| CEO Name | Svein Olav Toro |
| Nationality | Norway |
| Net Worth Estimation | $2 million |
Svein Olav Toro, current CEO of Nammo AS, has an estimated net worth around $2 million, primarily from executive compensation, stock options, and long-term incentives associated with his leadership at Nammo AS, a prominent Nordic defense and aerospace company. Limited public data and private company ownership constrain precise assessments, but comparisons with similar executives in Norway's defense sector support this valuation.
Svein Olav Toro, CEO of Nammo AS in the defense sector, has an estimated net worth of $2,000,000, which is 2% of the maximum and 100% above the minimum for CEOs in this category. His net worth positions him toward the lower end of the $1,000,000 to $50,000,000 industry range.
Business Category: Defense
Minimum Net Worth (estimation): 1000000 USD
Maximum Net Worth (estimation): 50000000 USD
Svein Olav Toro Performance in Nammo AS
Svein Olav Toro, CEO of Nammo AS, demonstrates strategic leadership by driving innovation and operational excellence in aerospace and defense manufacturing. His decision-making emphasizes sustainable growth, technology advancement, and global market expansion, enhancing Nammo's competitive position. Under Toro's leadership, the company has achieved improved financial performance, strengthened R&D capabilities, and reinforced its reputation as a key player in defense solutions.
Latest News
Nammo AS CEO Morten Brandtzaeg Leads Strategic Expansion and Security Enhancements
Nammo AS, a leading Norwegian defense company, recently broke ground on a rocket motor factory in Florida to boost U.S. defense capacity, with CEO Morten Brandtzaeg emphasizing long-term national security benefits. Brandtzaeg also highlighted challenges in European munitions production capacity, the importance of multi-year contracts, and measures to enhance security at production sites amid rising infrastructure threats in Europe.
Source: http://defence-industry.eu/nammo-breaks-ground-on-rocket-motor-factory-in-florida-to-boost-u-s-defence-capacity/