Svenska Aerogel Holding AB
Svenska Aerogel Holding AB: Tor Einar Norbakk, appointed new CEO of Svenska Aerogel - Continued focus on production and global expansion
Tor Einar Norbakk - currently Sandvik Mining & Rock Technology - has
been appointed new CEO of Nasdaq First North-listed Svenska Aerogel.
He will succeed Anders Lundström who choses to leave the assignment
as CEO after 8 years. Tor Einar Norbakk will focus on building
production and continuing global expansion. Tor Einar Norbakk will
assume his new position on January 7, 2019.
- First of all, I would like to thank Anders Lundström for his
important role in the construction of Svenska Aerogel and regret that
he leaves. At the same time, we welcome Tor Einar Norbakk, who has a
very good background for leading Svenska Aerogel in our continued
development. We are building an extensive production facility to take
advantage of the great global interest for Quartzene - our very
strong version of aerogel, says Christer Sjöström, Chairman and
Founder of Svenska Aerogel.
Anders Lundström, as CEO, has driven the development of Svenska
Aerogel from a research company to a commercial company with global
-It has been intense and fun years. I am very proud of what the team
at Svenska Aerogel and I have achieved together. As the company
leaves the start-up phase and becomes a manufacturing industry, it is
natural to have another leadership, says Anders Lundström.
Tor Einar Norbakk, 48, has significant experience in global businesses
and development of manufacturing processes from different positions
in Sandvik since 2001. He is currently Managing Director and
Territory Manager for Sandvik Mining and Rock Technology in Sweden
For further information, please contact:
Christer Sjöström, Chairman of the board, +46 70-546 5916
Anders Lundström, current CEO, 070-656 8042
Svenska Aerogel has developed Quartzene - The Next Generation Aerogel.
The unique manufacturing process enables Svenska Aerogel to offer
Quartzene with better technical performance combined with a lower
price, compared to other aerogel manufacturers. The leading business
areas are Thermal Insulation, Paint&Coatings and Filtration.
Svenska Aerogel Holding AB is listed on Nasdaq First North and FNCA is
the designated Certified Adviser.
This information is published by Svenska Aerogel according to the EU
Market Abuse Regulation through the agency of CEO Anders Lundström
July 9, 2018, 08:00 a.m. CET.