Executive Change: Intrum Justitia appoints new Regional Managing Director for Switzerland, Germany and Austria

Thomas Hutter has been appointed Regional Managing Director for Intrum Justitia in Switzerland, Germany and Austria (the Dach region).

The current Regional Managing Director for the Dach region, Benno E Oertig, will assume the position as Senior Advisor to the Group Management Team and to President and CEO Lars Wollung.

Thomas Hutter joined Intrum Justitia 15 years ago, and has since then performed a successful career within the company. He is currently responsible for all operations in the Dach region, and has also been Managing Director for Intrum Justitia’s successful operations in Switzerland and Austria.

“I would like to thank Benno E Oertig for the impressive development of Intrum Justitia’s Dach region during the last 33 years. Benno E Oertig has also been a leading entrepreneur building up the whole Intrum Justitia group to the pan European market leader within CMS. I appreciate having him onboard as a Senior Advisor”, says Lars Wollung, President and CEO of Intrum Justitia.

“I am also very happy that Thomas Hutter has accepted the position as Regional Managing Director. He has a solid track record, and has extensive experience of leadership in the CMS industry. Thomas will be valuable both as a member of our Group Management Team, and as the leader of our Dach region”, continues Lars Wollung.

Thomas Hutter will take over as Regional Managing Director as of August 3, 2009.

Intrum Justitia is Europe’s leading Credit Management Services (CMS) group and offers services designed to measurably improve clients’ cash flows and long-term profitability. Intrum Justitia was founded in 1923, has around 3,400 employees in 23 markets and revenues of approximately SEK 3.7 billion. Intrum Justitia AB is listed on Nasdaq OMX Stockholm since 2002. For further information, please visit www.intrum.com.