Vagabond has announced that Mats Nilsson will step down from his position as CEO of the footwear brand after twenty years. His successor will be Anders Odén. Odén has been working for Vagabond since seven years, previously as Finance and Sales Manager and most recently as Vice President.

Nilsson remains Chairman of the Board and Executive President of the brand to push further development. Marie Nilsson Peterzén, co-founder of Vagabond, will take over the position of Vice President. She will remain Creative Director and still be in charge of produst management, sales and marketing.