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.

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Q-Free

Q-Free appoints new CEO

Q-Free has appointed Håkon Volldal as its new chief executive officer; he will take up his new position on 1 August. Volldal is currently executive vice president and head of business area for TOMRA Collection Solutions, where he has held several senior positions since 2004. “I am impressed with Q-Free’s history, solutions and ability to adapt to changing market needs over time. I really look forward to joining the Q-Free organisation and I trust I can use my experience to contribute to profitable gr

December 7, 2015

Q-Free reorganises, becomes full ITS supplier

April 4, 2017

Q-Free appoints senior vice president for Europe

Q-Free has appointed Fredrik Nordh, currently senior vice president, head of Nordic Collection Solutions for Tomra Systems, as senior vice president Europe, effective September 2017. Q-Free will also reorganise its regional structure from 2018; its activities in North America, Chile and Brazil will become the new America region under Morten Andersson, which the new Europe region under Nordh’s leadership will consist of all European and Nordic markets. The APMEA region will remain under the control of Pe

November 4, 2015

Q-Free makes management changes

Following a board meeting on 3 November, Q-Free has announced that Thomas Falck will step down from his position as CEO with immediate effect and CFO Roar Østbø is appointed as interim CEO. Chairman of the board Terje Christoffersen has also informed the board of his immediate resignation; vice chairman Charlotte Brogren will fill the role until a new chairman of the board is elected by the general meeting.

December 5, 2013

New CFO for Iteris

Iteris has appointed Walter “Chuck” McBride as chief financial officer, effective from 3 December 2013. McBride joins Iteris from audio technology engineering company SRS Labs, where he was CFO from 2011 to 2012 and where he played an instrumental role in strategic and operational planning, international and domestic compliance, and mergers and acquisitions. McBride directed the successful merger and acquisition process when SRS was purchased by DTS in July 2012 at a significant premium. Prior to SRS,

February 26, 2015

Iteris’ Abbas Mohaddes resigns

Iteris has announced that Abbas Mohaddes has resigned as president and chief executive officer to pursue other opportunities. Mohaddes also resigned from the company’s board of directors. Kevin Daly, currently a non-executive director of Iteris, will serve as chief executive officer on an interim basis until the Company finds a permanent replacement for Mohaddes, who has agreed to provide transitional support services for a limited period as requested by the Company. Greg Miner, chairman of Iteris, commente