AF Gruppen with changes in the board

Both were elected at the Annual General Meeting on 12 May. They replace Pål Egil Rønn and Arne Baumann who, at they own requests, have decided to leave the Board after a several years of service.
Grongstad is currently CEO of SGF. He was previously CEO of AF Gruppen and prior to that was Executive Vice President of AF with responsibility for Building and Real Estate. Grongstad has a past as head of Fornebu Utvikling AS and Orkla Eiendom AS and holds an MSc in Business and Economics from BI Sandvika. Grongstad sits on the boards of Stokke Industri AS, Treschow-Fritzøe AS and Utstillingsplassen.
Marianne Gjertsen Ebbesen holds a Master of Business Administration from BI Norwegian Business School, and is currently Executive Vice President of OBOS with responsibility for Boligutvikling Trehus, which has real estate and construction operations in Norway and Sweden. She has held various roles in OBOS' corporate management team since 2019. Ebbesen has extensive management experience from the finance industry, including positions as Chief Operating Officer for Group Functions in Nordea and Executive Vice President in DNB. She has board experience from Gjensidige Pensjonsforsikring AS, Odevo AB and several subsidiaries in OBOS.
The board of AF Gruppen subsequently consists of: Morten Grongstad, chair, Marianne G. Ebbesen, Hege Bømark, Kristian Holth, Saloume Djoudat, Erik T. Veiby, Hilde Kristin Herud, Arne Sveen, Hilde Wikesland Flaen and Espen Jahr. The latter three are employee-elected representatives.
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About AF Gruppen ASA
AF Gruppen is a leading contracting and industrial group that was formed by an entrepreneurial spirit and execution capabilities. The group has 6,000 employees and revenue reached NOK 31 billion in 2022. AF Gruppen is listed on Oslo Stock Exchange (AFG).
We provide a broad range of services with seven operational business areas: Civil Engineering, Building, Betonmast, Property, Energy and Environment, Sweden and Offshore.
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Latest releases from AF Gruppen ASA
Offshore decommissioning project for AF Gruppen19.9.2023 08:15:50 CEST | Press release
AF Gruppen (AFG) has today received a letter of award for a contract from Heerema Marine Contractors SE for the engineering and offshore hook-down preparation of Equinor’s Heimdal Main Platform in the Norwegian sector of the North Sea.
To build apartments north of Stockholm4.9.2023 09:10:31 CEST | Press release
A subsidiary of AF Gruppen, HMB Construction, has been commissioned to build 60 owner-occupied apartments in the municipality of Täby, north of Stockholm, on behalf of OBOS Nya Hem. The contract is worth approximately SEK 137 million, excluding VAT.
High level of activity and record high order backlog25.8.2023 07:01:00 CEST | Press release
AF Gruppen recorded second quarter revenues of NOK 7,853 million. Profit before tax was NOK 292 million in the second quarter, corresponding to a profit margin of 3.7%. During the quarter, the Group had a very good order intake within Civil Engineering and solid margin improvements within Construction.
Builds Innovation Center for cancer research30.6.2023 14:02:27 CEST | Press release
Strøm Gundersen, a subsidiary of AF Gruppen, has entered into a turnkey contract in collaboration with Oslo Cancer Cluster Innovasjonspark AS. The contract applies to the project OCCI - Lamell 4 and has a value of NOK 432 million excl. VAT.
Rehabilitates office building in Sandefjord30.6.2023 13:33:07 CEST | Press release
Strøm Gundersen Vestfold, a subsidiary of AF Gruppen, has been chosen by Larre Eiendom AS as the contractor for the total rehabilitation and extension of Storgata 1 in Sandefjord. The contract is a turnkey contract in collaboration and has a value of NOK 126 million excl. VAT.
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