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New Chairman of Atea ASA

Press release 2023-05-02

The Board of Directors of Atea ASA has elected Sven Madsen (b. 1964) to serve as Chairman of the Board.  Madsen is Chief Financial Officer of Consolidated Holdings A/S. He has been a Board member of Atea ASA since 2008 and Consolidated Holdings A/S since 2003.  He is also a board member of many of Consolidated’s portfolio companies, including Columbus A/S (Nasdaq OMX), X-Yachts A/S, core:workers AB, Ejendomsaktieselskabet af 1920 A/S, MonTa Biosciences ApS, Dansk Emballage A/S and DAN-Palletiser Finans A/S. Madsen has originally a background in auditing, and prior to joining Consolidated Holdings A/S, Madsen was CFO in SystemForum A/S, Group Controller in FLS Industries A/S and Group Controller in Codan Insurance A/S.

Madsen has broad experience in the IT sector and within corporate management, finance and M&A based on his prior work. He holds a Graduate Diploma in Financial and Management Accounting and an MSc in Business Economics and Auditing.

“I am excited and proud to take over the Chairman position following the legendary Ib Kunøe, who leaves behind a company in excellent financial shape and with a strong management team.  I am looking forward to working on the next phase of our company’s journey with the rest of the board and with all of Atea’s 8000-plus employees, whose tremendous efforts have made Atea one the leading IT infrastructure providers in Europe,” says Chairman Sven Madsen.  

For further information, please contact:
Steinar Sønsteby, CEO Atea ASA, mobile (+47) 930 55 655
Robert Giori, CFO Atea ASA, mobile (+47) 934 09 188

About Atea
Atea is the leading supplier of IT infrastructure in the Nordic and Baltic regions. Atea is present in 88 cities with over 8,000 employees in Norway, Sweden, Denmark, Finland, Lithuania, Latvia and Estonia. Atea delivers hardware and software from leading global vendors, and provides consulting and technical services to support its customers with the design, implementation and operation of their IT environments. Atea had revenue of approximately NOK 32 billion (EUR 3.2 billion) in 2022 and is listed on Oslo Stock Exchange.