KPMG has recruited Magnus Fagerstedt as CEO for its Swedish operation. Magnus Fagerstedt is a highly regarded auditor with assignments from several different industries including the financial sector, public sector and healthcare. Magnus has been a partner at EY since 1997 and has had various assignments within their Swedish and Nordic organization.
“Magnus has a proven ability to drive and implement changes. He has extensive experience in executing leadership and creating efficient organizations. Magnus will have time to devote all his energy to ensure the delivery of our objectives and the implementation of KPMG’s strategic plan The ability for management to focus on leadership is key for a professional service company in tomorrow’s world,” says KPMG chairman, Björn Hallin.
KPMG has around 1,700 employees in 50 locations around Sweden active in auditing, accounting, tax and consulting. KPMG is owned by 99 partners, and its revenues in 2016 were just over SEK 2.1 billion.
“Being asked to take up the position as CEO at KPMG is enormously exciting. KPMG runs a professional, well-respected operation and hopefully I can provide inspiration and experience to revitalize and develop the company,” says Magnus Fagerstedt.
In Magnus Fagerstedt, KPMG has recruited a CEO tasked with leading and implementing necessary changes with the vision of making KPMG the natural first choice for clients and colleagues. Magnus extensive experience of the industry and documented ability to lead and implement major change projects were decisive factors in our choice. Magnus Fagerstedt will take office as CEO of KPMG Sweden on August 14.
For further information, please contact:
Björn Hallin, Chairman, KPMG Sweden, firstname.lastname@example.org, phone: +46 70-548 96 26
Björn Bergman, Head of Communications, email@example.com, phone: +46 70-876 24 53