Falck continues as Q-Free CEO

Thomas Falck, who has been acting as Q-Free’s CEO on a contract basis since January 2014, has been appointed CEO from 1 January 2015. Falck says he has had a hectic first year at Q-Free, and is positive about taking on the role permanently.
December 23, 2014 Read time: 1 min
Thomas Falck, who has been acting as 108 Q-Free’s CEO on a contract basis since January 2014, has been appointed CEO from 1 January 2015.

Falck says he has had a hectic first year at Q-Free, and is positive about taking on the role permanently. “Q-Free has competent and dedicated employees and we operate in a very exciting market. Together with good colleagues, customers and partners, I look forward to contribute to further develop the intelligent transport market and to build a more stable and profitable company,” he says.

“We are pleased that Thomas Falck has accepted a permanent employment as CEO in Q-Free. Q-Free has undergone important strategic changes during 2014, and the board is of the opinion that Falck will further develop Q-Free going forward,” says chairman of the board, Terje Christoffersen.
Detection, Monitoring & Machine Vision Urban Traffic Control Charging, Tolling & RUC

For more information on companies in this article

Related Content

  • Incoming chair of ITS America looks at the road ahead for ITS
    June 3, 2015
    Jill Ingrassia, incoming chair of ITS America, on the exciting and challenging road ahead. Question: You have been a member of the Board of ITS America since 2008. What, for you, have been the top few standout achievements in that time? Answer: Hosting the 2014 ITS World Congress in Detroit is a clear standout. The meeting was a great convergence of the right people, in the right place, at the right time. The newsworthy events at the World Congress created energy and excitement about ITS America and the fut
    Read More
  • Q-Free reports a positive third quarter
    October 31, 2013
    profitability in the third quarter. Revenue increased 10 per cent to US$28.6 million, with operating profit of US$8.4 million and a profit before tax of US$1.2 million. This compares to a negative operating result of US$3.9 million and a loss before tax of US$3.7 million in the third quarter 2012. Q-Free has also strengthened its efforts in advanced transportation management systems (ATMS) through an investment in the American traffic management company Intelight in Tucson, Arizona, and acquisition of th
    Read More
  • New chair for ITS New Zealand
    December 16, 2024
    Armin Guttke replaces Mike Rudge, who joined NZ Transport Agency Waka Kotahi
    Read More
  • Q-Free reports increased revenue for first quarter of 2014
    April 30, 2014
    Q-Free reported 22 per cent increase in revenues to US$28 million in the first quarter of 2014, reflecting continued growth for products and service and maintenance but lower projects revenues. Operating profit (EBIT) increased to US$166,000 from an operating loss of US$8.8 million in the first quarter of 2013; pre-tax profit improved to US$333,000 from a loss of US$9.1 million in the same period last year.
    Read More

Highlighted Content