Norican A/S (“Norican Group”), a majority-owned, private equity portfolio company of Altor Fund IV Holding AB, has today appointed Mr. Lars Priess Executive Vice President, effective March 1, 2023.
In relation to a request from Erich Brunner to reprioritize, Erich will take on a more focused management role within Norican and step down from the executive management team but remains a key member of the global leadership team.
Lars Priess will join the executive team, where his responsibilities will include the global Wheelabrator Wheel and Norican European aftermarket business, working towards our mission to achieve our customers’ expectations.
Lars is a Danish citizen and an engineer by trade with more than 20 years’ experience within the mechanical engineering sector. His latest role was as CEO of DSI Dantech. Lars will be working out of the Norican office in Taastrup, Denmark.
Anders Wilhjelm, CEO of Norican Group, said: “We are excited to welcome Lars to the Norican team. His extensive experience, his business acumen, as well as his personality are a strong fit with the Norican team and the journey our company is on.”
Lars Priess said: “I am excited to join Norican Group, a company with an impressive history and a strong market leading position. Norican has over the last years been on an exciting journey with a strong focus on, amongst others, developing cutting edge digital solutions and committing to science-based environmental targets. I look forward to working with the entire Norican organization and our customers to continue the positive developments."