Press release eGain Group Appoints Sven-Olof Husmark as New CEO

Veteran Technology Executive Joins to Lead the Company Into its Next Phase of Growth and International Expansion.

eGain Group, a leading technology and service provider of optimization and climate-based control of heating in multi-apartment buildings, announced today Sven-Olof Husmark as the company’s CEO.

Husmark comes to eGain from the Qmatic Group, the world leader in customer journey management technology and insights, where he during the past nine years has had several senior management positions, most recently as the Group’s CMO.

“Sven-Olof brings extraordinary leadership and business expertise to eGain in a time when we are gearing up our investments in market growth”, said Tom Even Mortensen, eGain’s Chairman of the Board. “His experience from international, technology growth companies, his passion for servicing customers at a global scale, and his team player attitude make him an extraordinary fit for eGain.” continued Mortensen.
With 20 years of successful B2B technology leadership experience, having delivered enterprise-class technology solutions for customers around the world, Husmark has a strong understanding of the new digital paradigm and how to develop organizations, programs and solutions to maximize a company’s opportunities.

“I am excited to join the highly talented and dedicated team at eGain,” Husmark said. “Since 2003 eGain has sustained human life by making buildings smarter, more cost efficient, comfortable and environmentally friendly. eGain is well poised for its next phase of growth in helping property owners drive an increased valuation of their estate. eGain has an outstanding culture of innovation excellence and the company’s purpose is important in a time when energy efficiency and protection of the environment is more important than ever.”

Sven-Olof Husmark will assume the position on July 1st, 2017. Tom Even Mortensen, today Interim CEO will at that point fully focus on the position as Chairman of the Board.

For more information please contact:
Tom Even Mortensen, Chairman, eGain Group, +47 982 29 650 – tem@egain.se

eGain develops and delivers the leading cloud service – eGain forecasting™. Based on smart sensor data points, energy balance calculations, artificial intelligence and detailed weather forecasts, energy consumption is optimally controlled in apartment buildings, resulting in improved tenant comfort, lower heating costs and reduced environmental impact. eGain was founded 2003 with HQ in Kungsbacka, Sweden. Currently eGain is serving more than 4,000 buildings, 250,000 apartments and 14 million sqm in 11 countries. The majority owner of eGain is Summa Equity. For more information please visit www.egain.se