DIAB appoints Lennart Hagelqvist new CEO

Lennart Hagelqvist.
Lennart Hagelqvist.

Hagelqvist is currently at Perstorp where he has been an Executive Vice President since 2007. He will take up his new position with DIAB on 3 May, succeeding Anders Paulsson, who has been CEO of DIAB since 2003. Paulsson will continue to work with DIAB as an advisor.

“Lennart has many years of experience of developing and building successful international operations where conditions have sometimes been challenging," says DIAB Chairman Stig Karlsson.

Anders Paulsson has made a very valuable contribution to DIAB during his nine years as CEO. Under his strong leadership and innovative efforts, DIAB became established in new, growing markets and created a unique total offering.

While Anders now wishes to leave his executive role, it is valuable that we will continue to have access to his knowledge of the company and the market.

Stig Karlsson, Chairman, DIAB

"In our opinion, his experience combined with his personal qualities make him highly suitable as CEO of DIAB. We in the board are convinced that Lennart, together with the management group and other employees, will continue to develop DIAB’s offering and manage the challenging business environment which has affected the company over the past year.”

DIAB, headquartered in Sweden, is a manufacturer of structural core materials for use in composite sandwich structures and supplies a wide range of markets including marine, wind energy, transportation, and aerospace.