The control system specialist Cross Country Systems will get Peter Lageson as their new CEO. The company expects 2008 to be a record year and is hoping that they now will become world leading. Other future goals are stock market introduction and further expansion abroad.

Peter Lageson will take over after Jan Carlsson as CEO for the control system specialist Cross Country Systems, CC Systems. The company, with its head office in Alfta outside of Bollnäs, has since 1991 developed control systems for forest machines and industrial vehicles. Thanks to a high inflow of orders the company has expanded several times since the start. Orders from among others Atlas Copco and John Deere has made the company believing that 2008 will be a record year.

Believes in a bright future
Chairman of the board, P-O Eriksson, expects that the new CEO will raise the company further. “We wanted someone that could help us forward. We know that our owner Provider Venture in a few years wants us to be introduced to the stock market. We believe Peter Lageson can contribute in that process.” Despite of the fact that Peter Lagesons has no experience of the control system business he believes in a bright future for CC Systems. He sees the size of the company as a great strength.

“Small companies can easier adjust to customer demands and can that way easier take marketshares. I believe in CC Systems products and am convinced that they have good possibilities to be a market leader within their segment in the future.”

Want to grow even further
An important step in the expansion plans is to reduce the manufacturing-costs. Last year the company opened a factory in Malaysia to be able to reduce the production costs. According to P-O Eriksson it is not unthinkable that the company expands even further in countries with lower salary levels than Sweden. But Sweden will henceforth be CC Systems headquarters and recruitments are ongoing. The company’s present CEO will resign after 17 years on the post. He will continue to follow CC Systems from the board room. As vice-chairman he will continue to have a prominent role in the company. 

The article was written by Louise Axelson, and published the 26th of August 2008 in Dagens Industri. CC Systems have translated the article to English. To the article (in Swedish)