CealTech names Tor Morten Osmundsen as Chairman and Interim Chief Executive officer

Stavanger, Norway – CealTech AS has appointed Tor Morten Osmundsen as Chairman of the Board of Directors and Interim Chief Executive Officer, effective from August the 1^st, 2017.

Mr. Osmundsen has 35 years of international business experience at top management level within the Oil & Gas, Medical and Industry Automation sectors.  He holds several Company Board positions.

“CealTech is an exceptional company with a great future”, said Mr. Osmundsen. “It is an honor to accept the Board’s appointment. We will be working during the coming months to revitalize the business, develop partnerships and to identify the right leadership for CealTech as it enters its next phase of value creation.”

The Board welcomes Mr. Osmundsen in his new roles. His leadership will be invaluable to the Board and senior management team to realize CealTech’s plan to launch its commercial graphene production, while contributing to the global graphene commercialization journey, and supporting its Clients’ business goals by helping them gain a competitive edge in their respective markets.