Skip to main content

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.

Related Content

  • June 11, 2012
    Growth of outsourcing simplifies transportation operations
    Xerox Chairman and CEO Ursula Burns will deliver the keynote address at the opening plenary of ITS America’s 2012 Annual Meeting in May. She talked to ITS International about the acquisition of ACS, its rebranding and the importance of the transportation sector to Xerox
  • August 22, 2014
    Leading transportation authority join’s Cubic’s advisory board
    Cubic Transportation Systems has appointed leading transportation authority Professor David Begg to its advisory board. Professor Begg is a regular advisor to the UK government on strategic road, rail and airport infrastructure projects. He also serves as a non-executive director of Heathrow Airport Holdings (formerly BAA), is visiting Professor in Sustainable Transport at Plymouth University and a sought-after media commentator on transportation-related matters. Cubic established its advisory board
  • May 24, 2023
    Tolling: it’s time to open up
    Europe sees more and more tolling schemes being implemented based on GNSS technology and an ‘open marketplace’ model. What are the drivers behind this trend and do those schemes show how toll systems will look in the future? Peter Ummenhofer of Go Consulting goes out on the road
  • March 6, 2018
    WSP appoints Peter Todd to lead asset & network performance Business
    WSP has appointed Peter Todd to lead its asset & network performance business across Australia in April 2018, where he will spearhead a strategic growth area that intends to offer smarter ways to manage road network operations and optimise infrastructure performance. Todd will manage a team of advisors and technical specialists focused on asset management, asset inspection and assessment. He was previously deputy chief executive at Vicroads, responsible for coordinating investment and design services