Knut Frostrad will take over from outgoing chief executive, Leif Ottosson, assuming the role with immediate effect.<\/p>\n
\u201cWe thank Leif Ottosson for leading ten years of transformation and growth in Navico,\u201d said Hugo Maurstad, chairman of the board of Navico. \u201cUnder his management, revenues have doubled, and we have seen a manyfold increase in earnings as well as significant improvements to our supply chain and R&D programs.\u201d<\/p>\n
\u201cKnut Frostad has been on Navico\u2019s board for 14 years and brings solid experience in the industry and understanding of our business as former CEO of the Volvo Ocean Race, as well as director and advisor to several international companies. I can think of no one better to take over and lead Navico into a new era,\u201d continued Mr Maurstad.<\/p>\n
\u201cIt will be a privilege and honour to lead Navico \u2013 a truly global company with highly talented people and iconic brands,\u201d said Mr Frostad. \u201cWe have an exceptional team at Navico that is focused on transforming the business, continuing to innovate and unlocking future growth opportunities. With my passion for boating and the water, this is truly an exciting opportunity.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
Navico, parent company to the Lowrance, Simrad, B&G and C-MAP brands has appointed Knut Frostad as president and chief executive officer.<\/p>\n","protected":false},"author":2,"featured_media":2098,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9],"tags":[],"sponsor":[],"class_list":["post-2097","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/posts\/2097","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/comments?post=2097"}],"version-history":[{"count":1,"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/posts\/2097\/revisions"}],"predecessor-version":[{"id":2099,"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/posts\/2097\/revisions\/2099"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/media\/2098"}],"wp:attachment":[{"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/media?parent=2097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/categories?post=2097"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/tags?post=2097"},{"taxonomy":"sponsor","embeddable":true,"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/sponsor?post=2097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}