Management team

Permascand is a Swedish public limited liability company. Permascand’s corporate governance is mainly based on Swedish law, primarily the Swedish Companies Act, the articles of association and internal rules, including policies and instructions. In connection with the admission to trading of the Company’s shares on Nasdaq First North Premier Growth Market, the Company will also apply, inter alia, the Rule book for Issuers and the Swedish Corporate Governance Code (the “Code”). Permascand does not intend to deviate from any of the rules of the Code.

For Permascand, it’s about consciously focusing on internal sustainability work, as well as providing electrochemical solutions for green technology around the world.

It’s important for us to develop long-term and sustainable thinking together with our customers and social governance model. Permascands forward mission is to be no:1 global independent provider of electrochemical solutions for Green technology.

Peter Lundström
CEO

Here are some examples:

For our customers:
  • Thanks to our electrochemical solutions, our customers can reduce their energy consumption and create healthier working environments for their employees.
  • Our products contribute to high-efficiency extraction of metals for batteries – an important part of the transition to fossil-free by, for example, electric cars and vehicles.
  • Our Ballast Water Treatment products are a piece in the puzzle in the effort to ensure and improve the environment in the world’s ocean.
For us internally:
  • Our energy consumption per million SEK revenue has decreased by 32% from 2016 down to 34MWH/MSEK
  • Our waste streams per million SEK revenue has decreased by 31% from 2016 down to 288KG/MSEK
  • Our short term absenteeism rate among our employees has improved by 44% from 2016 down to 3.4%
Peter Lundström, CEO: Permascands forward mission is to be no:1 global independent provider of electrochemical solutions for green technology.

Peter Lundström

Chief Executive Officer

Born: 1968

Education: Peter Lundström holds a Master of Science degree in Business and Administration, Finance and Accounting, from Mid Sweden University.

Background: Peter has extensive experience from international companies in the field of technology. Peter’s previous positions include Director of Commercial Finance EMEA at Xylem Europe GmbH, which he held between 2008 and 2015. Prior to this, he served as Head of Business Control at Fortum Customer Service and Finance & European Business Manager at Arrow Electronics AB.

Current positions: Member of the board of Fyra L Holding AB.

Prior positions (past five years): Member of the board of Xylem Water Solutions Sweden AB.

Holdings in the Company (including related parties):
1,603,627 shares, through Fyra L Holding AB.
227,205 warrants of series 2021/2024.

Before joining Permascand, Linda Ekman held the position as CFO at NP3 Fastigheter AB. Prior to this, she held the position as Controller Group Finance at Permobil.

Linda Ekman

Chief Financial Officer

Born: 1979

Education: Linda Ekman holds a Master’s degree in Business and Economics from Uppsala University. 

Background: Before joining Permascand, Linda held the position as CFO at NP3 Fastigheter AB. Prior to this, she held the position as Controller Group Finance at Permobil.

Current positions: Deputy member of the board of BusinessDuke AB.

Prior positions (past five years): CFO at NP3 Fastigheter AB. In Lindas Ekmans role as CFO of NP3 Fastigheter AB she was also a board member in various real estate companies included in the NP3 real estate portfolio

Holdings in the Company (including related parties):
216,645 shares.
77,292 warrants of series 2021/2024.

Background: For the past 18 years, Fredrik has held various positions within Permascand, including CEO of Permascand AB. Prior to joining Permascand, Fredrik held the position as Group Manager at Eka Chemicals R&D Sundsvall.</p>
<p>Current positions: Member of the board of directors of SEKAB BioFuels & Chemicals AB, SEKAB E-Technology AB and 5J Holding AB.

Fredrik Herlitz

Chief Technology Officer

Born: 1966

Education: Fredrik Herlitz holds a Master of Science degree in chemical engineering from KTH Royal Institute of Technology.

Background: For the past 18 years, Fredrik has held various positions within Permascand, including CEO of Permascand AB. Prior to joining Permascand, Fredrik held the position as Group Manager at Eka Chemicals R&D Sundsvall.

Current positions: Member of the board of directors of SEKAB BioFuels & Chemicals AB, SEKAB E-Technology AB and 5J Holding AB.

Prior positions (past five years): Member of the board of JFL Holding AB, Teknikföretagen (North region) and Chamber of Commerce Sundsvall region.

Holdings in the Company (including related parties):
6,156,178 shares, through 5J Holding AB.
77,292 warrants of series 2021/2024.

Nariman Askarieh most recent role was Nordic Commercial Director at the global medical technology company Stryker and he has about twenty years of experience in leadership positions in multinational companies such as Stryker, Philips Health Systems, Ericsson, and Tetra Pak.

Nariman Askarieh

Chief Commercial Officer

Born: 1974

Education: Nariman Askarieh holds an M. Sc. in Industrial Management and Engineering.

Background: Nariman Askarieh most recent role was Nordic Commercial Director at the global medical technology company Stryker and he has about twenty years of experience in leadership positions in multinational companies such as Stryker, Philips Health Systems, Ericsson, and Tetra Pak.

Current positions:

Prior positions (past five years):

Holdings in the Company (including related parties):
54,500 shares.

Background: Prior to his current role, Lars has held several positions at Permascand, including Business Development Manager and Business Manager at EctoSys. In addition, Lars was Business Manager at EctoSys at RWO GmbH between 2007 and 2013. </p>
<p>Current positions: Member of the board of Hussborg Microbrewery AB.

Lars Nyman

Chief Operations Officer

Born: 1969

Education: Lars Nyman has participated in studies in forestry at Hussborgs skogsbruksskola.

Background: Prior to his current role, Lars has held several positions at Permascand, including Business Development Manager and Business Manager at EctoSys. In addition, Lars was Business Manager at EctoSys at RWO GmbH between 2007 and 2013. 

Current positions: Member of the board of Hussborg Microbrewery AB.

Prior positions (past five years):

Holdings in the Company (including related parties):
123,780 shares.
77,292 warrants of series 2021/2024.

Education: Lena Oskarsson Engberg holds a degree in human resources from Företagsekonomiska Institutet (FEI).</p>
<p>Background: Prior to joining Permascand, Lena held the position as HR Specialist at Samhall AB. Prior to this, she worked as HR Business Partner at Permobil AB and as HR-partner at IF Skadeförsäkring AB.

Lena Oskarsson Engberg

HR Manager

Born: 1966

Education: Lena Oskarsson Engberg holds a degree in human resources from Företagsekonomiska Institutet (FEI).

Background: Prior to joining Permascand, Lena held the position as HR Specialist at Samhall AB. Prior to this, she worked as HR Business Partner at Permobil AB and as HR-partner at IF Skadeförsäkring AB.

Current positions:

Prior positions (past five years):

Holdings in the Company (including related parties):
48,195 warrants of series 2021/2024.

Education: Jens Michael Povlsen holds a bachelor in science degree in environmental science from University of Stirling.</p>
<p>Background: For the past three years Jens Michael has been part of the management team at Permascand in the role of QHSE manager. Jens Michael has a background in environmental policymaking, environmental regulations and enforcement in Denmark and Scotland. His primary focus has been in the areas of industrial and waste regulations which has clarified the role industry has in transitioning the economy to a more sustainable model via innovative solutions in products and processes.

Jens-Michael Povlsen

Quality Environmental Health Safety Manager

Born: 1976

Education: Jens Michael Povlsen holds a bachelor in science degree in environmental science from University of Stirling.

Background: For the past three years Jens Michael has been part of the management team at Permascand in the role of QHSE manager. Jens Michael has a background in environmental policymaking, environmental regulations and enforcement in Denmark and Scotland. His primary focus has been in the areas of industrial and waste regulations which has clarified the role industry has in transitioning the economy to a more sustainable model via innovative solutions in products and processes.

Current positions:

Prior positions (past five years):

Holdings in the Company (including related parties):
26 128 shares.
48,195 warrants of series 2021/2024.