CybAero appoints vice president and deputy chair and sets date for annual general meeting

cybaero

The board of directors of CybAero AB has appointed COO Rolf Schytt to serve as the company’s vice president and board member Professor Anna Öhrwall Rönnbäck as the deputy chair. The Board of Directors has also set a date for the company’s annual general meeting: Thursday, April 9, 2015. The board of directors has appointed Claes Drougge, Mikael Hult and Anna Öhrwall Rönnbäck to serve on the election committee for the 2015 annual general meeting.

First North-listed CybAero, which develops and markets unmanned helicopters, embarked on an intense growth phase in 2014, which is estimated to continue for at least the next 5-6 years. In 2014, the company doubled its workforce from around 20 to almost 50 employees and is planning to make at least 25 more new hires in 2015.

“The board has decided to appoint both a vice president and a deputy chair of the board of directors in order to keep the management team flexible and fleet-footed in this key growth phase. Both our CEO Mikael Hult and I are responsible for sales duties within the company, and we therefore travel quite a lot. Work on the home front can’t be dependent on our physical presence,” says Board Chair Claes Drougge.

Long-standing experience from companies with intensive development and production operations
Rolf Schytt has been CybAero’s COO since April 2014. His most recent prior position was COO at Ocean Modules Sweden AB, which develops unmanned submarines. Rolf Schytt has long-standing and wide-ranging experience from companies with intensive development and production operations. Rolf Schytt has previously served as CEO of Motalaverken and Expander System Sweden AB.

Newly appointed professor to serve as deputy chair
Anna Öhrwall Rönnbäck has recently been appointed Professor of Product Innovation at Luleå University of Technology. Her most recent prior position was at Linköping University, where she furthered collaboration between academia and industry via several projects, including CAM, the Center of Business Development for Small Businesses, which aims to improve collaboration with the university and develop methods and tools for sustainable growth in SMEs.