EVRY ASA EVRY's board of directors has appointed Mr. Björn Ivroth as new Chief Executive Officer.
(Oslo, 24 March 2015) The Board of Directors of EVRY ASA has named Mr. Björn Ivroth new CEO of the company. Mr. Ivroth has more than 30 years of experience from top management positions in major IT service companies such as CGI, IBM and Accenture, and as a consultant in McKinsey. From 2012-14 he was Managing Director at CGI Sweden, part of the 5th largest independent IT and business process services company, where he led the transformation of the business.
"We are very pleased to have Mr. Björn Ivroth to lead EVRY in transforming the company into the leading Nordic IT Services company. He has a unique combination of industry experience, people leadership skills and the ability to drive change, all qualities that will be needed to transform the company in today's industry environment", Jo Lunder, chairman of EVRY says.
"I look forward to spend time together with the management and to get to know the company, its customers and its employees. Together we will create an even better company delivering excellent customer service and profitable growth", Björn Ivroth says.
Mr. Ivroth will assume the role with immediate effect. He replaces Mr. Terje Mjøs.
"Over the past ten years, I have seen EVRY grow to become a market leader in Norway with a strong position for further growth in Sweden and other Nordic countries, and with a unified brand. I firmly believe that the Apax fund is the best choice as an owner for the company and that this will lead to EVRY becoming the true Nordic IT services Champion. This is a perfect time to hand over the company to a new CEO", Terje Mjøs says.
"We are very grateful to Mr. Terje Mjøs for his leadership over many years and in particular over the last year with the strategic processes that led to change of ownership", Jo Lunder says.
Apax Partners is one of the world's leading private equity firms. With its considerable international IT services expertise, Apax Partners has stated that it will support EVRY in its efforts to further accelerate implementation of its strategy, and to enhance the strengths of the business, including the bank and finance solutions portfolio, scaling up its focus on industry verticals in the Nordic countries and at the same time continue to strengthen its regional footprint.
Apax Partners has also said that it will support EVRY's strategy for its transformation to offer competitive next generation cloud-based IT operations and to pursue accretive M&A opportunities. The Apax Funds will provide EVRY with financial backing, expertise and support for investments and acquisitions in accordance with EVRY's long-term strategy for profitable growth. See more information about Apax Partners and the recent transaction in the stock exchange notice published on 8 December 2014.
EVRY will remain headquartered in Norway and preserve its Nordic heritage while adding scale and state of the art technology in order to compete efficiently in an increasingly global industry. EVRY's strong brand recognition in the Nordics is a key component in the further growth of the Company
This information is subject to disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.
Contact persons:
Björn Ivroth, CEO EVRY, Tel: +47 06500
Geir Remman, VP Corporate Communications, EVRY, Tel: + 47 970 55 017
About EVRY
EVRY is one of the leading IT companies in the Nordic countries, with a strong local and regional presence in 50 Nordic towns and cities. Through its knowledge, solutions and technology, EVRY contributes to the development of the information society of the future, and so creates value for the benefit of its customers and for society as a whole. EVRY combines in-depth industry knowledge and technological expertise with a local delivery model and international strength.
EVRY has some 10,000 employees, and the company is committed to demonstrating that Nordic customers are best served by a supplier that understands Nordic business from the inside. EVRY reports annual turnover approaching NOK 13 billion. The company is listed on the Oslo Stock Exchange and operates from headquarters at Fornebu in Bærum, with major activities in both the Norwegian and Swedish markets.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: EVRY via Globenewswire
