Terranet appoints new CEO

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The Board of Directors at Terranet has appointed Magnus Andersson as the new CEO of the company.

Magnus has over 20 years of international experience in successfully building and leading fast-growing tech companies in the automotive industry and energy sector. He most recently held the position as Interim CEO of transportation tech company Pilotfish, which provides a cloud-based platform for vehicle communication to the public transport sector.

Terranet’s Chairman of the Board Anders Blom comments on the recruitment: ”With Magnus Andersson, Terranet gets a CEO with extensive experience in scaling and creating profitability for technology-intensive companies in a Swedish as well as an international context. He knows our industry, has a vast international network and is a great leader with a documented ability to deliver results. I’m fully convinced that Magnus is just the right person to lead Terranet forward in the intensive phase we are in right now, where our main priority is to develop and launch the BlincVision system for the automotive industry”, says Anders Blom.

 

Magnus Andersson, new CEO comments: “We live in a world that is now undergoing major change and where autonomous vehicles are approaching rapidly. In the light of this, I feel an incredible optimism but also a great responsibility as the new CEO of Terranet. The company possesses a technology at the absolute forefront that can enable countless lives to be saved in traffic every year. It is with great confidence that I look forward to commercializing the technology that can once again give Sweden a leading position in security innovation.”

Magnus Andersson will assume his new position on September 1st the latest.

 

To read more exclusive features and latest news please see our May/June issue here.

Media contact

Rebecca Morpeth Spayne,
Editor, International Trade Magazine
Tel: +44 (0) 1622 823 922
Email: editor@intrademagazine.com  

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