Tonje Sagstuen Assumes Permanent CEO Role at Norsk Tipping

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Norwegian gambling monopoly Norsk Tipping has confirmed Tonje Sagstuen, as its permanent CEO following her interim tenure in the role since September.

Sagstuen assumed the role of acting CEO on September 1 after Thor Gjermund Eriksen departed from the position he held for less than a year.

Sagstuen joined Norsk Tipping in 2014 as Deputy CEO and served in the position for 5 years. She was most recently the Director of the Department of Accountability, Society, and Communication before she became the Acting CEO.

In addition to her tenure at the company, Sagstuen serves as an Assistant Professor and holds a Master’s Degree in Multimedia Management from BI Norwegian Business School. Before joining Norsk Tipping, she held the position of Editor-In-Chief at Oppland Arbeiderblad, a newspaper located in Gjøvik, Norway.

Prior Success and Board Support

Before venturing into her corporate career, Sagstuen had an illustrious athletic career, representing Norway in more than 200 matches, including the 1992 Barcelona Olympics as a member of the national handball team.

I am grateful for the trust the Board has placed in me and humbled by the responsibility I have been given. Norsk Tipping is a large company that plays an important role for the entire Norway, and I look forward to leading the work on our important social mission going forward.

Tonje SagstuenCEO of Norsk Tipping

Sagstuen has played a key role in developing the company’s social responsibility initiatives and societal projects. It was no wonder she was branded the “optimal candidate” and considered for the top person role by the Board of Norsk Tipping.

Related: Norsk Tipping Collects $23.7m for Good Causes

The Board has shown faith in Sagstuen's abilities, specifically commending the work she completed during her interim leadership period.

Today I am pleased to present Tonje Sagstuen as the new CEO of Norsk Tipping. With her, Norsk Tipping gets a skilled and experienced leader who knows the company and the employees very well. The Board has appreciated the job Sagstuen has done as Acting CEO and is pleased that she has accepted the position on a permanent basis. We are convinced Sagstuen is the right person to lead Norsk Tipping forward.

Sylvia BrustadChair of Norsk Tipping’s Board