Element Logic co-founder Dag-Adler Blakseth passes the baton: Ankush Malhotra is appointed new Group CEO of Element Logic

Today it was announced that Ankush Malhotra has been appointed the new Group CEO of the technology and automation company Element Logic. He is taking over from Dag-Adler Blakseth who co-founded the company nearly 40 years ago and who 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 create value for our customers and help the business move forward in the years,” 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 in the UK, the last 4 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 is now aiming 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, and his vast knowledge in managing a growth company with varied complexity in a global market make 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 as Chairman of the Board.

Ambitious growth plans ahead

In recent years, Element Logic has expanded significantly, extending its distribution to new markets. During the past three years, the company has grown from 12 to 19 markets, from one to three continents, and from 170 to 900 employees worldwide. Now, 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 market share across the globe through international expansion, and an increased product and services 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,” concludes Malhotra.

For more information, please contact:

Ankush Malhotra
Group CEO, Element Logic
Mobile: +44 7970102032
E-mail: Ankush.Malhotra@elementlogic.no

Armin Gesslein
CEO APAC, Element Logic
Mobile: +49 160 435 2019 / +65 8833 3610
E-mail: armin.gesslein@elementlogic.sg

Dag-Adler Blakseth
Chairman of the Board, Element Logic
Mobile: +47 909 40 537
E-mail: dag-adler.blakseth@elementlogic.no

About Element Logic

Element Logic is a technology company that optimises warehouses for customers to gain a competitive edge. The company was founded in 1985 and is headquartered in Norway. It operates worldwide and is the world’s first and largest AutoStore-partner. Element Logic offers its customers automated robotic solutions, software, and consulting services. Its total revenue for 2023 was EUR 471 million.

For more information go to elementlogic.net and follow us on LinkedIn, Facebook and Youtube.