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 Urban Traffic Control Charging, Tolling & RUC

For more information on companies in this article

Related Content

  • “There will be no driverless cars on a dead planet”
    October 11, 2022
    ‘Smart’, ‘intelligent’ and ‘advanced’ are great words when they’re applied to mobility – but just make sure they can actually change the world for the better, warns Professor Glenn Lyons
    Read More
  • #ITSDubai2024: Driving the future of mobility through ITS
    August 30, 2024
    The ITS World Congress 2024, set to take place in Dubai from September 16-20, promises to be a landmark event for the global ITS community. Here is an in-depth look at what visitors can expect from their time at the cutting edge of mobility technology...
    Read More
  • Green light for new approach to bus services in Liverpool
    December 4, 2015
    UK public transport operator Merseytravel is to enter into a formal ‘bus alliance’ initially with operators Arriva and Stagecoach, who together operate 90 per cent of commercial bus services in the Liverpool City region, focused on increasing the number of fare paying passengers, improving customer satisfaction and driving up investment for the benefit of all who use bus services. The ambitious growth target of a 10 per cent increase in passenger journeys, the equivalent of over nine million more journey
    Read More
  • Three for Q-Free in the US
    May 1, 2025
    Kinetic Mobility will be used in Denver, Washington DC and Dallas-Fort Worth
    Read More

Highlighted Content