Asker, Norway,
16
August
2021
|
08:02
Europe/Amsterdam

New CEO starts at TOMRA

Summary

Tove Andersen has joined TOMRA as president and CEO effective August 16, 2021.

Tove Andersen_TOMRA President and CEO

She replaces Stefan Ranstrand, who held the position for the past 12 years, and becomes the first female president and CEO of the company since it was founded in 1972.

Tove Andersen comes to TOMRA from the leading global fertilizer company YARA International, which is also headquartered in Norway, where she was executive vice president Europe.

Chairman of the TOMRA Board of directors, Jan Svensson, said: “The Board is delighted that, after a search process and her appointment as communicated before, Tove Andersen is now joining TOMRA as the company’s president and CEO.

“Tove Andersen is a proven leader with a distinguished track record, broad expertise and a passion for sustainability. Tove is a people- and customer-centered person which we believe ideally suits TOMRA in its present development stage. I am personally very pleased that we have been able to attract someone of her caliber, track record and potential.”

Commenting on starting her new role, Tove Andersen said: “TOMRA is a company I have known for many years. I have always been impressed by the business’s continued evolution and the position it has created for itself today globally under Stefan’s leadership.

“With the increased focus worldwide on sustainability and, in particular, the circular economy, TOMRA is more relevant than ever before and is perfectly placed to continue being a very successful company.

“What especially excites me about TOMRA is that it is a technology-based business which is purpose-led and delivering on a truly global scale. It is a business that is making a positive difference to the world we live in.

“I am looking forward to meeting and working with the exceptional teams within the business and continuing to advance TOMRA’s vision of leading the resource revolution.”

Boilerplate

TOMRA was founded on an innovation that began with the design, manufacture and sale of reverse vending machines (RVMs) for automated collection of used beverage containers.

Today, the company provides technology-led solutions that enable the circular economy with advanced collection and sorting systems that optimize resource recovery and minimize waste in the food, recycling and mining industries.

TOMRA has around 100,000 installations in over 80 markets worldwide and last year had total revenues of EUR 1bn. The Group employs approximately 4,300 people globally and is publicly listed on the Oslo Stock Exchange (OSE: TOM).