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Wihlborgs to elect current projects & developments director as new CEO

Wihlborgs Fastigheter AB plans to appoint Ulrika Hallengren as its new CEO, effective May 1, following its proposal to redesignate current CEO Anders Jarl as executive chairman.

Hallengren is the company's director of projects & developments and sits on the board of SHH Bostad AB, according to a release.

Separately, Erik Paulsson, the board's chairman, will vacate his position after a 14-year term, with Jarl to replace him. At the same time, Jarl has a seat on the board of Platzer Fastigheter AB.

Jan Litborn, who is chairman of Arenabolaget i Solna AB, Råsta Holding AB, and Erlandsson Holding AB, as well as a board member on Fabege AB and a number of other companies, will also join the Wihlborgs board.