Norwegian Air Names New CEO

A Norwegian pilot preparing for take-off

Norwegian Air announced the appointment Jacob Schram to the position of CEO.

The new CEO will take over from acting CEO Geir Karlsen on January 1, 2020.  Karlsen will continue as both CFO and Deputy CEO of the company.

Schram’s “extensive management experience from global companies, proven leadership skills, strong commercial consumer orientation and impressive track record of value creation will greatly benefit Norwegian as the company enters into a new phase,” said Niles Smedegaard, the airline’s chairman of the board.  “Together we will drive efficiency and continuous improvements to the benefit of our customers, shareholders and employees.”

While the new CEO has no aviation experience, he brings 30 years of business experience to the airline. He holds a Master’s degree in economics from Copenhagen Business School and previously held executive positions at Circle K, Statoil Fuel & Retail, McDonalds, and McKinsey.

“Norwegian has created a piece of Norwegian industrial history and it is an honor to be appointed CEO of this company,” said Schram.

(Photo: Accura Media Group)