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Thomas Fjell

Chairman

Born in 1973. Chairman of the Board since 2025.

Background: LL.B. and MBA. Thomas has 22 years of experience as a lawyer in various Norwegian commercial law firms and three years as CEO of a listed E&P company.

Other ongoing assignments (selection): Chairman of the Board of ININ Power AS and its subsidiaries.

Previous experience (in the last five years, selection):

Holdings in the Company (including through related parties):
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Independent according to the Swedish Corporate Governance Code.

Jacob Krefting

Board Member

Born in 1992. Board member since 2025.

Background: Master of Arts in Business Management from University of St Andrews. Jacob has extensive experience within FMCG, brand ownership and production, managing Krefting AS and Sterling A/S, as well as experience with commercial contracts and cashflow management in a tough business sector. Jacob has successfully led and executed M&A deals, from deal sourcing to post-merger integration, and with experience of due diligence, financial structuring and strategic decision-making.

Other ongoing assignments (selection): Managing Director of Krefting & CO AS, C. Krefting AB, Krefting AS and Sterling Polish Company A/S. Board member of Sterling A/S, JFK AS, JCL AS and C. Krefting AB.

Previous experience (in the last five years, selection):

Holdings in the Company (including through related parties):
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Independent according to the Swedish Corporate Governance Code.

Kristian Lundkvist

Board Member

Born in 1976. Board member since 2025.

Background: Serial entrepreneur and investor with extensive experience in M&A as well as buy-and-build strategies. Founded the investment company Middelborg Invest AS in 1999.

Other ongoing assignments (selection): Founder and CEO of the investment company Middelborg Invest AS, and board member of various companies.

Previous experience (in the last five years, selection): Same as above.

Holdings in the Company (including through related parties):
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Independent according to the Swedish Corporate Governance Code.

Markus Tryggvason Lanesskog

Board Member

Born in 1994. Board member since 2026

Background: Investment analyst at Arne Blystad AS, where he has been employed since 2022 with a focus on capital markets, valuation and strategic investments.

Other ongoing assignnments:

Previous experience: Before joining Blystad Group, he worked as a sell-side analyst at DNB Markets and Nordea Markets, where he covered listed companies in various sectors. Markus holds a Master’s degree in Finance and Accounting from Copenhagen Business School.

Holdings in the Company (including through related parties):

Not independent according to the Swedish Corporate Governance Code.