Q-Free appoints new CFO

Q-Free has appointed Tor Eirik Knutsen, currently Group CFO for Norsk Mineral, as its new chief financial officer. He will join Q-Free by the beginning of October 2017. Knutsen brings with him a diverse financial background, which includes experience with M&A transactions, business development projects and cost optimisation initiatives and the company is confident he will play a key role in restoring profitable growth in Q-Free. He replaces current CFO Roar Østbø, who has decided to pursue other career o
April 6, 2017 Read time: 1 min
108 Q-Free has appointed Tor Eirik Knutsen, currently Group CFO for Norsk Mineral, as its new chief financial officer. He will join Q-Free by the beginning of October 2017.

Knutsen brings with him a diverse financial background, which includes experience with M&A transactions, business development projects and cost optimisation initiatives and the company is confident he will play a key role in restoring profitable growth in Q-Free. He replaces current CFO Roar Østbø, who has decided to pursue other career opportunities.

President and CEO, Håkon Volldal thanked Østbø for his dedication to Q-Free, saying he has been instrumental in transforming the company from a pure tolling company into a modern ITS company.
Detection, Monitoring & Machine Vision UTC Charging, Tolling & RUC

Related Content

  • August 2, 2012
    Tracy Marks appointed as president of TransCore ITS
    TransCore ITS has announced that Tracy Marks has been named as president, succeeding John Simler. Marks joined the company in 1993 and most recently served as senior vice president of both the Southern US and international regions. In addition, he has been general manager of United Toll Systems, a growing product division within TransCore ITS.
    Read More
  • January 20, 2021
    Q&A: IBTTA president Mark Compton
    Mark Compton is CEO of the Pennsylvania Turnpike Commission (PTC) in Middletown, PA. IBTTA's Bill Cramer sat down with Mark to learn a bit more about his background and interests
    Read More
  • October 24, 2024
    IBTTA's Pat Jones: 'It’s about expanding people's comfort zone and mine as well'
    For two decades, Pat Jones, has been executive director and CEO of IBTTA. As he approaches retirement at the end of this year, he talks to Adam Hill about a career spent ‘stretching and growing’ – and helping others to do the same
    Read More
  • December 15, 2016
    Jenoptik appoints new chairman
    The Supervisory Board of Jenoptik has appointed Dr Stefan Traeger as future chairman of the company’s Executive Board for a term of three years. Traeger, currently a member of the Management Board of the Swiss Tecan Group, will succeed Dr Michael Mertin and is expected to take over his post in the second quarter of 2017. Traeger will manage the Jenoptik Group together with Hans-Dieter Schumacher, who has been chief financial officer of Jenoptik since April 2015.
    Read More

Highlighted Content