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

  • Liberty Electric Cars participates in ‘Deliver’ project
    April 27, 2012
    Liberty Electric Cars has been selected to become one of the major partners of the project thanks to its extensive experience in electric commercial vehicle engineering and design. Its team of experts played a crucial role in the development of the Modec truck, a range of 5.5t commercial vehicles that have been sold to a wide variety of customers across Europe. Operators of the Modec truck include global companies like FedEx, UPS, Tesco’s and Veolia. Their unique team of engineers have created EVs that have
    Read More
  • New managing director for TMP
    February 21, 2014
    Traffic Management Products (TMP) has announced the appointment of a new managing director. Daniel Robinson will take on the role on 14th April 2014. Dan joins the company from the London Borough of Southwark, where he was the senior lighting engineer and former chairman of the Young Lighting Professionals. Speaking of Dan’s appointment, TMP chairman Richard Dewhurst said “I am delighted that Dan has decided to join TMP. He has excellent industry knowledge, is highly thought of by his peers and we
    Read More
  • Tolling agencies build resilience into highway operations
    August 6, 2013
    IBTTA executive director and CEO Patrick D. Jones looks at tolling’s resilience in an increasingly unpredictable and cash-strapped world. Turbulent times call for transportation agencies to move smarter. That’s why resilience and preparedness have become watchwords in every aspect of tollway operations. From having the financial resources to invest in construction, maintenance and roadway operations, to having up-to-date emergency plans and social media strategies to cope with severe weather, tolling agenci
    Read More
  • Siemens USA bolsters government affairs
    February 16, 2021
    Obama adminstration USDoT veteran Brie Sachse is taking lead role in company's team
    Read More

Highlighted Content