actant appoints Stig Hubertsson CEO

Zug, Switzerland - 20 April 2007

The board of actant has named Stig Hubertsson as the new CEO of the company with immediate effect.

Stig has over twenty years of experience in the industry. He is one of the original founders of actant and has held a number of senior positions in the company.

Stig is replacing Urs Rutschmann who has led the company through a period of strong growth and into profitability. Urs will continue to support the company during this transition.

Additionally, actant’s Chairman Mark Aarons has agreed to act in a full-time senior client and external relationship role. Mark is an ex-derivatives trader with a substantial network within and knowledge of the company’s business area.

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