Sensys Gatso Group appoints new CEO

29/08/2017 - The Board of Directors of Sensys Gatso Group, a global leader in traffic safety solutions, has appointed Ivo Mönnink as new Chief Executive Officer. Ivo Mönnink will assume his new role as of October 1, 2017. The current CEO Torbjörn Sandberg will step down on the same day, but remain at the company’s disposal until March 30, 2018.

“We would like to welcome Ivo Mönnink to Sensys Gatso. With Ivo’s strong business experience and proven leadership, I and the board have found a very suitable leader for the next phase in the company’s development. Ivo will be instrumental in leading the group into its next phase and facilitate further growth”, says Claes Ödman, Chairman of Sensys Gatso and continues:

“I would also like to take the opportunity to thank Torbjörn Sandberg. Torbjörn has been very important for the integration of Sensys Traffic AB and Gatso Beheer BV, and has successfully completed the development of the core of our platform.”

”I have accepted the offer to become the new CEO of Sensys Gatso with great humility. I am really looking forward to this great challenge and continue the work that has been initiated”, says Ivo Mönnink, incoming CEO of Sensys Gatso.

Ivo Mönnink has an international commercial background from Unilever and Nike and has previously served as CEO of several companies, including Hitec Power Protection and FERM.

The Board of Directors has conducted a European search through one of the top global search firms.

Ivo Mönnink will join Sensys Gatso on October 1, 2017.

 

This information is information that Sensys Gatso Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 22.00 on the 29 August 2017.

 

 Release (PDF)

 

                                                                                                                                               

 

For further information:
Claes Ödman, Chairman of the Board
+46 70 852 85 12

Sensys Gatso Group AB is a global leader in traffic management solutions for nations, cities and fleet owners.  Sensys Gatso Group has subsidiaries in Australia, Germany, the Netherlands, Sweden and the USA, and a branch office in the United Arab Emirates. The Sensys Gatso Group’s shares are listed on Nasdaq Stockholm and has 169 employees.

Published: 29/08/2017