The Board of Directors of Nordic Semiconductor has appointed Vegard Wollan as new CEO of Nordic Semiconductor ASA, as Svenn-Tore Larsen is stepping down after leading the company for more than two decades.
“I am immensely proud of what the Nordic team has achieved with bold technology choices, innovative R&D and engineering, and the forging of strong long-standing relationships with globally leading customers over the years”, says Svenn-Tore Larsen.
“I am leaving a company with many opportunities and an exciting future, and we are very pleased to announce that we have an accomplished leader like Vegard to take over as I am stepping down. He is a prominent figure in the global semiconductor industry, with an exceptional background as a serial entrepreneur”, adds Larsen.
The appointment of Vegard Wollan comes after a comprehensive international search as part of a management succession program that was initiated in 2021 to safeguard the long-term strategic development of the company.
