AutoStore appoints Mats Hovland Vikse as new CEO

AutoStore appoints Mats Hovland Vikse as new CEO

AutoStore Holdings Ltd. (AutoStore) has announced the appointment of current Chief Revenue Officer Mats Hovland Vikse as CEO, effective January 1, 2023. Current CEO Karl Johan Lier will retire as part of an orderly and planned transition. Lier will be employed in AutoStore until March 2023.

Under Lier’s leadership as CEO, and Hovland Vikse’s tenure as CRO, AutoStore reached over 1,000 systems sold in 46 countries, with over 42,000 robots presenting an impressive ~5 billion bins.

“Mats is a key figure behind the AutoStore growth,” said Co-Chairman Jim Carlisle. “Both the Board and Karl Johan agree the his demonstrated strategic leadership, relentless focus on commercialization, and deep internal support make him the clear choice for the role.”

“We are well positioned for continued strong growth with outstanding margins given our product capabilities, distribution network, and business model,” Hovland Vikse commented. “I am honored by the opportunity and have unwavering confidence in the future of AutoStore,” he continued.

“It has been a privilege to lead AutoStore from the outset and see the products and company grow as it has through great people, culture, and passion. I’m very pleased to leave the CEO role in Mats’ capable hands as he has been an outstanding contributor to the AutoStore journey from his very first day with the company five years ago,” CEO Karl Johan Lier said.

“We would like to thank Karl Johan for his leadership,” Carlisle added. “Karl Johan has been pivotal to the company’s success, and we wish him the very best in retirement.”

Free Magazine & eNewsletter

Printed Monthly Magazine

Published monthly, Material Handling Wholesaler offers feature columns and special coverage of relevant industry issues and products.

Digital Monthly Magazine

Published on the fourth Thursday of each month, Material Handling Wholesaler offers feature columns and special coverage of relevant industry issues and products.

Material Handing Wholesaler Weekly Newsletter

Our Weekly newsletter is emailed every Tuesday and contains the latest Industry Events and People News, Source Directory, and important Industry Links.

Forklift International Weekly Hot Sheet Newsletter

Published every Monday morning with the latest material handling equipment
available for sale.

Share the Post:

Related Posts

Our Current Issue

Free Magazine & eNewsletter

Our magazine is published and mailed monthly, Material Handling Wholesaler offers feature columns and special coverage of important industry issues. Subscription is FREE to qualified readers.

Weekly Newsletter – Get the latest industry events and people news in this weekly e-newsletter as well as direct access to Wholesaler’s Source Directory and link.

Current Supplements

Strong start to Q3 with 136 new Industrial Manufacturing Planned Industrial Projects

Industrial SalesLeads released its October 2024 report on planned capital project spending in the Industrial Manufacturing sector. The firm monitors…

Think CASH in ’25

Last month, I suggested that dealers compare their 24 results against their peers’ accounting and cash flow budgets. I also…

Assessing Machinery Dealer Fundamentals – A Strategic Approach

Are you ready for 2025? Here is a 60-question assessment of how well your business has adopted those fundamental Best…