Borregaard ASA: New CEO reinforces Borregaard’s commitment to specialisation and value growth

Group 1: Leadership Changes - Tom Erik Foss-Jacobsen has assumed the position of CEO of Borregaard as of August 1, 2025, succeeding the previous leadership [1] - Knut-Harald Bakke has been appointed Executive Vice President of the BioSolutions business area, previously serving as Director of Investor Relations [3] - Kari Strande has been appointed Senior Vice President of Human Resources, responsible for people and organizational development, having previously led the HR Department [3] Group 2: Executive Management Continuity - Dag Arthur Aasbø will continue as Senior Vice President of Public Affairs and Sustainability, taking on overall responsibility for sustainability [4] - Ole Gunnar Jakobsen remains as Executive Vice President of Manufacturing and Technology, overseeing global manufacturing and technology across Borregaard's production units [5] Group 3: Company Strategy and Positioning - Borregaard is strategically positioned with six production units, three R&D centers, and thirteen sales offices in key markets across Europe, the Americas, and Asia, focusing on specialization and value growth [2]