Henning Jensen steps down as CEO of Kongsberg Automotive ASA, effective
immediately. Also, effective immediately, Norbert Loers and Robert Pigg have
been appointed interim co-CEOs until the Board appoints a new CEO.
Norbert Loers is currently CFO of Kongsberg Automotive. He assumed the position
of CFO in January 2017. Robert Pigg currently holds the position of Senior Vice
President, Off-Highway Business Unit of Kongsberg Automotive and assumed his
position in May 2006.
The Board extends its sincere gratitude to Mr. Jensen for his many years of
dedication, hard work and improvements at KA, particularly for the successful
turnaround of KA's businesses and for leading the company through the ongoing
Covid-19 pandemic.
The process of finding a new CEO has been initiated.
For additional information, please contact:
Firas Abi-Nassif, Chairman of the Board: firas.abinassif@teleioscapital.com
KA Investor Relations, corporate.communications@ka-group.com
Kongsberg Automotive provides world class products to the global vehicle
industry. Our products enhance the driving experience, making it safer, more
comfortable and sustainable. With revenues of approx. EUR 1.1 billion and
approximately 11.000 employees in 19 countries, Kongsberg Automotive is truly a
global supplier. The company has more than 25 production facilities worldwide.
The product portfolio includes seat comfort systems, driver and motion control
systems, fluid assemblies, and industrial driver interface products developed
for global vehicle manufacturers. Find more information at
www.kongsbergautomotive.com