DANDERYD, SWEDEN -- NOTE AB named Göran Jansson acting CEO and president, replacing Knut Pogost, who assumed the role atop the electronics manufacturing services company just last June.

At the time, Pogost was executive vice president, responsible for developing group strategy. NOTE, a top 50 global EMS company, lost 62.7 million euros in the third quarter of 2009, and 87.2 million euros through the first nine months of 2009.

In a statement, chairman Bruce Grant said NOTE has faced "big challenges to adapt costs and services to a lower demand in the EMS market. Significant cost reductions have been carried through the latest years and the major part of the manufacturing is now conducted in NOTE's international subsidiaries. We will now increase our focus on cost and capital efficiency to be a leading supplier in the Nordic market.

"The Board of Directors believes that a changed leadership is required and has initiated a recruitment to find a successor for Knut Pogost."

Pogost did not release a statement.

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