Inovretail appoints new CEO
The retail technology specialist, invested by Sonae IM, chooses Norwegian Trond Kongrød to lead its next phase of growth
Inovretail has appointed Trond Kongrød as new CEO. Trond brings more than 25 years of leadership experience at retailers and technology companies and will be focusing on accelerating the company’s internationalization.
Inovretail is part of the portfolio of Sonae IM, the investment arm of Sonae and a leading retail tech investor. The company’s software is used by retailers like Levi’s or Adidas to bring omnichannel and digital capabilities to the stores.
With a comprehensive and in-depth knowledge of the sector specifics across Europe, Trond Kongrød joins Inovretail after six years as the SVP EMEA of StrongPoint, a company focused on e-commerce logistics, payment and shrinkage solutions for retailers. In addition to the SVP position, Trond Kongrød was responsible during the last 4 years to establish and grow StrongPoint in Spain, operating from Madrid. Prior to StrongPoint, Trond had a vast retail experience holding C-level positions in consumer electronics and grocery retailers.
Trond will join André Sousa and Hugo Lopes, the management team who has been leading the company.
In store efficiency and omnichannel will be increasingly more important for brick-and-mortar stores. Inovretail has a unique SaaS and AI solution that has been key for retailers such as Adidas and Levi’s to increase customers satisfaction and in-store efficiency, and is a recognized international SaaS technology leader, backed by Sonae IM. For more information please visit https://www.inovretail.com/
About Sonae Investment Management
Sonae IM is the technology investment arm of the multinational Sonae Group. With 40 direct investments and growing, it encompasses stakes in companies on a global scale, from early to growth stages, and in strategic business areas such as cybersecurity, digital infrastructure and retail technology. For more information, visit https://sonaeim.com/