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Tore Hofstad

Non-Executive Director, New Mind | tellUs (Scandinavia)
https://no.linkedin.com/in/tore-hofstad-764b22

Tore Hofstad

A seasoned international business executive with thirteen years of experience with Hewlett Packard in senior finance and sales and marketing positions in Geneva, Vienna and Oslo. Among accomplishments was growing the eastern European business from 12 to 160 million USD over a five-year period.

Tore has also been Vice President Europe for Tomra ASA, a leading high technology company in recycling business, responsible for business development, financial and legal matters. He was Managing Director of Thorn Lighting Norway for 4 years, working on a turnaround situation to re-establish the brand and the company after the previous management established a competitor with a large part of the sales force. Thereafter, he was CEO of Nortek, an oceanographic instrument company with headquarters in Oslo and subsidiaries on all continents. Nortek is a global leader in acoustic doppler technology, and has achieved double-digit growth during Tore.

Tore was the chair of the board of tellUs-It AS 7 years contributing to the growth through acquisition and organic expansion, before the merger with New Mind. He has been on the board of New Mind tellUs since.

Tore has a M.Sc. from Norwegian Institute of Technology. MBA from Columbia University, and executive education from Harvard Business School, Insead and IMD.