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

  • Detroit bridge to 'enhance community connectivity and mobility'
    February 23, 2024
    Gordie Howe International Bridge will link trail systems between Canada and the US
    Read More
  • No in-road equipment for Queensland's free flow toll bridge
    February 1, 2012
    By May this year, the new Gateway Bridge in Brisbane, which is being built alongside an existing bridge, will be open. With it will come an end-to-end free-flow tolling system. Interview with Sue Caelers, Queensland Motorway Ltd. Queensland Motorways Ltd owns and operates 61km of roadway in the area around Brisbane, Australia. This includes the Gateway Bridge and the Gateway Extension, Logan and Port of Brisbane motorways.
    Read More
  • Q-Free and Raytheon bring MassDoT toll into focus 
    May 14, 2020
    Contract aimed at reducing need for manual review of images
    Read More
  • Nidec appoints Hiroyuki Yoshimoto new president
    July 3, 2018
    Nidec, a Japanese manufacturer of electric motors - whose Italian subsidiary released an ultra-fast charger for electric vehicles - has appointed Hiroyuki Yoshimoto as president. He will take over 30% of the responsibilities of the company’s founder, Shigenobu Nagamori, the company says. Nagamori is now also chairing the board of Kyoto Gakuen Educational Foundation that manages Kyoto Gakuen University. He will help develop students who are training to become engineers. “Yoshimoto is young and ambitious a
    Read More

Highlighted Content