Ole Ronny Thorsnes has been appointed as Chief Financial Officer in Thin Film Electronics ASA ("Thinfilm"). Mr. Thorsnes will join Thinfilm's executive management team reporting to CEO Davor Sutija, and act as secretary to the Board of Directors.
Mr. Thorsnes, most recently Vice President, Mergers & Acquisitions, Orkla ASA, is joining Thinfilm later this year. Mr. Thorsnes has previously served as a senior associate at McKinsey & Company, which he joined in 2007, working with a broad range of industries, focusing mainly on strategy, finance and operational topics. He holds a Master of Science degree from NTNU's Institute of Industrial Economy and Technological Management.
John Afzelius-Jenevall, Thinfilm's current CFO is leaving the Company for personal reasons, moving back to his native Sweden. Mr. Afzelius-Jenevall has been instrumental in Thinfilm's transition to a product leader in printed electronics with global operations and more than 100 employees. John will continue in a consulting role with the Company through an overlapping transition period.
For more information, contact:
John Afzelius-Jenevall, CFO: +47 95 87 96 80 / jaj@thinfilm.no
1 June 2016
Thin Film Electronics ASA
About Thin Film Electronics ASA
Thinfilm is a leader in the development and commercialization of printed electronics. The first to commercialize printed, rewritable memory, the Company is creating printed systems that include memory, sensing, display, and wireless communication, all at a low cost unmatched by any other electronic technology. Thinfilm's roadmap integrates technology from a strong and growing ecosystem of partners to enable the Internet of Everything by bringing intelligence to disposable goods.
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act).