Malin Wadsby Is Appointed CFO of Cibes Lift Group

Malin Wadsby, is appointed CFO of Cibes Lift Group, while current CFO and VP Business Support, Mathias Brandhammar, assumes the strategic role of Vice President M&A, Strategy and Business Support.

As the Cibes Lift Group continues to expand, the company strengthens the Cibes Executive Management Team with Malin Wadsby, who is recruited to the position of CFO to drive profitable growth forward. Malin has extensive international experience from various financial management positions at Vestas, Ørsted and Sandvik. She holds a Master of Science in Industrial Engineering and Management from the Linköping Institute of Technology and a Bachelor of Science in Business and Economics from Stockholm University.

“I am really looking forward to working together with the talented financial teams across the world to ensure the strong and healthy financial development we need to keep growing at a fast and sustainable rate”, says Malin Wadsby.

Malin Wadsby succeeds Mathias Brandhammar as CFO and Mathias takes on the role of Vice President M&A Strategy and Business Support.

“With Mathias in his new strategic role, and Malin as our new CFO, I am confident that we have the people with the right mindset and skills in place to take the growth journey of Cibes Lift Group to the next level. I am very happy to welcome Malin to the Cibes family, and I am confident that she will be a great asset to our company”, Per Lidström, CEO of the Cibes Lift Group, concludes.

Malin Wadsby and Mathias Brandhammar will be members of the Cibes Executive Management Team and report to CEO Per Lidström. The appointments are effective as of August 16th, 2021.