Amund Tøftum will be the new Group Chief Executive Officer of AF Gruppen
- AF Gruppen is based on clear core values, a strong sense of community and with a clear goal of cultivating its own leaders. With Morten Grongstad as Group CEO, AF Gruppen has strengthened its position as a leading construction group. As Morten now wishes to pass the baton, it is very satisfying to see that we can now promote a new internal leader, says chairman of the board, Pål Egil Rønn.
Amund Tøftum has been with AF for 15 years, and has experience from both construction, building and offshore, as well as 5 years of experience with group management. A joint board was behind the assessment that Amund Tøftum is the right person to lead the company going forward, says Pål Egil Rønn.
- The timing is right to pass the baton. AF Gruppen has a size and a commercial breadth that provide Amund Tøftum and 5,600 fantastic colleagues good opportunities to continue the profitable growth that characterises AF, Morten Grongstad says.
Upon the wish of the incoming Group CEO, Morten Grongstad will be available to the company.
- I am looking forward to the opportunity of leading a company with so many talented employees. The company has been through a significant growth phase and is now in the process of establishing itself as one of the larger construction companies in the Nordic region. AF will continue to strive at being a forward-looking company, in which safety and profitability are key elements for our value creation, Amund Tøftum says.
Contacts
Knut Ekern
Director of communications
Morten GrongstadCEO
Tel:+47 991 53 905morten.grongstad@afgruppen.noAmund TøftumEVP Offshore and Building Norway
Tel:+47 920 26 712Amund.Toftum@afgruppen.noImages
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 5,700 employees and revenue reached NOK 22.5 billion in 2019. 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
Building a hotel and office building in Drammen22.3.2024 13:56:45 CET | Press release
Strøm Gundersen AS, a company within AF Gruppen, has been selected as the contractor for two contracts for the construction of a hotel and an office building in Brakerøya, Drammen. Both contracts are turnkey contracts and have a combined value of NOK 516 million excluding VAT.
Foundation assignment for the New E8 in Troms22.3.2024 13:44:35 CET | Press release
Fundamentering AS (FAS), a company within AF Gruppen, has entered into a contract with Metrostav Norge AS for foundation work on the Ramfjord Bridge in Troms. The client is the Norwegian Public Roads Administration. The contract is valued at approximately NOK 100 million excluding VAT.
Building 77 apartments in Bergen13.3.2024 09:40:47 CET | Press release
LAB Entreprenør, a company within AF Gruppen, has entered into an agreement with Gjelsten Bolig (formerly known as Profier) for the residential project Sjøbodene in Sandviken, Bergen. The contract is a turnkey project with an estimated value of approximately NOK 285 million excluding VAT.
Building a Biogas Plant in Voss1.3.2024 15:07:09 CET | Press release
LAB Entreprenør AS, a company within the AF Gruppen, has been selected as the contractor by BIR AS (Bergensområdets Interkommunale Renovasjonsselskap) for the construction and infrastructure of a new biogas plant in Voss. The contract is a turnkey project with an estimated value of approximately NOK 120 million (excluding VAT).
Building 178 apartments in Bergen22.2.2024 12:00:32 CET | Press release
LAB Entreprenør AS, a company in AF Gruppen, has entered into an agreement with Sandsli Stasjon AS, a wholly-owned subsidiary of Nåbo AS (formerly Bonava), for the residential project Sandsli Stasjon in Sandsli, Bergen.
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