Peter Possne, CEO and producer at Sweden’s Sonet Film is to leave the company after 29 years.

Possne, who was one of the founders of Sonet Film in 1984, said he wanted “to do something else with my life and be open to new and exciting experiences”.

Scandinavian major AB Svensk Filmindustri acquired Sonet Film including all the film rights from Modern Times Group in 2007 with Possne as CEO. Sonet Film has since then operated as an independent film producer within Svensk Filmindustri.

Possne has produced and co-produced more than 70 Swedish feature films during his career including False Trail, Patrik Aged 1.5, The Importance of Tying Your Own Shoes, Simple Simon, The Hypnotist, Sebbe and current release Nobody Owns Me.

This year has seen Possne lay the foundation for a new TV drama department within Sonet, which is currently developing new projects based on the works of Kerstin Ekman, Henning Mankell, Håkan Nesser and Anne Holt among others.

In a statement, Possne said: “After almost 30 years as CEO and producer for Sonet Film I have decided to move on. I have run the company more than half of my life – it has been a long, intense, but more than anything else fantastic and joyful journey.

“Now, I simply want to do something else with my life and be open to new and exciting experiences. I wish my friends at Svensk all the best for the future.”

Jonas Fors, CEO at Svensk Filmindustri, wished Possne “all the luck in his future endeavors”.