Kaare Frydenberg steps down as CEO of Norway Post

Kaare Frydenberg has resigned from his position of chief executive officer at Norway Post. The Board of Norway Post has now started a process to recruit a new chief executive officer.
Kaare Frydenberg announced his resignation after serving five years as chief executive officer at Norway Post. He is leaving a company that has undergone major restructuring and has succeeded in becoming competitive and profitable.

“We set ourselves enormous goals five years ago, and have worked hard and in a targeted manner to achieve the results we have now attained. Norway Post is developing positively with sound growth and profitability, at the same time as the company is prepared to meet full competition. We have met our owner’s profitability and yield requirements, at the same time as the Norwegian Post and Telecommunication Authority has characterised Norway’s postal service as being world-class. I am proud of the results achieved and of the company,” says Kaare Frydenberg.

Mr Frydenberg will continue as chief executive officer for six months – working out his period of notice – after which time he currently has no specific plans.

The Board of Norway Post regret that Kaare Frydenberg is stepping down from his position as chief executive officer. The process of recruiting a new CEO is now under way.

Contacts at Norway Post:
– Elisabeth H. Gjølme, Senior Vice President Information, tel. +47 901 40 449
– Birgitte Lund Nakken, press officer, 47 908 88 284
– Norway Post’s 24-hour media contact:+47 23 14 80 00