The Board of Directors of Reinhold Europe Ab(Publ) informs that the process of finding a new CEO for the company has been delayed. To ensure that the operations do not suffer, the board has decided that the CEO's status will be resolved during the continued search process in the following ways: Ingvar Rehbinder, the company's CFO is appointed managing director during the search process with responsibility for the company's administration. Bobby Mandl, the Chairman of the Board takes responsibility for all commercial matters.