Morten Holum has been appointed executive vice president (EVP) and chief operating officer (COO) of Hexagon effective September 1. He has been strategic advisor to Hexagon's management since February of this year. He has broad industrial experience in different management and executive roles, most recently as chief executive officer of Saferoad.

"We are excited to have Holum join our team as our new COO. His leadership and experience will be very valuable in the next phase of shaping Hexagon as a global leader of clean energy storage and transportation solutions,” said Jon Erik Engeset, CEO of Hexagon in a press release by the company.

"I am excited to join the Hexagon team and find it highly motivating to pursue Hexagon's mission of driving energy transformation," said Holum.

Hexagon Composites ASA is a globally leading supplier of composite pressure cylinders for gas applications. (PC)