Knut Ivar Solnes’ Post

These are exciting times. For Schibsted, and for me. In the next two weeks, Schibsted will receive 24 BNOK from the Adevinta sale and then split into two entities: Schibsted Media, under the sole ownership of the Tinius Trust, and Schibsted Marketplaces, a pure-play, focused marketplaces company. This shift achieves two things: It realises significant financial value for Schibsted’s owners, and sets up both new companies for future success, allowing them to carry forward Schibsted’s legacy of strong societal impact. This transformation is the result of many years of hard work by many - but also the culmination of a massive effort over the past year to make such a big change happen. It will also mean change for me. For the past five years, I have had the privilege of serving as the Head of Group Strategy & Corporate Affairs for Schibsted, working under Kristin Skogen Lund’s leadership with a dream management team and an ambitious Board. It has been immensely inspiring to work in a position where I can impact Schibsted’s direction, tackling strategic, organizational, and process-related problems of many kinds. I am very proud of our achievements. Schibsted is truly a unique company with exceptional people. Now, however, is the time to prepare for my next phase, as I have decided to leave Schibsted following the split. What’s next? It is both a strength and weakness that my profile is a bit hard to pin down: My experiences include being a leader, strategist, negotiator, advisor, board member and chair, board secretary, communicator, facilitator, and problem solver. There are many paths I could take: - Continue in the media industry, which I remain fascinated by? - Work with strategy in other industries, a core of many previous roles? - Return to consulting or advising, perhaps even start teaching? - Combine my orchestration skills to help run a bigger company in a COO role? - Become a strategically minded CFO or return to senior leadership, taking charge of a business again? - Enter private equity to help companies flourish? - Enter the public sector to have an impact there? -...? As you can tell, I am open to both career advice and career opportunities! Whatever I end up with: At 51, I believe I am at the start of what should be the most impactful decade of my professional career - old enough to have the experience to be truly effective, and young enough to still have the energy, ambition and drive to leverage that experience fully! Let me know if you have any ideas and want to talk. Schibsted mgmt: Kristin Skogen Lund, Per Christian Mørland, Andrew Kvålseth, Christian Printzell Halvorsen, Ragnar Kårhus, Grethe Malkmus, Sven Størmer Thaulow, Siv (Juvik) Tveitnes The ext Schibsted strategy team: Aleksander Rosinski, Charlotte Fearnley Ringdal, Lars Westvang, Lars Bråd Nielsen, Antti Hovila, Nóra Dakos, Markus Ahlberg, Petra Wikström-Van Eemeren, Britt Nilsen, Andreas Ehrenclou, Daniel Frykholm, Øyvind Vormeland Salte, Ian Vännman