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Arribatec CEO Geir Johansen Steps Down Amidst Strategic Transition

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Arribatec CEO Geir Johansen Steps Down Amidst Strategic Transition

Arribatec Group ASA ( (DE:B7Z0) ) has provided an update.

Arribatec Group ASA announced the resignation of CEO Geir Johansen, effective 1 March 2025, after three years of service. Under his leadership, the company successfully navigated a challenging consolidation and turnaround phase, leaving it in a stronger position. The Board has appointed Ole Jakob Kjølvik as interim CEO, with plans to conduct an extensive search for a permanent successor. This leadership transition marks a significant moment for Arribatec as it looks to continue its growth trajectory.

More about Arribatec Group ASA

Arribatec is a software and consulting company based in Oslo, specializing in building long-term strategic partnerships with a wide range of customers across both private and public sectors. The company operates in over 25 countries, serving more than 1700 companies, and employs over 280 people globally. Arribatec is listed on the Oslo Stock Exchange under the ticker code ARR.

YTD Price Performance: -7.69%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €13.1M

For a thorough assessment of B7Z0 stock, go to TipRanks’ Stock Analysis page.

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