Bergans, the Norwegian outdoor company, is searching for a chief executive as Ragnar Jensen is preparing to retire. This was confirmed by ads placed in Scandinavian trade publications. The 71-year-old Jensen has been in charge since 1981 but he previously worked for Ally, a brand of canoes and kayaks taken over by Bergans. Ten years into his tenure as chief executive Jensen bought out Bergans together with Sølvi Nilsen, another leading executive at the company. The buyout was backed by the investor Torstein Sørland, the group's largest shareholder. Jensen has engineered far-reaching strategic changes at Bergans, which have enabled it to expand beyond its dominant position in the Norwegian outdoor market. More details in The Compass.
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