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EET Group appoints Søren Drewsen as new CEO

Pan-European, Denmark-based broadliner and sparepart specialist EET Group has appointed Søren Drewsen as new CEO. Søren Drewsen succeeds CEO John Thomas, who after 20 years with the company, has decided to step down to spend more time with his family. John Thomas will join the Board of Directors of EET Group, and will remain a shareholder along with majority owner FSN Capital. Bo Rygaard, chairman of the Board of Directors, said: "John Thomas informed me about his decision quite some time ago. Although I regret his decision, I fully respect it, and I am at the same time pleased that John Thomas will join the Board of Directors, and in that role secure a smooth transition to the new CEO. I want to thank John Thomas for his significant and invaluable contributions to the company for so many years. John Thomas has been instrumental in making EET Group a leading European technology distributor."

John Thomas said: "it has been a very difficult decision. EET Group has been on my mind 24/7 for the past 20 years. With the right successor in place, however, it is now time for me scale down and spend more time with my family. I am very grateful for the time I have spent with EET Group and proud of the results we have achieved, including strong financials, a great organisation, more than 40 acquisitions and a number of awards from customers and vendors."

To continue the successful journey of EET Group, the Board of Directors and the existing CEO have after a diligent process appointed Søren Drewsen, 51, who holds a Master of Science and Bachelor degrees in both Marketing and Organization from Copenhagen Business School. He joins EET Group from a position as Vice President and Group Managing Director and head of North Europe at Icopal/BMI Group.

Bo Rygaard, chairman of the Board of Directors, said: "Søren Drewsen has comprehensive executive management experience from different ownership structures in multinational operations and industries, and I'm confident that Søren Drewsen is the right profile to execute on our strategy of becoming the market leader within each of our seven defined business areas on a pan-European scale."

Søren Drewsen concluded: "I am extremely impressed with the development EET Group has been through in the past 15 years, and I am very excited to join the company. I'm looking forward to take EET Group into the next growth phase and deliver on the agreed strategy."