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Castellum Faces Board Reshuffle Amidst CEO Recruitment Pause

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Castellum Faces Board Reshuffle Amidst CEO Recruitment Pause

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An announcement from Castellum AB ( (SE:CAST) ) is now available.

Castellum AB is facing significant changes in its board of directors as Louise Richnau and Stefan Ränk have announced their departure. This decision comes after Akelius Apartments Ltd requested an Extraordinary General Meeting to address board composition and remuneration, reflecting a lack of confidence in the current board’s handling of CEO recruitment. The recruitment process for a new CEO is temporarily paused, indicating potential disruptions in Castellum’s leadership and governance.

The most recent analyst rating on (SE:CAST) stock is a Hold with a SEK120.00 price target. To see the full list of analyst forecasts on Castellum AB stock, see the SE:CAST Stock Forecast page.

More about Castellum AB

Castellum is one of the largest commercial property companies in the Nordic region, specializing in office and logistics properties in Nordic growth cities. The company is listed on Nasdaq Stockholm Large Cap and is recognized for its sustainability efforts, being the only Nordic property company included in the Dow Jones Sustainability Indices.

Average Trading Volume: 1,962,528

Current Market Cap: SEK55.73B

See more data about CAST stock on TipRanks’ Stock Analysis page.

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