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Norsk Tipping names Tonje Sagstuen as acting CEO

| By Marese O'Hagan
Norwegian state-owned monopoly Norsk Tipping has appointed Tonje Sagstuen as acting CEO, replacing Thor Gjermund Eriksen.
Norsk Tipping CEO

Eriksen resigned as chief executive in June, after being nominated in April 2022. He stepped down less than a year after taking on the position, moving on to the role of CEO of Bane Nor, the agency responsible for overseeing the Norwegian railway network.

Norsk Tipping
Thor Gjermund Eriksen, former CEO of Norsk Tipping

Eriksen will leave Norsk Tipping on 31 August. Sagstuen’s tenure begins the following day. She will remain as CEO until a permanent replacement is found.

Currently, Sagstuen is the director of Norsk Tipping’s Responsibility, Society and Communications department. She has been a member of the monopoly’s management team since 2014.

Ensuring a “thorough process”

Sylvia Brustad, chair of Norsk Tipping, said that the search for Eriksen’s replacement is ongoing.

“The process of hiring Thor Gjermund Eriksen’s successor is underway,” she said. “We must have a thorough process and use the time necessary to provide the company with a good manager.

“I am happy that Tonje has agreed to lead the company until a new managing director can take over.”

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