Press Release (December18, 2025)

Petter Nordli Appointed CEO of Loxy Group

PRESS RELEASE

Date: December 18, 2025
Location: Halden, Norway

Petter Nordli appointed CEO of Loxy Group

Loxy Group is strengthening its leadership structure through a planned transition. Effective January 1, 2026, Petter Nordli will assume the role of Chief Executive Officer (CEO), while current CEO and owner Stig Nordli will transition to the position of Chief Operating Officer (COO).

This change is part of a strategic evolution to ensure continuity, structure, and further professionalization within Loxy Group.

“Loxy has experienced strong growth in recent years, and we are now entering a new phase. By establishing a clearer division of responsibilities between operations and strategic leadership, we are strengthening the group’s ability to grow internationally,” says Björn Yrlid, Chairman of the Board at Loxy Group.

Experienced leader with international background

Petter Nordli comes from the role of COO at Loxy Group and brings extensive experience from international industry and commercial leadership.

“I look forward to leading Loxy Group’s continued development. We have a strong team, solid products, and a unique market position. Together, we will build on the company’s strengths and drive growth in existing and new markets,” says Petter Nordli.

Continuity in operational leadership

As COO, Stig Nordli will continue to play a central role in daily operations, focusing on operational quality, production, and the group’s strategic key processes.

“This is a natural evolution for the group. I look forward to focusing on operational efficiency and contributing to Loxy remaining a solid, innovative, and forward-thinking player in our industry,” says Stig Nordli, COO and owner of Loxy Group.