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Press release

Per Strömberg appointed new CEO of ICA

Per Strömberg has been appointed as new CEO of the ICA Group. He will assume his duties before April 16, 2012, and succeeds Kenneth Bengtsson, who will leave the company after eleven years as CEO.

Board of Directors of ICA AB initiated the recruitment process for Kenneth Bengtsson’s successor last spring when his departure was announced.

“Per Strömberg has a solid track record in managing successful food businesses and is an accomplished leader, which is shown not least by his achievements at Lantmännen,” comments Claes-Göran Sylvén, Chairman of the Board of ICA AB. “Like ICA, Lantmännen operates a number of different businesses and is present in a number of countries in Scandinavia, with a culture that is similar to ICA’s in many ways. We are happy to have Per Strömberg on board.”

Per Strömberg (47) will join ICA from Lantmännen, where he has served as CEO for the past four years and has successfully led the Group’s strategy and earnings improvement program. He also has many years of experience from various international positions with Kraft Foods, among others as CEO of the Swedish operations, CEO of Kraft Denmark,head of Strategy and Business Development in the United Kingdom, and as CEO of Sardus before it was sold to Atria.