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Ausblick: Sinch Registered stellt Ergebnisse des abgelaufenen Quartals vor

Stockholm, Sweden – July 20, 2022 – Sinch AB (publ), a global leader in cloud communications and mobile customer engagement, today announced that Sinch CEO Oscar Werner steps down from his position, constructive as of today'south date. The board of directors has appointed Johan Hedberg as interim CEO and will now initiate the search for a new CEO. Johan Hedberg is ane of the company'southward founders and was CEO from 2010 to 2018.

Over the past few years, Sinch has combined organic growth and strategic acquisitions to plant a leading position in the global market for deject communications and customer engagement. The visitor has broadened its production offering and increased revenues past 7x since 2018.

In calorie-free of a changing market environment with weaker macroeconomic sentiment, and with an increased focus on integration, consolidation and cost efficiency, the lath has agreed with Oscar Werner that the company, at this stage, needs a new CEO. As a outcome, the board has decided to initiate the recruitment of a new CEO.

Johan Hedberg assumes the office of acting CEO, effective immediately, and will work closely with the board and management to safeguard financial operation and improve profitability during the recruitment of a new CEO. Post-obit the implementation of Sinch's new operating model, which was announced on February 3, 2022, Sinch is organized into five business units with full profit and loss responsibleness.

"I want to thank Oscar for four years of potent commitment and hard work during which Sinch has transformed from a regional contender to a global leader in its field. With Johan Hedberg as interim CEO, I'm confident that we can deliver on our strategic priorities, meliorate cost control and secure continued, profitable growth", comments Erik Fröberg, chairman of the board of directors.

Oscar Werner will serve the board and CEO as Strategic Advisor during the discover menses.

For further information, delight contact

Ola Elmeland
Investor Relations Director
Mobile: +46 721 43 34 59
E-mail: investors@sinch.com

Thomas Heath
Primary Strategy Officer & Caput of Investor Relations
Mobile: +46 722 45 50 55
E-mail: investors@sinch.com

About Sinch

Sinch's leading deject communications platform lets businesses reach everyone on the planet, in seconds or less, through mobile messaging, email, vocalisation and video. More 150,000 businesses, including many of the world'southward largest companies and mobile operators, utilize Sinch'southward avant-garde applied science platform to engage with their customers. Sinch has been profitable and fast-growing since its foundation in 2008. It is headquartered in Stockholm, Sweden, and has local presence in more than 60 countries. Shares are traded at Nasdaq Stockholm: XSTO:SINCH. Visit us at sinch.com.

Sinch AB (publ) is required to publish this information pursuant to the EU Market place Abuse Regulation. The information was released for publication past the contact person above on July 20, 2022, at 19:30 CEST.

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Source: https://www.finanzen.at/nachrichten/aktien/sinch-initiates-search-for-new-ceo-1031602049

Posted by: mcdanielpridn1990.blogspot.com

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