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GTEBORG, Sweden--([ BUSINESS WIRE ])--Regulatory News:

Gunnebo AB (STO:GUNN):

Gunnebo Security Group appoints new SVP Operations

Lars Thorn Appointed SVP Operations

Lars Thorn has been appointed SVP Operations, a function responsible for Gunneboas global industrial platform and which includes responsibility for all production, logistics, purchasing, research and development, and environmental and quality work in the Group. Lars has years of experience from top-management positions as Technical & Factory Manager, Managing Director, Business Area Director and Operations Director for several different Swedish multinational companies as SKF, ESAB, Sandvik and Volvo Bussar. He will take up the position in November, 2012.

Lars will succeed Bjrn Nergrd, who has been SVP Operations since November 2011 on a concultancy basis.

Gunneboas Group Executive Team as of November 2012

• Per Borgvall, President and CEO, Region Asia-Pacific
• Bernt Ingman, CFO and CIO
• Tomas Wngberg, SVP M&A, Business Development and Region Americas
• Morten Andreasen, SVP Region EMEA
• Christian Guillou, SVP Bank Security & Cash Handling and Secure Storage
• Anna Almlf, SVP Global Services
• Robert Hermans, SVP Entrance Control
• Lars Thorn, SVP Operations

The Gunnebo Security Group provides efficient and innovative security solutions to customers around the globe. It employs 5 800 people in 31 countries across Europe, Asia, Africa, Australia and Americas, and has a turnover in excess of a'580m. Gunnebo focuses its global offering on Bank Security & Cash Handling, Secure Storage, Global Services and Entrance Control.

We make your world safer.

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