Crayon Group Holding — Board/Management Information 2021

Mar 15, 2021

CEO Torgrim Takle leaves Crayon

CEO Torgrim Takle leaves Crayon

(OSLO, Norway, 15. March 2021) Crayon Group ASA, the digital transformation experts, announced that Torgrim Takle will be stepping down as CEO as of March 15th. In his place, Melissa Mulholland, Crayon’s Chief Services & Solutions Officer will act as Interim CEO while the board evaluates internal and external candidates.

Chairman of the Board Jens Rugseth stated, “We appreciate Torgrim’s hard work and service throughout the years and wish him the best for the future". Torgrim has been instrumental in Crayons growth for many years, first as CFO and then as CEO.

Takle was with the company for eight years, during which Crayon experienced rapid growth, doubling its workforce and expanding into many new markets.

"It’s been a privilege to lead Crayon and our highly motivated & skilled employees, and I’m leaving a company with a tremendously strong strategic foundation for future growth and profitability. As our industry undergoes relentless cycles of innovation, Crayon needs to innovate faster than competition and invest ahead of the curve. After working in Crayon for nearly a decade, I believe it’s time to bring in renewed leadership with new vision and ideas, and have therefore decided to step down as CEO of the company.”

“I’m very excited about the future for Crayon, and although no longer with an operational role in the company, I will continue to be a long term shareholder in Crayon” Torgrim Takle stated.

Mulholland previously worked for Microsoft where she led global strategy and business development. She joined Crayon last year where she has driven its core cloud services and IP strategy worldwide, including data and AI.

“Crayon is an innovative company and I’m grateful for the opportunity to help further its global expansion and leverage the power of technology to drive the greater good", Mulholland said.

For further queries, please contact:

Jens Rugseth, Chairman of the board

Crayon Group Holding ASA

Tel.: +47 91 16 94 40

Email: jens.rugseth@crayon.com

About Crayon

Crayon Group Holding ASA is a leading IT advisory firm in software and digital transformation services. With unique IP tools and skilled employees, Crayon help optimize its clients' ROI from complex software technology investments. Crayon have long experience within volume software licensing optimization, digital engineering, predictive analytics and assists the clients through all phases of the process of a digital transformation. Headquartered in Oslo, Norway, the company has approximately 2,000 employees in 50 offices worldwide.