#Sweden #CFO #Stockholm #Karo Healthcare #Karine Martin

Karo Healthcare Appoints Karine Martin as Chief Financial Officer

Karo Healthcare has announced the appointment of Karine Martin as its new Chief Financial Officer (CFO) and a member of the Corporate Management Team. With a solid background in financial leadership that spans over 20 years, Karine is set to play a pivotal role in ensuring the ongoing development and financial optimization of Karo Healthcare.

Extensive Experience in Financial Leadership

Karine Martin's career is marked by her extensive international experience in various finance-related domains including corporate finance, financial planning and analysis, mergers and acquisitions, and large-scale transformation initiatives. She began her professional journey at Unilever and has since excelled in senior financial roles at esteemed organizations such as GE Healthcare, Ecolab, Intertek, and Electrolux. Most recently, she served as CFO and Group Chief Financial and Transformation Officer at the Stock Spirits Group, where she was instrumental in leading significant efficiency and transformation programs, notably developing the Fuel for Growth initiative that enhanced the company’s operational framework.

Strong Leadership Welcomed by Karo

Christoffer Lorenzen, CEO of Karo Healthcare, expressed enthusiasm over Karine's joining, emphasizing her broad international experience and proven success in financial transformation. "We are very pleased to welcome Karine to Karo. With her broad international experience, strong financial leadership, and proven transformation track record, she will be instrumental in supporting Karo's continued development and further strengthening our financial platform," he stated.

A Vision for Financial Efficiency

In her own words, Karine shared her eagerness to contribute to Karo during this noteworthy period of growth. "I’m excited to join Karo at such an important stage in its development. Karo has built a strong foundation and a clear strategic direction. I am passionate about efficiency and believe it starts with clarity. When processes are simpler and teams are empowered, performance improves naturally. Helping people grow is the aspect of my role I enjoy the most," she conveyed, highlighting her commitment to enhancing financial capabilities while fostering a supportive environment for the Karo team.

Transition and Future Plans

Karine Martin succeeds Egil Mølsted Madsen, who has adeptly guided Karo through a significant transition, which included the exit process and the shift to new ownership. Egil’s tenure was marked by his successful efforts to strengthen Karo's financial foundation and to position the finance department as a key partner within the organization.

Anticipated to officially step into her role in April, Karine will operate from Karo's Stockholm headquarters, where she aims to position finance and IT as crucial enablers of business growth and improved decision-making.

About Karo Healthcare

Karo Healthcare, headquartered in Stockholm, is a prominent European consumer healthcare company dedicated to providing smart choices for everyday healthcare. The company’s trusted products are available in over 90 countries and include notable brands such as Lamisil®, E45®, Pevaryl®, and many more, reflecting Karo's commitment to empowering individuals to lead their lives to the fullest.

As Karine takes on her new responsibilities, the focus remains on aligning Karo's finance strategies with its broader growth objectives, ensuring a sustainable and efficient operational framework that supports the company's ambitious future endeavors. Karo is set to continue leveraging its expertise to enhance healthcare solutions globally.