Endre Rangnes

President & CEO, Tieto

Search every verified Endre Rangnes interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Endre Rangnes, recently appointed permanent CEO of TietoEVRY, presented the company’s Q2 2025 earnings on July 22, 2025. During the call, Rangnes stated that the company has a "very solid market position, a strong software and services portfolio and also highly talented people," but noted that a "lack of revenue growth over a long period of time has resulted in a too high cost and SGNA base." He emphasized that the company "really doesn't need a new strategy" and that what is needed is to "execute on what we have." Rangnes also discussed early signals of international growth in the company’s care software business and said he expects to open up that space by being "more relevant in the market." Rangnes addressed the company’s leverage, with net debt to EBITDA at 2.4, and stated that the company is "not happy with 2.4" and will work to improve toward its target level of one to two by year-end. He also noted that while there is "a lot of hype around AI," the company sees increasing interest in the area. Rangnes took on the role of CEO after serving as interim CEO since the beginning of May 2025.