MTS Appoints New CEO

Rune Mejer Rasmussen, Executive Chairman of the MTS board, will replace Brynjar Gevelt as CEO on March 1. Rune Mejer Rasmussen will take on the task of leading MTS through its next phase of expansion. MTS aims to strengthen its industrial positioning, and achieve profitable growth in a rapidly growing e-business market. Rune comes form the position as Chief Information Officer in Unitor. He has been a member of the MTS board since 2001 and its Chairman since 2003. Brynjar Gevelt has been with MTS since the establishment in 2000 and has held several positions, ending up as CEO in 2003. Under Brynjar's leadership MTS signed up its first customers, Brynjar has now decided to step down for personal reasons and will pursue other career opportunities that will allow him to spend more time with his family.