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Management Changes

Friday May 2, 03:58 PM
CLS Holdings names Henry Klotz CEO, replacing Per Sjoberg

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LONDON (Thomson Financial) - CLS Holdings Plc. said it has appointed Henry Klotz as chief executive with immediate effect, replacing Per Sjoberg who has resigned to return to Sweden.

Klotz is also the non-executive chairman of Swedish-listed
Catena AB (Stockholm: CATE.ST - news) and non-executive director of AIM-listed Bulgarian Land Development Plc (LSE: BLD.L - news) . In both companies, CLS has a 29 percent stake, the company said.

Sjoberg will continue as chairman of both Bulgarian Land Development and remain on the board of Catena, CLS said.

Sten Mortstedt will continue as executive chairman of the group, the investment property company said.

The company also said Anders Boos resigned as non-executive director.

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