Regime change at Norwegian giant

Navico, the Norway-headquartered group of marine electronics brands, has appointed Carsten Kipping as its new permanent chief financial officer (CFO).

Kipping joined Navico in March this year as an interim CFO and brings more than 10 years of corporate finance, management and consulting experience to the role. As a member of Navico’s Corporate Executive Committee, he will also continue to drive the global finance function within Navico, reports IBI magazine.

Prior to joining Navico, Kipping ran his own consulting company focussed on interim CFO roles and finance projects.

Navico is the parent company of brands including B&G, Lowrance and Simrad. Navico has 2,500 employees globally.