ITAB Shop Concept CEO Andréas Elgaard To Resign, Stock Up

(RTTNews) - ITAB Shop Concept AB (publ) (29I0.F), Tuesday announced that the company's Chief Executive Officer Andreas Elgaard has decided to resign from the position to pursue a similar role in a company in a different industry.

Elgaard is expected to leave the company at the end of his notice period in January 2026, unless the Board decides on an earlier date in light of the recruitment of a new CEO.

Anders Moberg, Chairman of the Board, assured that the company has initiated the process of recruiting the next CEO.

Currently, ITAB's stock is moving up 3.47 percent, to 1.7280 euros on the Frankfurt.