Geno SA, the Norwegian Red breeding organisation based in Norway, announces that Sverre Bjørnstad, Chief Executive Officer, will be stepping down from his position from January 2020. Sverre will be taking the position of Director – Inland at Innovation Norway and has committed to remain with Geno and continue his role until the end of the year to ensure a good transition period and continue to drive the organisations’ goals for this financial year.
Sverre Bjørnstad has held his position in Geno for almost 23 years. “I am certain that one of the factors which has contributed me being able to take this new opportunity at Innovation Norway is the depth of experience Geno and our subsidiaries has provided me”, says Bjørnstad. “I will take all the knowledge and insight from my time at Geno with me to my new position, and I am grateful to have been able to contribute to Geno’s growth and success during my incumbency. “
“Sverre welcomes new challenges and opportunities. After 23 years at Geno we understand his decision to look for the next step in his journey, and the entire board would like to congratulate him on his new position”, says Jan-Ole Mellby, Chairman at Geno SA. “The board has commenced its search to identify a new CEO, however we have no doubt that Sverre is fully-committed to Geno until the new year.”
Norwegian Red is the main dairy cattle breed in Norway, developed by Geno SA. Geno SA is a farmer-owned cooperative that has been breeding Norwegian Red dairy cattle since 1935. Geno sells over 1 million doses of semen from elite Norwegian Red bulls each year and distributes genetic material to more than 30 countries worldwide. Geno's vision: Breeding for better lives. Geno's head office is in Hamar, Norway.