Pexip appoints Åsmund O. Fodstad as CEO

AUTHOR: Inavate

Pexip has announced the appointment of Åsmund O. Fodstad as its new CEO. The former CEO and co-founder, Simen Teigre, will join the company's board of directors and, through a transition period, serve as special adviser to the CEO.

Fodstad joined Pexip in April 2013 and has been EVP of global sales and marketing since January 2014. Regarding the appointment he said: “I am deeply honored to be appointed CEO. Pexip is enjoying tremendous momentum in the market, and in my new role I am fully committed to taking Pexip to even greater heights."

Teigre said: “It has been an incredible journey with the Pexip team over the past three-and-a-half years, building Pexip from the ground up to become a global disruptor in collaboration software. But being CEO of a high-tech startup is like running a sprint where the distance is a marathon — the race is thus best run as a relay. As CEO, I believe the time is now right to pass on the leadership baton."