New CEO and new Chief Financial Officer in Advania Norway

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The Board of Directors in Advania in Norway hired Vegard Rooth as CEO of Advania Norway from January 1, 2012. Vegard Rooth is 48 years old and has extensive management experience from various businesses, Altia Norway (beverage and distribution company), Swisslog Healthcare (logistics systems company), RIMI (grocery store chain), Scanmar, Veolia, SAS Airlines and Estonian Air and Olympiatoppen.

Heimir Björgvinsson is also appointed as the new CFO. Heimir Björgvinsson has worked in the IT sector since 2000 and comes from HugurAx, which is Advania Groups AX business in Iceland.