Henrik Ottosson, 40, is going to act as the new...

Henrik Ottosson, 40, is going to act as the new chief executive of Lundhags, the Swedish outdoor company owned by EQT, from next month. He takes charge from his previous position as business area manager of clothing for Haglöfs, where he has been for 14 years. He previously spent four years at Stadium. The former owner of Lundhags, Jan-Anders Lundhag, will be stepping down as CEO but will remain available for consulting. Lundhags says it requires new management after reaching a critical level with an annual turnover of about 100 million Swedish kronor (€10.3m-$13.9m), which will more than double in only two to three years.