Management

Nordic Semiconductor

Svenn Tore Larsen

Svenn-Tore Larsen - CEO/President

Leader of the Executive Management Team since 2002.
Mr. Larsen is an Electronic Engineer from the University of Strathclyde, UK. He was appointed Chief Executive Officer of Nordic Semiconductor in 2002. Mr. Larsen has broad international experience in the semiconductor business, previously as Director for the Nordic region for Xilinx Inc. He has also been working at Philips Semiconductor. Mr. Larsen was a member of the Board of Directors of Nordic Semiconductor from 2000-2002. Svenn-Tore Larsen is based in Oslo, Norway.

Holdings in the company: 1 905 400 shares, 46 109 share options, 10 621 RSUs and 24 057 performance shares.

Pål Elstad

Pål Elstad - CFO/EVP Finance

Member of the Executive Management Team since 2014.
Mr. Elstad has held several senior financial positions, most recently as investor relations responsible for REC Silicon ASA and Head of Finance for REC Solar in Singapore. He joined Nordic as a CFO in 2014. Mr. Elstad has extensive manufacturing and supply chain experience from General Electric Healthcare. He holds a Bachelor of Economics degree from the Norwegian Business School (BI) and is a State Authorized Public Accountant (CPA). Pål Elstad is based in Oslo, Norway.

Holdings in the company: 18 846 shares, 29 761 share options, 6 345 RSUs and 12 747 performance shares.

Katarina Finneng

Katarina Finneng - EVP People & Communication

Member of the Executive Management Team since 2019.
Mrs. Finneng has international experience within management, Human Resources and Communications/PR from several different sectors. Her most recent position before joining Nordic in 2019 was with Norwegian Air Shuttle ASA, and previous experience includes different roles in Hafslund ASA and the Volvo Group. Mrs. Finneng holds a Master of Political Science in Public Administration from the University of Gothenburg, Sweden, as well as an Executive Master's degree in Management from BI Norwegian Business School. Mrs. Finneng is Secretary of the Board’s People and Compensation Committee and holds a Directorship of the Board in the real estate development company Solon Eiendom ASA. Katarina Finneng is based in Oslo, Norway.

Holdings in the company: 0 shares, 13 334 share options, 5 241 RSUs and 5 241 performance shares.

Marianne Frydenlund

Marianne Frydenlund - SVP Legal

Member of the Executive Management Team since 2018.
Mrs. Frydenlund holds a law degree from the University of Oslo and North Dakota. She started her career in 2007 as a Warranty Responsible in StatoilHydro (Equinor), before taking on various Legal Counsel and Contract Manager positions. Her experience includes working for Huawei Technologies, Aker Engineering & Technologies (Aker Solutions) and Nexans Norway. Mrs. Frydenlund sits on the Board of the Norwegian Company Lawyers Association and is on the committee for the annual winter seminar for Industrijuristgruppen/Industry Lawyer Association. Mrs. Frydenlund joined Nordic in 2018, and also acts as Secretary to the Board of Directors. Marianne Frydenlund is based in Oslo, Norway.

Holdings in the company: 2 200 shares, 10 298 share options, 4 000 RSUs and 7 506 performance shares.

Kjetil Holstad

Kjetil Holstad - EVP Product Management

Member of the Executive Management Team since 2019.
Mr. Holstad has a B.Sc degree in Electronics from Sør-Trøndelag University College (HiST). After working 15 years in various technical and marketing positions related to MCUs and wireless technologies in Atmel Corporation and Texas Instruments, he joined Nordic in 2015 as a Product Manager for the short-range wireless business. Kjetil Holstad is based in Oslo, Norway.

Holdings in the company: 6 604 shares, 12 714 share options, 4 276 RSUs and 8 087 performance shares.

Geir Langeland

Geir Langeland - EVP Sales & Marketing

Member of the Executive Management Team since 2005.
Mr. Langeland has a Bachelor of Engineering (Honours) degree in Electronics from University of Manchester Institute of Science and Technology (UMIST). He started as a Product Manager Standard Components in Nordic Semiconductor in 1999, before being appointed as a member of the Executive Management Team in 2005. Before joining Nordic, Mr. Langeland worked as Field Sales/Applications Engineer in Memec Norway, a leading global electronic components distribution company. Geir Langeland is based in Oslo, Norway.

Holdings in the company: 187 700 shares, 30 511 share options, 6 621 RSUs and 13 328 performance shares.

Ole Fredrik Morken

Ole-Fredrik Morken - EVP Supply Chain

Member of the Executive Management Team since 2010.
Mr. Morken joined the company as an Analog IC designer in 1994 and has since held numerous positions related to Project- and Supply Chain Management, including a brief employment for SensoNor ASA in 1999. Mr. Morken holds a Master’s degree in Electronics Engineering from Norwegian University of Science and Technology (NTNU) and is based in Taipei, Taiwan.

Holdings in the company: 180 000 shares, 27 134 share options, 5 241 RSUs and 10 576 performance shares.

Svein-Egil Nielsen

Svein-Egil Nielsen - CTO/EVP R&D and Strategy

Member of the Executive Management Team since 2013.
Mr. Nielsen holds an MBA from the Haas School of Business at the University of California, Berkeley and Bachelor of Engineering honors degree in Computer and Electronics Systems from University of Strathclyde. He joined Nordic in 2001 as Director of Sales and Marketing. Mr. Nielsen also held a position as R&D director from 2005 to 2006 and Director of Emerging Technologies and Strategic Partnerships from 2010 to 2012. Additionally, he served Innovation Norway as their Director of San Francisco and Houston offices where he was in charge of promoting Norwegian technology from 2007 to 2010. Prior to Nordic, he worked for Boston Consulting Group as a consultant. Svein-Egil Nielsen is based in Oslo, Norway.

Holdings in the company: 17 000 shares, 32 763 share options, 7 172 RSUs and 14 794 performance shares.

Ebbe Rømcke

Ebbe Rømcke - SVP Quality & Sustainability

Member of the Executive Management Team since 2002.
Mr. Rømcke has a M.Sc. degree in Electronics Engineering from Norwegian University of Science and Technology (NTNU). Before he joined Nordic Semiconductor,  Mr. Rømcke worked eight years in the company as Digital Designer, Project Manager and Group Manager. He has also experience from Digital Design and Project Management in Normarc AS (now Park Air Systems), a leading manufacturer of aviation systems. Ebbe Rømcke is based in Oslo, Norway.

Holdings in the company: 68 900 shares, 17 507 share options, 4 276 RSUs and 8 544 performance shares.

Ståle Ytterdal

Ståle "Steel" Ytterdal - SVP IR & Strategic Sales

Member of the Executive Management Team since 2019.
Mr. Ytterdal holds a Bachelor of Electronics Engineering and Business Administration from NKI College of Engineering in Oslo, Norway. He worked several years in Ericsson Standard Component before starting in Nordic as Regional Sales Manager for Asia and the Pacific in 2001. Between 2004 and 2019, Mr. Ytterdal was stationed in Hong Kong as Director of Sales & Marketing in APAC, establishing Nordic’s presence in the region. He also held a position as Director of the Board of the Norwegian Chamber of Commerce in Hong Kong from 2005-2008. Mr. Ytterdal moved back to Oslo/Norway in 2019, where he now has his base.

Holdings in the company: 126 000 shares, 16 633 share options, 4 414 RSUs and 9 140 performance shares.