23 September 2021 – Endúr ASA (Endúr) has appointed Mr. Jeppe Raaholt as its new chief executive officer (CEO). Raaholt will assume his new position on 1 October 2021.
Raaholt joins from the role of managing director of Endúr’s wholly owned subsidiary BMO Entreprenør AS, which has delivered solid financial results every year since Raaholt joined the company.
Raaholt has extensive experience from project management and heading up project-based organisations. He joined BMO Entreprenør as chief operating officer in 2015, before taking on the managing director role in 2018. Prior to BMO Entreprenør, Raaholt held roles as head of NJD’s construction business and project manager for Mesta’s railway projects. He holds a master’s degree in project management from the Norwegian University of Science and Technology, NTNU.
“We are very pleased that Jeppe has accepted the role as CEO of Endúr. He is a commercially orientated leader with a proven track record from our industry. This promotion and appointment constitutes a significant step towards further developing the group and capitalizing on its promising market opportunities. The board and I look forward to working closely with Jeppe to reach our ambitious strategic targets,” says Pål Reiulf Olsen, working chairman in Endúr ASA.
Raaholt owns 4,302,417 shares in Endúr through his wholly owned investment company Råbjørn AS.
Succeeding Raaholt as managing director of BMO Entreprenør is Aleksander Rød, who for the past four years has headed the company’s special projects department. Rød owns 2,149,417 shares in Endúr through his wholly owned company Alero AS.
This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange announcement was published by Lasse B. Kjelsås, CFO of Endúr ASA, on 23 September 2021 at 16:30 CEST.
For further information, please contact:
Pål Reiulf Olsen, working chairman of Endúr, tel: +47 908 85 760
Lasse B. Kjelsås, CFO of Endúr, tel: +47 908 49 772