The Board of Directors of Algol Oy has appointed Joakim Flinck, M.Sc. (Econ.), Group CEO. The appointment will take effect on 1 April 2025. Joakim Flinck is currently Chief Financial Officer (CFO) and Deputy CEO of the Algol Group.
Algol Oy’s largest shareholders have also agreed that current CEO Alexander Bargum, LL.M., will become the company's full-time Chairman of the Board of Directors as of 1 April 2025, after the Annual General Meeting. At that time, Joakim Flinck will also be elected as a member of Algol Oy’s Board of Directors.
With these changes, the Board of Directors of Algol Oy, as the parent company, will focus more strongly on the Group's ownership strategy. The boards of Group companies will continue to be responsible for the strategic steering and monitoring of their own business operations.
In addition to Alexander Bargum and Joakim Flinck, Johannes Bargum, QBA, will continue to serve on the parent company’s Board of Directors. All three also sit on the boards of the Group companies, with Alexander Bargum serving as their Chairman. The Bargums represent the fourth generation of owners of the family company. Otherwise, the boards of the largest Group companies comprise members who are independent of the companies and their owners.
Read more in Finnish or English on the Algol website:
(fi) https://lnkd.in/d58x7cEg
(en) https://lnkd.in/dVrNcWp6
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Chartered Accountant
1hCongratulations