(Oslo ,29 October 2020 ) The board of Directors ofArribatec Solutions ASA (Arribatec, OSE:ARR) today announces the appointment of PerRonny Stav as Chief Executive Officer (CEO). "We´re pleased to announce the appointment of PerRonny Stav as the CEO of the listed entity following the acquisition of Arribatec AS, the new consolidation strategy and subsequent name change. Per Ronny is founder of Arribatec AS and has developed the company into a fast-growing global software and consultancy company with a solid foundation for further growth and expansion. We look forward to work with Per Ronny and his team to leverage on the opportunities ahead, " says Martin Nes, chairman of the board of directors. The board of directors of directors of Arribatec has appointed PerRonny Stav as CEO effective immediately. Stav comes from the position as CEO of Arribatec AS, recently acquired byHiddn Solutions ASA with the subsequent name change toArribatec Solutions ASA . Stav is the founder of Arribatec AS and has 25 years of executive management experience from companies likeUnit4 and Visma. "The entire Arribatec team is highly motivated to deliver on our next growth journey as a listed company. We have a strong track-record for profitable growth, with tier-1 international customers and an attractive recurring revenue base. With the strong outlook and significant market opportunities, I look forward to work with Martin and rest of the board to pursue further M&A initiatives and accelerate the organic growth, " says PerRonny Stav , which holds 79 787 234 shares in Arribatec. Lars Christian Stugaard, serving as interim CEO on hire from the investment firm Ferncliff, will continue to support Arribatec in a transition period. For further information, please contact: Martin Nes, chairman: +47 920 14 814 / e-mail: martin@ferncliff.no PerRonny Stav , CEO, +47 994 42 379 / e-mail: perronny.stav@arribatec.com Lars Christian Stugaard, interim CEO: +47 476 30 522 / e-mail: lars@ferncliff.no About Arribatec | www.arribatec.com Arribatec is a software and consulting company headquartered inOslo . With a customer centric engagement model, combined with a deep system, integration and domain competence, Arribatec builds long term strategic partnership with a broad customer base. Arribatec serves more than 200 large entities spread over 20 countries and various industries, both in the private and public sector. The company employs over 110 people with offices in 8 countries and is listed on theOslo Stock Exchange under the ticker code ARR.
Click here for more information
© Oslo Bors ASA, source