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Balder Names New CEO; Current CEO Nominated for Chairmanship

MT Newswires·08/18/2025 23:46:22
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11:46 PM EDT, 08/18/2025 (MT Newswires) -- Fastighets AB Balder (BALD-B.ST) appointed deputy Chief Executive Officer Sharam Rahi as its new CEO to succeed Erik Selin. Selin will remain as CEO until the Swedish property group's annual general meeting for 2026, according to a Monday release. The largest shareholders of the company nominated Selin for executive chairman of the group, with the proposal to be considered during the meeting.