February 22, 2018 / 7:36 AM / in 3 months

BRIEF-Mycronic says CEO Lena Olving to step down in 2019

Feb 22 (Reuters) - Mycronic AB (Publ):

* LENA OLVING LEAVES MYCRONIC DURING 2019

* SAYS ‍AGREEMENT TERMS, WHICH HAVE BEEN DESCRIBED IN MYCRONIC’S ANNUAL REPORTS, INCLUDE AN AGREEMENT OF RETIREMENT AT AGE OF 62 WHICH COMES INTO EFFECT IN DECEMBER 2018​

* SAYS ‍PROCESS TO FIND A SUCCESSOR HAS BEGUN​

* SAYS ‍BOARD HAS EXTENDED EMPLOYMENT AGREEMENT WITH LENA OLVING, WHICH MEANS THAT LENA WILL REMAIN IN OFFICE AT LATEST UNTIL MAY 15, 2019​ Source text for Eikon: Further company coverage: (Stockholm Newsroom)

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