Ankush Malhotra is appointed new Group CEO of Element Logic
“Ankush Malhotra is the right person to lead the company forward in what will be a significant global endeavour,” Dag-Adler Blakseth, former Group CEO of Element Logic, said.
Today, the technology and automation company Element Logic announced the appointment of Ankush Malhotra as the new Group CEO. He is taking over from Dag-Adler Blakseth, who co-founded the company nearly 40 years ago and is stepping back from the day-to-day operations after 30 years at the helm.
“I am truly honoured to take on this role and look forward to joining this great company with a rich legacy. Element Logic has undertaken an impressive growth journey and has great ambitions for the next chapter. I am excited to join a passionate team and am committed to creating value for our customers and helping the business move forward,” says Ankush Malhotra.
Malhotra is based in London and brings relevant experience from his 18 years at Danaher/Fortive/Fluke. He has held various positions in the US and the UK, the last four years as President of Fluke Reliability, an innovation leader in the markets it serves. Malhotra steps in as the new CEO with immediate effect.
“With the global expansion the company aims for, it is a natural time to pass the baton. Ankush Malhotra is an ambitious and internationally experienced leader who understands what it takes to succeed as a global company. His leadership style and principles align well with what we at Element Logic stand for and aspire to be. His vast knowledge in managing a growth company with varied complexity in a global market makes him an ideal choice for the next part of our journey,” says Dag-Adler Blakseth, former Group CEO of Element Logic. He is now stepping into the role of Chairman of the Board.
Ambitious growth plans ahead
Element Logic has expanded significantly in recent years, extending its distribution to new markets. During the past three years, the company has grown from 12 to 19 markets, one to three continents, and 170 to 900 employees worldwide. The ambition is to capture even more market shares in and outside Europe to become the leading integrator for automated warehouse solutions globally.
Element Logic’s next chapter is an exciting one. We have ambitious goals to increase our global market share through international expansion and an increased product and service offering. Together with the talented team at Element Logic, I will use my experience and knowledge to serve our customers and drive profitable growth while continuing to foster an employee-focused culture.
Ankush Malhotra, Group CEO of Element Logic