Kahoot! AS (“Kahoot!” or the “Company”) announces today that Ken Østreng has been appointed to the position as Chief Financial Officer of Kahoot!, commencing April 1st 2020. Østreng takes over the CFO role from Martin Kværnstuen. Kværnstuen will support Kahoot! during the transition until the end of Q2 2020.

Prior to joining Kahoot!, Østreng held CEO and CFO positions in Confirmit AS; a leading SaaS vendor for multi-channel Customer Experience, Employee Engagement, and Market Research solutions. Østreng has been CFO in both privately held and publicly listed tech companies.

“We are delighted that Ken has accepted the position as CFO of Kahoot!. Ken brings rich knowledge and experience on building SaaS businesses, in addition to solid M&A know-how. Ken will be a strong contributor to the team and will play a key role in preparing the Company for a main listing during the first half of 2021”, says Eilert Hanoa, CEO of Kahoot!

“I am excited to join Kahoot! as its new CFO. The results Kahoot! has achieved to date are truly impressive. I look forward to helping Kahoot! build even more momentum, and to help secure its continued growth and expansion.”, says Ken Østreng.

On Martin Kværnstuen’s departure, Hanoa comments: “I have had the pleasure to
work closely together with Martin as Kahoot!’s CFO since 2014. Martin has been instrumental in building Kahoot! into the successful growth company it is today. I sincerely thank Martin for his passion and countless contributions, and we wish him success in his new adventures”.

For further inquiries contact:

Julie Wessel, IR
Phone: +47 993 72 451
Email: julie@kahoot.com

Eilert Hanoa, CEO
Phone: +47 928 32 905
Email: eilerth@kahoot.com

Find an overview of all Kahoot!’s recent announcements on our Investor relations page.