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Nordic Technology Group AS

Board/Management Information Feb 16, 2023

3681_rns_2023-02-16_0454f0df-9cc7-4aa2-b551-890eb9a8eb17.html

Board/Management Information

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New CEO in Wavetrain Systems AS to secure international growth

New CEO in Wavetrain Systems AS to secure international growth

NTG and BoD Wavetrain Systems AS are pleased to announce that we have signed and appointed Pål Bratlie as new CEO in Wavetrain Systems AS (Wavetrain). Pål will start in his new position as CEO 1 March (this year). Pål has vast experience as an executive leader with an impressive track record in international business. He has been Executive Vice President for various divisions in Kongsberg Defence & Aerospace since 2009. We have recruited Pål to secure international growth, profitability and value increase of Wavetrain. Håkon Heier has initiated the process of recruiting a new CEO after 8 year in the CEO position. As the head of Wavetrain, Håkon has secured the breakthrough of Type Approval from Network Rail and the two first orders of our Wavetrain Level Crossing Protection system in UK. A new chapter with international growth has started and it is a good time to bring in new leadership to secure growth.

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