Getinge Group appoints Reinhard Mayer as new CFO and Magnus Lundbäck as new Executive Vice President Human Resources & Sustainability

Regulatory News:

"I am very pleased that Reinhard has accepted the role of CFO of the Group, and I am also proud to welcome Magnus Lundbäck back to Getinge. Both have comprehensive experience of the Group and in-depth expertise in their respective fields. In their new positions, both Reinhard and Magnus will help create stability in the company, which feels particularly reassuring given the changes the organization has undergone over the past year”, says Joacim Lindoff, Acting President and CEO of Getinge. "I would also like to take this opportunity to thank Pernille Fabricius and Andreas Quist for their contributions and dedicated work during their time with the Group”, concludes Joacim Lindoff.

Reinhard Mayer has extensive experience in finance after serving as the CFO of Getinge’s former Medical Systems business area for more than 13 years. Reinhard most recently worked as President Supply Chain and is a member of the Getinge Executive Team. Reinhard joined Maquet in 1997, which was acquired by Getinge in 2000. Reinhard has been part of the journey to develop Getinge into a global medical device company with leading global positions, and his broad expertise will be instrumental to Getinge in the years ahead. Reinhard previously worked as a Director of Finance and Administration for the German software company Lexware GmbH & Co. KG and as Cost Accountant and Cost Analyst at Dow Chemical Inc, a US multinational chemical technology company.

Magnus Lundbäck returns to Getinge after having served as Senior Vice President HR & Sustainability at Gunnebo AB since 2013. Magnus was Executive Vice President HR & Sustainability at Getinge Group between 2008 and 2012, and a member of the Getinge Executive Team. Magnus is highly familiar with Getinge Group and its operations and will be an invaluable asset on the journey of change that Getinge is currently undergoing. Magnus has previously held various senior positions at Volvo Cars, such as Vice President HR of the research and development operations. He holds a PhD in Strategy and Organization and is specialized in the area of corporate culture development and performance management.

Reinhard Mayer takes up his new position as of today, September 13, and Magnus Lundbäck will take office during Q1, 2017. They will both be members of the Getinge Executive Team and report to the President and CEO of Getinge.

Getinge Group is a leading global provider of innovative solutions for operating rooms, intensive-care units, hospital wards, sterilization departments, elderly care and for life science companies and institutions. Getinge’s unique customer offering mirrors the hospital’s organization and value chain, and the solutions are used before, during and after the patients’ hospital stay. Based on first-hand experience and close partnerships, Getinge provides innovative healthcare solutions that improve every-day life for people, today and tomorrow.

This information is information that Getinge AB 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 08:00 CET on September 13, 2016.

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