia Appoints Managing Director for Sweden

ARM firm Intrum Justitia announced today that Per-Henrik Persson has been appointed as new Managing Director for Sweden.

Per-Henrik Persson is 44 years old and has been holding a position as Business Development Director at Lindorff Group and was previously Sales Manager in Lindorff Sweden. He has more than 12 years of industry knowledge and worked though out Europe.

"We are very pleased that we have been able to recruit Per-Henrik as the successor to Rickard Westlund in Sweden," says Lars Wollung, CEO and President of Intrum Justitia. "Together with Rickard and the other country managers, he will make a good team in the new region Northern Europe. He has strong leadership skills together with analytic capabilities."

Per-Henrik Persson is replacing Rickard Westlund who has been appointed Regional Managing Director for Intrum Justitias new region Northern Europe, which was annouced in previous press relase Friday 21 May. Per-Henrik will assume his new position as soon as possible, though no later than December 2010.

Intrum Justitia is Europe’s leading Credit Management Services (CMS) group and offers services designed to measurably improve clients’ cash flows and long-term profitability. Intrum Justitia was founded in 1923, has around 3,400 employees in 22 countries and revenues of approximately SEK 4.1 billion in 2009. Intrum Justitia AB is listed on Nasdaq OMX Stockholm since 2002. For further information, please visit www.intrum.com