Kongsberg Automotive has appointed current chairman, Henning Jensen as CEO of the company and will consequently resign from the board.
Jensen has spent fifteen years in the automotive industry in various positions with General Motors, Delphi and TE Connectivity, where he was SVP of the Automotive Division.
More recently, Jensen was CEO of RHI of Austria and Kistefos of Norway.
At the same time, Kongsberg Automotive says it has appointed board member, Bruce Taylor as chairman.
Taylor had a sixteen-year career at Eaton Corporation where he was SVP & group executive, Automotive.
Subsequent to Eaton, he has been an equity partner in a private equity firm as well as the CEO of two PE-backed industrial companies.
"In light of the need for accelerated change, the board looks forward to working with Henning Jensen on taking the company to the next level and unlocking the potential of Kongsberg Automotive," said Taylor.