Swedish software company Fortnox has reappointed Tommy Eklund as its chief executive, bringing back the former leader just days after the company was taken over by a consortium led by private equity firm EQT.
The appointment is effective immediately, the company said in a statement on Monday.
Eklund, who previously served as CEO from 2020 to 2024, replaces Roger Hartelius.
Hartelius had been acting CEO and will now resume his permanent role as chief financial officer, the company said.
The leadership change follows the installation of a new board of directors on July 9, which was requested by the EQT-led group after it secured control of the company.
"With new owners and as a private company, we have the opportunity to take the next step in our development with both strength and speed," Eklund said.
Fortnox's new chairman, Harry Klagsbrun, said the board is convinced Eklund is the right person to guide the company into its next phase.
Fortnox is scheduled to be delisted from the Nasdaq Stockholm exchange on July 24.
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