Ekornes has announced a leadership transition within its Group Executive Management, appointing Fredrik Ødegård Nilsen as new Group CEO. Tine Hammernes Leopold steps down from the role by mutual agreement with the Board, reflecting differing perspectives on how to execute the company's strategy moving forward.
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Ruihai Zhao, Chair of the Board, acknowledged Leopold's contribution during a complex period for the business: "On behalf of the Board, I would like to thank Tine Hammernes Leopold for a significant contribution during a period characterized by high complexity and challenging market conditions. Under Tines leadership she has developed the organization and established an important foundation for further improvement efforts. At the same time, the parties have now agreed on a change. We have great confidence that Fredrik Ødegård Nilsen will lead Ekornes forward with clear priorities and a high pace."
Leopold will remain involved for a transitional period. She commented: "It has been a privilege to lead Ekornes. I am proud of the work that we have accomplished together with employees, management, and the Board to position the company for the future. I sincerely wish Fredrik Ødegård Nilsen and the team every success in the work ahead. My focus now is to contribute to a seamless transition."
Nilsen, previously EVP & CFO, steps into the role with detailed knowledge of the organisation. He stated: "I am grateful for the trust and take on the role with great respect. I am assuming leadership of a company with significant potential that is well positioned for the future. My focus will be on creating clear direction, strong execution capability, and rapid impact in our most important priorities. We will strengthen operations and delivery capability, improve productivity, and ensure initiatives that make us an even better partner for our customers. Together, we will continue to build on Ekornes' strong brands and long-term opportunities."
More information:
Ekornes
www.ekornes.com
