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Group Management

The Group management works alongside the CEO, and together they are responsible for day-to-day operations. The Group management comprises the CEO, CFO, M&A, VPO and IR Director. The Group management normally meets every month to go through the previous month's results, to update plans, guidelines and applicable decisions, and to discuss strategic issues. An extended strategy meeting is held with the Board of Directors every year, and other meetings are held as necessary. The Group management decides jointly, in accordance with the guidelines determined by the Board of Directors in the instruction regarding the division of work between the Board and the CEO, on issues that are long-term and strategic in nature, such as corporate development, marketing, financing, investments and environmental issues. The Group management also prepares issues that have to be decided by the Board.
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Lars Stenlund, CEO

Founder of Vitec (1985) together with Olov Sandberg. PhD in Applied Physics (1987) at Umeå University. Born 1958. Board member of  Umeå University, Umeå University Holding AB and Treac AB.

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Lars Eriksson, VP, M & A

Employed since 2011. Civil Engineering, Industrial Economics (1979), Linköping. Born 1955.
Long experience of business development and acquistions. 


Olle Backman, CFO

Bachelor of Business Administration, Accounting and Finance, Uppsala University (1994). Born 1969.

Professional experience: CEO of Eitech AB. Many years of experience as CEO, CFO and board member assignments.

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Patrik Fransson, VP, IR-Officer

Employed since 2011. Bachelor's degree, Computer Science and MBA Executive program, Stockholm School of Economics. Born 1966.
Professional experience: Logica Inc Outsourcing Director, CIO H&M, CEO CodeFactory AB.