Pexip appoints Odd Sverre Østlie as Chief Executive Officer
March 8, 2018

Oslo, Norway, March 8th 2018 – Pexip today announced that Odd Sverre (OS) Østlie has been appointed as Chief Executive Officer, effective as of March 8th.

Østlie has previously worked for McKinsey, Tandberg, and Cisco, and was most recently CEO of Kinly, a recent merger of Viju Group and VisionsConnected. Østlie said, “Throughout my career I’ve been excited about visual communication and collaboration technologies. That’s what my time in Kinly has been about as a system integrator and service provider. I am now thrilled to join the leading independent technology provider in this space - it feels like coming home.”

Åsmund O. Fodstad, who has served as CEO for the last two and a half years, will focus on Strategic Partnerships and will continue to be part of the Executive Management Team. Under Fodstad’s leadership, Pexip reached profitability and established several successful strategic alliances. Fodstad said, “I am looking forward to working with OS and the rest of the management team during this exciting time for Pexip.”

Kjell Skappel, Chairman of Pexip, said, “During the last few years we’ve experienced high growth and we are now delivering both profitability and positive cash flow. This would not have been possible without Fodstad’s leadership, dedication, and hard work. We aim to continue to stay at the forefront of technology and to maintain a high annual recurring revenue growth rate. The Board and I are excited to bring Odd Sverre Østlie on board to strengthen the management team and to drive Pexip in this next phase.”

“Pexip’s success is due to talented people and a disruptive product." Østlie continued. "We are looking to the future with great anticipation as we work on further helping organizations connect their employees, customers and partners.”