CDON Group AB (publ), the leading e-commerce group in the Nordic region, today
announced the appointments of Patrik Settlin as CEO of the subsidiary CDON.com
(CDON AB) and Jonas Danielsson as CEO of the subsidiary Tretti (Tretti AB). The
management changes are effective immediately.
Patrik Settlin, who has been appointed CEO of CDON.com, was previously member of
the management team at CDON.com as Chief Commercial Officer. Patrik has more
than 15 years of experience in e-commerce in addition to sales and marketing of
consumer products, including as VP Sales for the e-commerce company Komplett in
Sweden and Denmark.
Jonas Danielsson, who has been appointed CEO of Tretti, was previously member of
the management team at Tretti as Commercial Director of Home Appliances. Jonas
has extensive experience from various positions in the e-commerce and white
goods industry, including from Samsung, Bosch/Siemens and Elgiganten. He has
been with Tretti for more than seven years including when it was listed as an
Paul Fischbein, President and CEO of CDON Group, comments: “Patrik Settlin and
Jonas Danielsson have the right experience and profiles to lead CDON.com and
Tretti as we take the next step in the continued development of both companies.
CDON.com is transforming into an online department store and Tretti is
continuously strengthening its position within white goods and appliances for
the home and garden. As we appoint individual CEO:s to both subsidiaries, it
enables us to increase focus on the opportunities and development of each
The information in this announcement is that which CDON Group AB is required to
disclose under the Swedish Financial Instruments Trading Act and/or the
Securities Markets Act. This information was released for publication at 08:00
CET on 16 May 2014.
For further information please visit cdongroup.com or contact:
Paul Fischbein, President and CEO, CDON Group
Tel: 46 (0) 10 703 20 00
Fredrik Bengtsson, Head of Communications
Tel: 46 (0) 700 80 75 04
E-mail email@example.com, firstname.lastname@example.org
About CDON Group
CDON Group is the leading e-commerce group in the Nordic region. Since the start
in 1999, the group has expanded and broadened its product portfolio and is now a
leading e‐commerce player within Entertainment (CDON.com and Lekmer.com),
Fashion (Nelly.com, NLYman.com and Members.com), Sport & Health
(Gymgrossisten.com, Bodystore.com and Milebreaker.com) and Home & Garden
(Tretti.com and Rum21.se). In 2013, the group generated 4.5 billion SEK in
revenue. CDON Group’s shares are listed on NASDAQ OMX Stockholm Mid-cap list
under short name “CDON”.
GlobeNewswire, a Nasdaq company, is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.