Lothar Geilen taking over

Succeeds Magnus Greko as President and CEO.

“As Opus now enters a new phase of development, we’ve also reviewed the allocation of work within company management,” says Magnus Greko. “As a natural result of this, Lothar Geilen is taking over as president and CEO of Opus Group. This means I’ll be letting go of my operational duties and will work instead with the Group’s strategic business development.”

It was Lothar Geilen who co-founded the American company Systech in the year 2000 and which was acquired by Opus in 2008. Since then, he has been responsible for vehicle inspection operations at Opus.

“I’m very pleased that Lothar accepted the position as our new CEO,” says Karin Bonde, who chairs the Opus Group Board of Directors. “He knows the business from top to bottom and has extensive international experience from vehicle inspection operations. Lothar has been a key member of the management team and made a strong contribution to our leading role among the world’s vehicle inspection companies.”

The change is part of the new growth plan presented on February 14. The plan includes expansion into new markets and company acquisitions which will require sharper focus on strategic business development, a task which Magnus Greko is now taking over. Lothar Geilen will lead the Opus Group through this growth period – a challenge he is looking forward to.

“My focus will be on international expansion and strengthening our leading technological position and our sustainability efforts,” he says. We’ve built a good foundation and all the conditions are right for our achieving our set objectives.