Norway-based technology company TOMRA Systems ASA has said that Tove Andersen will take over from current president and CEO Stefan Ranstrand by Nov. 1.
Andersen joins TOMRA from global agricultural products and environmental protection agents provider YARA International, where she is currently executive vice president for Europe, according to a news release.
Ranstrand, who has been TOMRA’s president and CEO since 2009, cited Andersen’s experience with YARA, which he said has sustainability at the core of its strategy, according to the release.
“The people of TOMRA are what make this company achieve great things for our planet,” Ranstrand said in the release. “Tove shares our values of passion, innovation and responsibility. She will be a great leader to take TOMRA into the future.”
YARA International, which is also based in Norway, has a turnover of $12.9 billion, around 16,000 employees, and operations in more than 60 countries.
“I’ve seen the great work that TOMRA is doing to enable the circular economy while also ensuring resource responsibility and minimizing waste across the food, recycling and mining industries,” Andersen said in the release.
“It is really motivating to be joining TOMRA to lead the resource revolution. I’m very excited to take on the role as the new CEO of TOMRA. I’ve seen the impact TOMRA is making and to join this company with sustainability at the core of its strategy is a privilege.”
TOMRA was founded on an innovation in 1972 that began with the design, manufacturing and sale of reverse vending machines (RVMs) for automated collection of used beverage containers, according to the release.
TOMRA today provides technology-led solutions that enable the circular economy with advanced collection and sorting systems that optimize resource recovery and minimize waste in the food, recycling, and mining industries and is committed to building a more sustainable future, according to the release.
TOMRA has around 100,000 installations in over 80 markets worldwide and had total revenues of $1.2 billion in 2020.
