Thobias Dencker (38) has been selected as CEO of Powel Energy Management AB (PEMAB), Powel’s subsidiary in Sweden. Dencker was formerly Vice President of the Power Business Unit of PEM AB. Dencker was graduated from University in Borås in 1990, and has been with PEMAB since November 2006. He has solid experience in the software and consulting business, including working for Cap Gemini. Dencker replaced Leif Henningsson, who has chosen to resign from his position after nine years with the company. Dencker will start in the new position 25 June, 2007.

“We are pleased that Dencker will lead PEMAB into the future. His experience and competency in leadership, strategy and sales, together with his proven track record of delivering results, will be invaluable in this growth phase of the company” says Bård Benum, President and CEO of Powel ASA.

Contact info:
Bård Benum: +47 481 64 670