The Board of Directors of Foxway has appointed Patrick Höijer as the new CEO, marking a leadership transition aimed at preparing the company for its next growth phase. Patrick Höijer will succeed Martin Backman, Foxway’s Co-Founder, who will assist during the transition and remain a shareholder.

Foxway, a leading circular tech services provider in Europe, helps customers source, lease, refurbish, and resell IT equipment. Since its foundation in 2009, the Sweden-based company has grown significantly, achieving a turnover of 660 MEUR in 2023 with over 1000 employees and customers in more than 100 countries. In 2023, Private Equity firm Nordic Capital became a majority owner to support Foxway’s strong growth trajectory.

Patrick Höijer, who brings extensive B2B industry experience from fintech and telco sectors, will assume the CEO role following an international search process. He was most recently the CEO of Precise Biometrics and has held senior positions at Nets Group, Tele2, and E.ON. His leadership is expected to drive Foxway’s global expansion both organically and through acquisitions.

Per Hallius, Chairman of the board of Foxway emphasised on the group’s sustainability under the new CEO, stating that “We believe the company’s ambition to transform the tech industry, by promoting a more circular business model, has great untapped potential..”. Meanwhile Patrick Höijer, incoming CEO, already pictured the group’s commitment to zero waste, mentioning that “…Foxway, which clearly has a very experienced team dedicated to help customers support their digitalization while also reducing their carbon footprint”.