Corporate governance
Vy is a limited company owned by the Norwegian Ministry of Transport and Communications. The minister of transport constitutes the company’s general meeting of shareholders.
Group management
Board of directors
About the group management and board of directors
Read a bit about each member of the management team and board members.
Bakstad is Group Chief Executive officer in Vy. Before coming to Vy in 2020, she was Executive Vice President division Network in Posten Norge AS. Bakstad has also been Executive Vice president division Post and CFO in Posten. She has also been a financial advisor in Procorp, CFO in Ocean Rig and a consultant and project manager in Arthur Andersen.
Bakstad holds an MCs in Economics and Business Administration and is also a Certified public accountant from NHH Norwegian School of Economics. Bakstad is member of the board of DNB ASA.
Download portraitRøhne is Executive Vice President Vy Passenger Train and acting Executive Vice President CargoNet. He came from the position as Executive Vice President CargoNet. Røhne has been with Vy Group since 2013 and has earlier been deputy Executive Vice President for the passenger train operation and Executive Vice President Strategy and Business Development. He has 15 years of experience within management consulting before joining Vy, coming from the position as partner in Qvartz (now Bain). Røhne graduated from BI Norwegian Business School with an MSc in business and economics.
Download portraitHaugen is Executive Vice President Vy Bus (formerly Nettbuss). He has held various executive positions in Vy Bus since 1998, where he started as the traffic manager in Nettbuss Drammen. Later he served as the CEO of the subsidiaries Nettbuss Drammen AS and Nettbuss Sør AS. Haugen was the deputy CEO and Director of Operations in Nettbuss until August 2017. He graduated in transport economics from Molde University College.
Download portraitBarth has been with the Vy group since 2014, and is Director of Strategy and Business Development at Vygruppen. From 1 January 2025 to 1 May 2025, she is Acting CEO of CargoNet. Barth has previous experience from management consulting from Qvartz, now Bain&Company, and Selmer, and she holds a Master of Science in Economics from NHH.
Kolind is Executive Vice President Business development and technology. He has been with the Vy Group since 2017, where he has been Director Mobility and Business Development. Before joining Vy, Kolind has 12 years of experience within management consulting with Qvartz (now Bain) and McKinsey, and from the Danish energy company Ørsted. Kolind holds an MCs in economics from Copenhagen Business School.
Download portraitThunshelle is the Group CFO of Vy. She was previously CFO of the passenger train operation, then called NSB, which she joined in 2004. Thunshelle was responsible for the controller function in the NSB Group from 2001 to 2004 and worked in several financial positions in NSB’s business areas and corporate staff from 1990 to 2001. She graduated with a BA (Hons) in general business administration and management from the University of Stirling in 1990.
Download portraitFlagstad is Executive Vice President for Organisation and HR.
She joined Vy (then NSB Group) as HR Director of Vy Buss (then Nettbuss) in 2015. Before that, she came from the role of Executive Vice President for HR/HSE at ISS Facility Services AS.
Kristin is a civil engineer, and has a doctorate from the Norwegian Institute of Technology (now NTNU). She also has a master’s degree in HR from BI, has previously served on the board of the freight company CargoNet and currently serves on the board of Agilia AS (formerly Trafikkservice).
Svendsen is Chair of the Board of Vygruppen. She started her career as a research scientist in Telenor in the 1980s and has been with Telenor for 30 years. She held various positions in Telenor, and was Vice President of the Telenor Group and head of Telenor Norway until 2018.
Svendsen is engaged in Norwegian business through various board positions. Her interest in technology and innovation is wholeheartedly. In 2016, Inspiring Fifty announced her to be among the 50 most inspiring women in the tech industry, and in 2017 and 2018 Kapital elected her the most powerful woman in Norwegian business.
Svendsen is Adjunct Executive in Residence at BI Norwegian Business School at the Institute for Strategy and entrepreneurship and led the Svendsen-comittee appointed by the Secretary of Defense, to evaluate the need for competence changes in the Norwegian Armed Forces.
Download portraitStokke is the deputy chairman of the board. He has over 30 years of experience in areas such as retail, finance, digitalization, branding, advertising, and concept development. Stokke has served as the CEO of Coop Norge SA.
Stokke has a strong interest in IT and modern technology. In 2019, he was named "Digitalization Leader of the Year" by Atea.
Stokke has held positions on several boards, including Coop Norge Eiendom, Sentralstyre Virke, Coop Norge Industri, Norsk Butikkdrift (ICA), Aera Payment & Identification, Samvirkelagenes Garantifond, Ferskvarehuset, Norblomst, Tradeway, Røra Fabrikker, Goman, and Coop Norge Kaffe.
He holds a degree in business administration with a specialization in computer tools from BI and is a certified IT project candidate from the IT project study at EDB Skolen.
Download portraitAlmlid is Head of the Construction business at Nye Veier. He has experience in finance and auditing in companies such as Bane Nor, PwC, KPMG and Ahus. Almlid is a state-authorised auditor and holds masters in auditing and accounting, Financial Analysis and Business and Economics. He has also held a board position in Spordrift AS.
Download portraitHenriksen holds a degree as civil engineer at NTNU. He took over as CEO of Gassnova SF in May 2023. Before this, Henriksen was executive director of Arendals Fossekompani (2008-2023), where he also managed the subsidiaries Vergia and AFK Vannkraft. Henriksen has long and broad board experience both from private and wholly and partially owned state enterprises.
Aune is CFO of Tensio AS, which is Trøndelag's newly established energy grid group. Aune has previously been CFO of Fesil ASA and CFO of the Port of Trondheim IKS. She has previously held board positions in Trønder Energi AS and Enova, among others. She is currently a board member of Store Norske Spitsbergen Kulkompani AS and Salvesen & Thams AS. Aune has an MBA in financial management and leadership from NHH.
Download portraitPetter Louis Pettersen has worked in the transport industry since 1976 and has an education in economics, business management and a professional certificate as a professional driver for heavy vehicles. In 1979 he joined Rutebilene Øybuss AL, and has been in the bus industry since then. He started at Nettbuss AS in 2002 and became head union representative in 2016 at Nettbuss AS/Vy buss AS on behalf of the Norwegian Professional Transport Federation.
Lund is employed by Vy tog Vest as a chief conductor. He has been employed by NSB/Vy since 1986.
He has been a union representative for the conductors in various roles since 2002. Lund is the head union representative for the conductors at Vy and head of the National Council of Conductors, which is part of the Norwegian Railways Federation.