Tomra names new CEO

Norway-based equipment and technology provider Tomra Systems ASA says its current President and CEO Stefan Ranstrand will be succeeded by Tove Andersen by Nov. 1. Andersen joins Tomra from Norway-based agricultural products and chemicals provider Yara International, where she is currently executive vice president, Europe.

The Tomra Sorting Recycling business unit offers automated sorting equipment to recycling plant operators while its Tomra Collection Solutions business unit designs and sells reverse vending machines (RVMs) for the automated collection of recyclable beverage containers.

“I’ve seen the great work that Tomra is doing to enable the circular economy while also ensuring resource responsibility and minimizing waste across the food, recycling and mining industries,” Andersen says. “It is really motivating to be joining Tomra to lead the resource revolution.”

She continues, “I’m very excited to take on the role as the new CEO of Tomra. I’ve seen the impact Tomra is making and to join this company with sustainability at the core of its strategy is a privilege.”

Ranstrand, who has been Tomra’s president and CEO since 2009, says, “I am thrilled to welcome Tove Andersen as the new CEO of Tomra. Tove has vast international experience working for Yara, a company like Tomra that has sustainability at the core of its strategy. I look forward to seeing the impact Tove will make in leading the resource revolution.”

He continues, “I am pleased to be able to personally welcome Tove to Tomra and look forward to working alongside her during the transition. The people of Tomra are what make this company achieve great things for our planet. Tove shares our values of passion, innovation and responsibility. She will be a great leader to take Tomra into the future.”

Tomra says it has roughly 100,000 installations in more than 80 markets worldwide. It employs some 4,300 people globally and had total revenue of $1.2 billion in 2020.