Anton Magnusson is the new CEO of Hestra

Anton Magnusson, new managing director of Hestra Gloves

Anton Magnusson (30) was appointed by the Board of HESTRA-Handsken AB
as Managing Director of HESTRA-Handsken AB and Martin Magnusson & Co.
AB was appointed. Anton Magnusson assumed the new role with effect from
August 12, 2019.

His uncle Svante Magnusson will continue as product manager for the
Dress Gloves division and as a member of the board of HESTRA-Handsken AB
will be active. Claes Magnusson will also continue unchanged as the
Product Manager for the Sports Gloves division and as a member of the
Board of Directors. As deputy business manager for HESTRA Handsken
AB and Martin Magnusson & Co AB was Charlotte Carlsson
taken over.

Many years of experience in production
In recent years, Anton Magnusson has worked for Hestra-owned
production facilities for high-quality gloves. At
In the course of this activity, Anton Magnusson has proven to be a competent and appreciated
proven executive who is ready to assume the position of managing director of the
Group to take over. "His know-how in production is a
crucial basis for moving the company forward, developing new
to develop growth areas and to respond to the more dynamic market
we are facing today," say Svante Magnusson and
Göran Larsson, Chairman of the Board. Anton Magnusson has been on the

family-owned company and was previously responsible for the worldwide production facilities
of the company. During his time with the company, he was
Managing Director for the company's production facility in Hungary and has
most recently commissioned a new factory in Vietnam.

"I am excited to take on this new role and will do so both
with humility as well as with confidence towards the opportunities and
challenges do. I am honored to hold the position as Managing Director
for our family business and enjoy the trust,
to continue this. We are a company with a long history, great
colleagues and a positive spirit that will continue to be of great value to
will have on us. I am also looking forward to being a more inclusive and active
role within our market efforts than in the past,
So far, the majority of my attention has been focused on the management
of our factories," says Anton Magnusson.

Three generations of managing directors in the company: Lars-Olof Magnusson (center), Svante Magnusson (left) and Anton Magnusson (right).

About Hestra:
Hestra is one of the leading international glove manufacturers in the ski, outdoor and leisure sectors. Design and products the company develops in collaboration with some of the world's best skiers and professional adventurers. The family business was founded in 1936 in the small town of Hestra in Småland, Sweden - where one of Sweden's first ski slopes was built at the same time.