Kongsberg Automotive ASA announced that Joerg Buchheim has taken up his new role as Chief Executive Officer andresident of KoKongsberg Automotive ASA as of May 1, 2021. He brings more than 20 years of international executive leadership experience in the automotive supply industry and a vast personal industry network to the organization. Joerg Buchheim will be responsible for writing the next chapter in Kongsberg Automotive's history and developing its substantial business potential in close alignment with the leadership team and the entire workforce. Joerg Buchheim's key responsibility will be to advance Kongsberg Automotive's position as market leader, and to make full use of the company's significant potential through strong innovation. He will also be tasked with further strengthening the company's geographical footprint. In his previous positions, he successfully shaped a profitable growth path as President and CEO for the automotive roof specialist Inalfa Roof Systems. He also played a pivotal role in profitably growing the Chinese market as President and CEO of HELLA, a leading Tier 1 lighting and electronics company. Norbert Loers and Robert Pigg, Kongsberg Automotive's co-CEOs ad interim, will return to their previous roles and responsibilities as CFO and Senior Vice President Off-Highway, respectively. The Board of Directors would like to thank them both again for their exceptional professionalism and outstanding effort during the time they carried out their dual responsibilities.