|By Business Wire||
|February 25, 2013 02:46 AM EST||
Cision AB (publ) (STO:CSN) today announces that Hans Gieskes is stepping down as President and CEO of Cision. He is succeeded by Peter Granat, currently CEO of Cision North America, effective immediately.
Peter Granat will remain in his role as CEO for the business in North America.
“Since Hans Gieskes came to Cision at a critical time in 2008, he has been instrumental in the transformation of the company into a well-positioned market leader. Also, he had an active part in the succession deliberations, in order to ensure a smooth handover to Peter”, says Anders Böös, Chairman of the Board of Cision.
“Now that we have concluded a number of key milestones in our turnaround and transformation process, it’s the right time to hand over to an experienced internal successor like Peter”, says Hans Gieskes, outgoing CEO of Cision.
“At Cision, we understand that behind every brand there is a story. Public relations is evolving into the business of helping brands tell their story through many different media channels. I'm delighted to have been given the opportunity to lead the continued transformation of Cision to an even stronger company in the years ahead", says Peter Granat, incoming CEO of Cision.
A non-recurring item in connection with releasing Hans Gieskes from his contract will amount to SEK 8 million and will affect the result in the first quarter of 2013.
About Peter Granat:
Chief Executive Officer North America, born 1970. Employed since 2003. Holds an MBA from Kellogg School of Management. Former Senior Vice President, Business Development at MediaMap.
The information provided herein is such that Cision AB (publ) is obligated to disclose pursuant to the Swedish Securities Markets Act (SFS 2007:528) and/or the Swedish Financial Instruments Trading Act (SFS 1991:980). The information was submitted for publication at 08:30 AM CET on February 25, 2013.
Cision is a leading provider of cloud-based PR software, services and tools for the marketing and public relations industry. Marketing and PR professionals use our products to help manage all aspects of their brands – from identifying key media and influencers to connecting with audiences; monitoring traditional and social media; and analyzing outcomes. Journalists, bloggers, and other influencers use Cision’s tools to research story ideas, track trends, and maintain their public profiles. Cision is present in Europe, North America and Asia, is quoted on the Nordic Exchange with revenue of approx. SEK 1.0 billion in 2012. For more information, visit www.cision.com (http://us.cision.com/).
This information was brought to you by Cision http://news.cision.com
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