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Heimdall Power: appoints new CEO

  • Sector: Infrastructure
  • Date: February 3, 2023

The Board of Heimdall Power has appoints Jørgen Festervoll as new CEO and strengthen the team for growth in Europe and the USA.

Jørgen Festervoll has been on the Board of Heimdall Power since spring 2021 and took on the role as working Chairman of the Board on December 1, 2022. Jørgen knows the inner workings of the company, while also bringing with him 20 years’ experience from the power sector, says Patrick Sandahl, Board Member of Heimdall Power and Investment Director in Investinor. He has broad sales experience from amongst other the Swedish SaaS company Wide Narrow, as well as experience from capital markets through his previous role with the listed investment company Saga Pure. We are excited to continue our collaboration with Jørgen in his new role, says Sandahl.

Bjørn Simonsen replaces Festervoll as Chairman of the Board. Until recently, Bjørn Simonsen held the role as CEO of Saga Pure, where he led the investment company through multiple successful investments. In addition, Jan Frode Andersen is appointed COO at Heimdall Power. His previous role as CFO at the listed company HYON AS and work at Tandberg has provided Andersen with extensive operational experience from both large and small companies. 

The board commends the outgoing CEO, Thomas Wikberg, for the development of Heimdall Power under his leadership. Throughout 2022, Thomas has further professionalized the organization, secured several important pilot contracts, and initiated our entry into the US. The Board is very pleased with the work Thomas has put down, Sandahl concludes.