August 27, 2024

CR Group Continues Growth Journey – Erik Hjelmstedt Appointed Interim CEO

To support our continued growth following the acquisition of Dutch cybersecurity company Fox Crypto, Erik Hjelmstedt has been appointed interim CEO of CR Group Nordic AB. Outgoing CEO Björn Weigel will remain actively involved in the company’s success by joining the board of directors.

“Björn is the driving force behind the creation of CR Group. Without him, we would not have been able to build this business, which is now approaching SEK 600 million in revenue with strong profitability. I want to extend my personal thanks to Björn and look forward to continuing our collaboration as shareholders and board members,” says Nicklas Storåkers, Chairman of the Board, CR Group.

“When we started just over two years ago, I could never have imagined we would come this far, this fast. I’m proud of what we’ve achieved and of the role CR Group now plays in strengthening security in our part of the world,” says Björn Weigel.

Erik Hjelmstedt most recently served as CFO of the investment company Nordstjernan. Prior to that, he held positions as CFO, COO, and Nordic CEO of digital health company Kry. He also brings extensive experience from Schibsted, where he held several roles including COO/CFO of Sweden and Global Head of Change Office.

“Stability and security in today’s world are increasingly challenged. Building and maintaining strong, secure democratic societies remains as important as ever. At CR Group, our contribution – delivering secure communication solutions for critical operations across Europe – is part of that mission. I’m excited and honored to lead the next phase of this journey as interim CEO,” says Erik Hjelmstedt.