Sandnes, 01.10.2025 – Horisont Energi AS ("Horisont Energi", ticker: HRGI) announces that Chief Executive Officer Leiv Kallestad will leave the company effective October 1st , 2025.
During his tenure, Mr. Kallestad has played a central role in extending the capital runway of the company, hence securing a sustainable financial foundation for the company, including facilitating the entry of a new majority owner. He has led the company through a particularly demanding period, marked by macroeconomic headwinds affecting the pace of establishing a commercial basis for the green transition, which has slowed down to a snails pace.
“I want to express my gratitude and appreciation for the opportunity to work with a strong and dedicated team at Horisont Energi, emphasising the positive experiences gained throughout this period with an incredible group of people that never gave up the pursuit of making a meaningful contribution to clean energy and accelerating the green transition. The company is now entering a new phase, where the new owners and the new Board will set the direction for Horisont Energi going forward.
I will act as an advisor to the board and management until the end of the year.
The Board of Directors thanks Mr. Kallestad for his significant contributions and leadership and wishes him every success in his future endeavors. The Board has appointed Brita Holstad, currently the CCO, to the role of CEO for the company.
For further information, please contact:
Leiv Kallestad
Former CEO
+47 9589 5661
leiv.kallestad@horisontenergi.com