Opera Software Chief Financial Officer/Chief Strategy Officer Resigns

Opera announced today that Erik C. Harrell, Chief Financial Officer and Chief Strategy Officer, has tendered his resignation, informing the Company that he plans to pursue professional opportunities outside the company. Harrell has been CFO since 2005 and CSO since 2010. Harrell´s resignation as CFO/CSO is effective from April 15th.  

“Erik has been a key contributor to the success, rapid growth and scaling of Opera´s business from $15 million annual revenue the year before he joined the Company to around a $775 million annualized revenue run rate based on 4Q15 revenues, said Lars Boilesen, CEO. “We will miss him and wish him the best.”

"My more than ten years at Opera have been a tremendous experience, leading Opera´s finance, strategy and corporate development functions -- working with many talented people to transform Opera from a desktop only company when I joined in 2005 to a global leading mobile consumer and mobile advertising company today,” said Harrell.  “Going into 2016, Opera has never been better positioned for future growth.”

Petter Lade, Investor Relations

Tel: +47 2369 2400

About Opera Software ASA

Opera enables more than 350 million internet consumers worldwide to connect with the content and services that matter most to them. Opera also helps publishers monetize their content through advertising and advertisers reach the audiences that build value for their businesses, capitalizing on a global consumer audience reach that exceeds 1 billion.