Management Team
Eltek's management team combines commitment and ambition with extensive experience in the global electronics equipment industry.
Colin Howe – Chief Executive Officer
- Born: 1963
- Joined Eltek UK in 1989, became Managing Director in 1999
- Drove US growth and overhauled Valere following acquisition
- Promoted to EVP of Global Sales in November 2008 and to CEO Eltek Valere in October 2010
- Promoted to Group CEO in September 2011
- Holds 164,678 shares and 77,000 stock options
Mark Baker – Acting CFO and Finance and Commercial Director
- Born: 1963
- Joined Eltek UK in May 2001
- Instrumental in creating profitable and cash generative company at an international level
- Promoted to Commercial Director in September 2009
- Holds 0 shares and 5,000 stock options
Frode Vågen – Chief Quality Officer
- Born: 1958
- Joined Eltek 1994 and promoted to Quality manager in 1996 and to Chief Quality Officer in 2003
- Achieved successful implementation of Eltek Traceability System, world class quality reporting tools and risk analysis methods
- Holds 97,297 shares and 12,000 stock options
Reidar Hagen – Chief Technology Officer
- Born: 1954
- Joined Eltek in 1997
- Responsible for establishing Eltek as technology leader in the market for power density, efficiency and cost
- Holds 702 shares and 12,000 stock options
Morten Schøyen – Chief Marketing Officer
- Born: 1963
- Joined Eltek in 2000
- Active involvement in many corporate activities and business segments – including industrial and e-Mobility
- Promoted to Chief Marketing Officer in 2008
- Holds 14,500 shares and 12,000 stock options
Bengt Lundberg - EVP Global Operations
- Born: 1973
- Joined Eltek in 2005 as Strategic Sourcing Manager
- Stationed in China 2007 - 2008
- Promoted to VP Global sourcing in 2008
- Promoted to EVP Global Operation in 2011
- Holds 47,610 shares and 0 stock options
Lars Dousa – Executive Vice President Industrial
- Born: 1960
- Joined Eltek in 2004 as Managing Director of Sweden
- Promoted to Vice President of OEM sales in 2007 – achieving increased growth and improved gross margin
- Promoted to EVP of Industrial business segment in 2009
- Holds 0 shares and 12,000 stock options
Michel Fraisse – EVP Global Sales & Marketing (Telecom, Renewable & E-mobility)
- Born: 1965
- Joined Eltek 2002 as Sales and Marketing Director for Eltek France and responsible for development of Alcatel Lucent and France Telecom
- In 2010 took on additional responsibility of E-mobility
- Promoted to Regional President of Europe in January 2011t
- Holds 0 shares and 8,250 stock options
Bob Hurley - MEA Regional President
- Born 1957
- Joined Eltek January 1991 as Project Manager
- Moved into Global Accounts in 2003 promoted to Global Accounts Director 2009
- Promoted to MEA Regional VP April 1st 2012
- Holds 101,000 Shares 0 stock Options
Kenneth Bodahl – Asia Pacific Regional President
- Born: 1972
- Joined Eltek 1996
- Relocated to Singapore in 2000 and has been instrumental in development of Asian business
- Promoted to Asia Pacific Regional President in 2005
- Holds 370,000 shares and 12,000 stock options
Allen Pitts – Americas Regional President
- Born: 1969
- Joined Eltek 1992 as sales/product manager
- Developed the business in Latin American Region from 2003 to 2008
- Promoted to Americas Regional President in 2008
- Holds 60,000 shares and 12,500 stock options