Sleep Cycle's chairman chooses against standing for re-election
Sleep Cycle AB, the leading sleep tracking application with millions of daily active users worldwide, has announced that its current chairman of the board, Lars Berg, will be stepping down from his position.
Lars Berg, who has been at the helm since the company's initial public offering (IPO), has decided not to seek re-election at the 2023 annual general meeting. Berg accepted the role with the promise to lead the work of the board of directors through the IPO and a few years thereafter. He believes it is now a natural time to let someone else take over his assignment.
Sleep Cycle, based in Gothenburg, Sweden, is a high-growth company with good profitability and strong cash generation. It is listed on Nasdaq Stockholm under the ticker SLEEP. The company's mission is to improve global health by empowering people to sleep better.
Sleep Cycle's mobile application is one of the world's most comprehensive sources for statistics on sleep. It helps users fall asleep more easily, tracks and analyzes sleep during the night, wakes the user in a light sleep phase, and provides insight into how sleep quality is best improved.
As of mid-2024, there is no publicly available information confirming the successor to Lars Berg as chairman of Sleep Cycle AB. For the most current information, it is recommended to check Sleep Cycle AB’s official announcements or investor relations communications directly.
For press inquiries, Malin Abrahamsson, Head of PR for Sleep Cycle AB, can be contacted at press@our website or by phone at 46 73 972 6424. Per Andersson, CFO and Head of Investor Relations, can be reached at per.andersson@our website or by phone at 46 70 939 5327.
Sleep Cycle's website for investors can be found at https://investors.our website. Sleep Cycle is one of the world's most comprehensive sources for statistics on sleep and contributes to research and reporting on sleep worldwide.
- The finance department of Sleep Cycle AB, a high-growth company based in Gothenburg, Sweden, could benefit from a technology-driven approach to analyze and improve their extensive sleep statistics data.
- The successful revenue generation and strong cash flow of Sleep Cycle AB, listed on Nasdaq Stockholm, indicate a promising potential for business expansion and innovation in the sleep technology sector.
