Markus Wibergh has resigned as president and chief executive of Intersport Sverige, just as the Swedish retail group is coming out of Chapter 11 bankruptcy proceedings. He was replaced on Nov. 2 by Pontus Petersson, who had been serving as chief financial officer since 2017, after handling business development, logistics and IT over the previous seven years. Wibergh, who joined Intersport Sverige three years ago after running the Swedish operations of XXL, will remain involved as an advisor until February. A member of the board, Niclas Eriksson, who runs the utility company Elgiganten, has become its chairman. Speaking in behalf of Intersport Sverige’s suppliers, who have had to write off 75 percent of the debts, Martin Kössler, a keen observer of the Scandinavian sports and outdoor market, says that the retailer started its downturn after taking ownership of some of its most successful and best-run franchisees.