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

  • December 4, 2013
    Alliance stages North American back office interoperability trial
    JJ Eden, President and CEO of the Alliance for Toll Interoperability, talks to Jason Barnes about the new inter-agency hub, which will facilitate national transactions When it comes to achieving interoperability, the sheer diversity of technologies in operation in the US is perhaps the tolling industry’s greatest defining characteristic and its biggest challenge. The situation is in stark contrast with some other regions of the world, such as Europe where the use of common front-end Dedicated Short-Range
    Read More
  • April 10, 2024
    AtkinsRéalis reorganises tolling operation
    Robert Horr replaces New Jersey DoT commissioner Fran O'Connor as national tolls director
    Read More
  • October 22, 2018
    Interoperability: towards the new frontier
    After six years of intensive research, testing and negotiation, the US tolling industry is well on its way to groundbreaking results in the effort to establish regional - and eventually national - toll interoperability, says IBTTA’s Bill Cramer. Interoperability has been a high priority on the US tolling industry’s agenda for more than a decade. But several factors made it a uniquely complex issue to resolve - including the number of agencies involved, the significant investments those agencies had already
    Read More
  • March 2, 2012
    ISS Europe appoints CEO
    Image Sensing Systems (ISS) has announced that Richard Wenham has been appointed as the CEO of the company’s subsidiary Image Sensing Systems Europe, headquartered in the United Kingdom. Wenham, who will report to Ken Aubrey, company president and CEO, joins the company from Ricardo, where he was director of Intelligent Transportation Systems and Hybrid Electric Vehicles. His experience includes over 20 years of both engineering and senior management experience in embedded systems, automotive and ITS.
    Read More

Highlighted Content