RaySearch CEO resigns

The chairman of RaySearch Laboratories, Erik Hedlund, has resigned from the board of directors, effective immediately.

The firm said that Hedlund's departure occurred "following disagreement with the CEO." The company's board of directors backed the CEO.

The company has appointed board member Carl Filip Bergendal as its new chairman until RaySearch's annual general meeting in May 2017. RaySearch said it thanked Hedlund, who has been a board member since 2000, for his contributions to the firm.

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