Hacksaw AB has removed Group CEO Christoffer Källberg from his role, with board member Ana Vrabic Verdir taking over as interim Group CEO effective immediately. A formal search for a permanent replacement is underway, supported by a leading executive search firm.
Board Decision and Rationale
The Hacksaw board conducted what it described as a careful and thorough review of current leadership before concluding that a CEO change was necessary to better align with the group’s strategic direction. No further detail on the specific factors behind the decision was provided in the announcement.
Patrick Svensk, Chairman of the Board, acknowledged Källberg’s role in taking the company public.
“I would like to thank Christoffer for successfully having led the company’s IPO on the large cap list on Nasdaq Stockholm in June last year and for his valuable contributions thereafter with a solid financial performance. I wish him all the best for the future.”
Källberg has been with the company since before its June 2024 listing on Nasdaq Stockholm’s large cap segment. The IPO was a landmark moment for a B2B slot provider that had scaled rapidly across regulated European markets.
Interim Leadership and Board Changes
Ana Vrabic Verdir moves from non-executive board member to interim Group CEO. As a result of this appointment, she will no longer be considered independent from Hacksaw’s management and will step down from the board’s Remuneration Committee for the duration of her interim tenure.
The board confirmed that business and operations across Hacksaw’s subsidiaries will continue as normal. The group’s core team in Sweden remains in place, and the board stated its confidence in both the group’s performance and its strategic outlook.
Context: Performance and Momentum
The leadership change comes at a point of strong financial performance. Hacksaw posted Q1 2026 revenue of €57.6 million, up 28% year-on-year, with an adjusted EBIT margin of 82%. Full-year 2025 results showed 44% revenue growth, and the board proposed a dividend of €0.40 per share — a signal of confidence from shareholders at the time.
That backdrop makes the leadership change harder to read on strategic terms alone. The board’s statement that the move is intended to “further align with the Group’s strategic direction” leaves open the question of what direction, specifically, the outgoing CEO was seen as misaligned with.
The permanent search process is described as targeting a Group CEO with the experience and leadership capabilities to deliver on the group’s long-term strategy. No timeline for conclusion has been disclosed.
Source: Hacksaw AB
