Europris ASA announced that Mr. Pål Wibe has resigned as CEO in order to become the new CEO of XXL ASA. Mr. Wibe has been the CEO of Europris since March 24, 2014. The Board has initiated a search process to find a proper replacement. In the meantime, Mr. Wibe will carry on his duties alongside the experienced management team of Europris. Mr. Wibe will leave the company during the first half of 2020, at a time to be decided later.