Peter passed away Friday, 2 November, after losing his courageous battle against illness.

“Peter was a very gifted, knowledgeable, warm and dedicated man. He had a wealth of experience and made a huge impact on steering our company in the direction we are headed today”, said Tommy Gustavsson, Owner and Chairman of the Board. “Peter was a dear friend and I am deeply saddened by his passing. His contributions in the board room was valued immensely, and I will always remember him for his wisdom and many contributions to the company”.

Peter has a history of remarkable achievements, he was a valued member and chairman of several company boards, and he had almost three decades of experience in senior positions from H&M Hennes & Mauritz AB, where he served as Global Head of Treasury & Cash Management from 2004 to 2011. He also held the position as their U.S. Manager from 2001 to 2003.

“It is with a heavy heart that we remember Peter and his many accomplishments. He left a profound impact on those he met and worked with, and I am very grateful and proud to have had the fortune of both knowing him and working with him. Peter continuously challenged us, he was a wonderful debater inside the boardroom, always willing to voice his opinions. His engagement brought out the best in us, and Alektum Group is better off because of his sharp mind and visions”, said Mats Augurell, CEO.

Again, we want to offer our heartfelt condolences to Peter’s family and friends at this difficult time.

Mats Augurell, CEO
Tommy Gustavsson, Owner and Chairman of the Board