Jan 17(Reuters) - Hitech & Development Wireless Sweden
Holding AB (Publ)
HDWb.ST :
* SAID ON THURSDAY CEO AND FOUNDER, PÄR BERGSTEN, HAS
DECIDED TO
TRANSITION TO ROLE AS AN EXECUTIVE BOARD MEMBER ONCE THE
RECRUITMENT OF A NEW CEO IS COMPLETED
* THE RECRUITMENT PROCESS FOR A NEW CEO IS ALREADY UNDERWAY,
AND
PÄR BERGSTEN WILL CONTINUE AS INTERIM CEO IN THE MEANTIME
* THIS CHANGE WILL RESULT IN COST SAVINGS OF APPROXIMATELY
SEK 300
THOUSAND PER QUARTER
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Further company coverage: HDWb.ST
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))