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

  • MobilityXX: ‘Women pay more for safe transport’
    October 8, 2021
    Laura Chace, new boss of ITS America, is fully behind the MobilityXX initiative, which promotes the role of women in transportation. She tells Adam Hill why the ’10 by 10’ target is so important…
    Read More
  • Tolling faces up to unprecedented challenge
    October 9, 2020
    The next five years are likely to see a number of changes – but the tolling industry will be equal to them, thinks the IBTTA’s Bill Cramer. The best minds in the business are on the case…
    Read More
  • Q-Free wins $6.9m West Virginia traffic deal
    March 29, 2021
    State-wide advanced traffic management solution continues relationship begun in 2008
    Read More
  • Christopher Tomlinson to serve as IBTTA first vice president
    January 4, 2018
    Chris Tomlinson, executive director of the Georgia Regional Transportation Authority and State Road and Tollway Authority has been appointed first vice president of The International Bridge, Tunnel and Turnpike Association (IBTTA), which began on 1 January 2018. Next year he will serve as president of IBBTA. Through his role as the head of two state transportation authorities, Tomlinson provides executive leadership and strategic guidance for major initiatives in tolling, transit, and transportation
    Read More

Highlighted Content