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Fortnox chief Tommy Eklund quits

Summary by Financial Times
Swedish software group has attracted short sellers amid scrutiny of its growth and disclosures

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Svenska DagbladetSvenska Dagbladet
Lean Right

Stock market success changes CEO: "Haven't asked him to stay"

On Tuesday, Fortnox announced that CEO Tommy Eklund is resigning - with immediate effect. "In terms of timing, it's a good time," says board chairman Olof Hallrup to SvD.

·Stockholm, Sweden
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Financial TimesFinancial Times
Center

Fortnox chief Tommy Eklund quits

Swedish software group has attracted short sellers amid scrutiny of its growth and disclosures

·London, United Kingdom
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TechmemeTechmeme

Fortnox CEO Tommy Eklund leaves the Swedish software provider effective immediately; Fortnox stock jumped nearly 5x between 2020 and 2024, drawing short sellers

The essential tech news of the moment. Technology's news site of record. Not for dummies.

·California, United States
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Financial Times broke the news in London, United Kingdom on Tuesday, August 13, 2024.
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