Gothenburg, Sweden, 2015-10-22 15:00 CEST (GLOBE NEWSWIRE) -- Gunnar Blomkvist has decided to leave Bilia’s employ after 32 years of service with the company, the last 15 years as CFO. Mr. Blomkvist will continue as CFO until the Annual General Meeting on 8 April 2016, after which he will serve as a member of Bilia’s management group for the rest of the year. Johnny Capor is 49 years of age and comes to Bilia from KF/Coop, where he has served as CFO since 2006 and has participated actively in implementing many of the strategic changes that have been made in the KF Group. For many years, Mr. Capor has been a member of the boards of the Folksam Life and Folksam Non-life insurance companies, as well as chairman of their Audit Committee. Furthermore, he has been a member of the board of the Second AP Fund since 2014, and is also chairman of their Audit Committee. Mr. Capor, who has an MPA and a BSc in Innovation Engineering, will begin his employment at Bilia on 1 December 2015 and assume the post of CFO after the Annual General Meeting on 8 April 2016. Per Avander, Bilia’s Managing Director and CEO, comments: “We are very pleased to welcome Johnny Capor to Bilia. Mr. Capor has broad experience and knowledge in finance and retail and will be a strong addition to Bilia’s management team. Mr. Capor will also be given plenty of time to learn how Bilia operates, which is important. I would also like to thank Gunnar Blomkvist for his excellent efforts for Bilia.” Gothenburg, 22 October 2015 Bilia AB (publ) For further information, please contact Per Avander, Managing Director and CEO, or Gunnar Blomkvist, CFO, Bilia AB, tel. +46 31 709 55 00.