(Oslo, 23 October 2012) EVRY will introduce a new organisational structure on 1
January 2013 to support the company's strategy for Nordic leadership. The main
features are reinforcement of the go-to-market strategy in Norway, a clearer
focus on industry verticals with growth potential, and a less complex structure
for the operating services organisation in the IT Operations segment.
EVRY has a three-step strategy towards Nordic leadership. Over the two years
since the merger, the company has prioritised customers and employees, and
realising synergies.
EVRY is now starting the second step of the strategic plan, where its focus will
be on profitable growth and continuing implementation of the quality improvement
measures already in place to improve delivery quality for banking customers
served by the company's operating services organisation in Norway.
"We are now taking the next major step in EVRY's strategy. Our objective is to
continue to build the company's market position and strengthen our
profitability. We intend to achieve this through clearer sales and market
responsibility, combined with focus on selected areas of activity. We are also
taking action to simplify our organisational and management structure in order
to ensure clearer allocation of delivery responsibility for our customers in
Norway", comments Terje Mjøs, CEO of EVRY.
A strong and visible EVRY
Three main priorities form the foundation for the new organisational structure.
The first of these is to reduce complexity in IT Operations, which will include
the transformation and migration of customers to standard platforms. We also
intend to simplify the interfaces between different units in order to give
clearer management responsibility.
The second main priority is a clearer focus on industry verticals. EVRY has a
number of verticals that offer significant growth potential both in the
Norwegian and broader Nordic context. The industry-specific expertise that these
verticals represent is an important differentiating factor in relation to
increasing globalisation. EVRY will increase its focus on verticals to ensure
that, through our closeness to customers, both geographically and culturally,
and through our understanding of their business, we can offer solutions that are
better suited to their needs and deliver greater value than standard services.
The third main priority is for EVRY to continue to strengthen the company's
local and regional business model. EVRY has a local presence with delivery
capacity and extensive expertise in 50 towns and cities in the Nordic countries.
We intend to continue to strengthen this unique network, while at the same time
making greater use of global sourcing where this is appropriate through
additional deliveries from our operations in India and the Ukraine.
The new organisation will involve streamlining management and staff functions,
principally in Norway, affecting around 100 employees.
New executive management team
With effect from 1 January 2013, EVRY will operate with a new streamlined
executive management made up of CEO Terje Mjøs, CFO Eli Giske and EVPs Niclas
Ekblad (Sweden), Knut Aasrud (Norway), Wiljar Nesse (Financial Services Nordic),
HÃ¥vard Larsen (acting Nordic Operations), HÃ¥vard Larsen (Global Sourcing) and
Morten Søgård (Corporate Development).
EVRY's current executive management team will continue in operation until 31
December 2012, but with the following change: As previously announced, Thorolf
Thorstensen will step down as EVP IT Operations and take a different role in
EVRY. HÃ¥vard Larsen will take over as EVP IT Operations with effect from 23
October 2012. The newly appointed EVP for Norway, Knut Aasrud, will be Head of
the Solutions business area currently managed by HÃ¥vard Larsen until the new
executive management comes into effect on 1 January 2013.
Contact person for EVRY:
CEO Terje Mjøs, EVRY, tel +47 06500
CFO Eli Giske, EVRY, tel +47 90844189
SVP Communications Geir Remman, tel +47 97055017
About EVRY
EVRY is one of Scandinavia's leading IT corporations with strong community and
regional ties to 50 Nordic cities. EVRY's insights, solutions and technological
expertise allow strong participation in designing the IT society of the future
and developing values that customers can use in their daily lives, in their
businesses and in society. EVRY combines a high level of trade and technological
expertise with regional distribution models and international exposure.
EVRY has about 10 000 employees; the company works purposefully to prove that
Scandinavian customers are best served by the people who know Scandinavian
conditions best. EVRY has an annual turnover of almost NOK 13 billion kroner.
The company is listed on the Oslo Stock Exchange and has its main office in
Oslo. A significant amount of its business activity occurs in the Norwegian and
Swedish markets. EVRY is the result of the merger between Norway's two leading
IT companies in 2010: EDB Business Partner and ErgoGroup. www.evry.com
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
This announcement is distributed by Thomson Reuters on behalf of
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Source: EVRY via Thomson Reuters ONE
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