Tom Erik Foss-Jacobsen assumed his position as Borregaard's new CEO on 1 August
(see notice to Oslo Stock Exchange 23 May 2025).
"Borregaard is well positioned with six production units, three R&D centres, and
thirteen sales offices in key markets across Europe, the Americas, and Asia. We
will continue to build on this solid foundation and our highly skilled
organisation to advance our strategy of specialisation and value growth.
Borregaard will continue to build on a strong legacy of specialisation and value
growth. With a deep understanding of our organisation, operations, and strategic
priorities, I am confident in our collective ability to continue driving
sustainable growth and delivering long-term value for Borregaard and its
stakeholders," says CEO Tom Erik Foss-Jacobsen.
Changes in Borregaard's Group Executive Management:
Knut-Harald Bakke has been appointed Executive Vice President of the
BioSolutions business area. (See notice to Oslo Stock Exchange 13 June 2025).
Bakke previously served as Director of Investor Relations and earlier held the
position of Energy Director at Borregaard.
Kari Strande has been appointed Senior Vice President, Human Resources with
responsibility for people and organisational development. Strande previously
served as Head of the HR Department.
Dag Arthur Aasbø will continue as part of the Group Executive Management as
Senior Vice President, Public Affairs and Sustainability. He will continue in
his role within public affairs and will also assume overall responsibility for
sustainability.
Ole Gunnar Jakobsen will continue as part of the Group Executive Management as
Executive Vice President, Manufacturing and Technology with overall global
responsibility for manufacturing and technology across Borregaard's production
units. Jakobsen previously served as Plant Director for the biorefinery in
Sarpsborg.
For more information about the Group Executive Management Team effective from 1
August, please see https://www.borregaard.com/company/organisation/the-group-
executive-management.
Contact:
Per Bjarne Lyngstad, CFO, +47 952 44 515
This information is subject to the disclosure requirements pursuant to Section
5-12 of the Norwegian Securities Trading Act.