Nicolas Warchalowski, who has led Haglöfs for the last five years, resigned and left the company earlier this month. The chief executive encouraged the group's global expansion after its takeover by Asics and he said it was time to hand over to another manager for the next phase.
The company said the leadership has been entrusted for an interim period to Eva Strand, chief financial officer, and Richard Jägrud, product director. They are temporarily acting as joint managing directors. The Haglöfs board will start a search for another chief executive shortly.
Warchalowski joined Haglöfs in 2009, starting as sales and marketing director, and he became chief executive at the beginning of 2011. He has specialized in consumer goods, having previously worked at Procter & Gamble and at Carpe Diem Beverages, a part of the Red Bull group focusing on new healthy drinks. He worked there as area manager for Western Europe and Africa, and then managing director for North America.
Warchalowski arrived at Haglöfs at a time of transition, as the company was still owned by Ratos, a private equity company, to be sold to Asics in 2010. At the time Haglöfs had already moved beyond the Nordics to spread its brand around Europe, but Warchalowski led its expansion into Asia, with the opening of subsidiaries in Japan and South Korea and a partnership in China, among others.
Warchalowski is apparently taking a break, it could not be learned if he has any immediate plans for another job.
The board said Warchalowski had done an outstanding job and his departure was arranged very amicably. It will be searching for a chief executive who has insights into the global market, with a particular interest in Asia. The company wants to globalize more, in its organization as well as its product offering.
Haglöfs, which will celebrate its centenary this year, had sales amounting to 690 million Swedish kronor (€77.9m-$108.6m) in 2012, with a presence in 26 countries.