Volvo Ocean Race, Frostad quits. Who will be the successor?
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Knut Frostad, the CEO of the Volvo Ocean Race (the round-the-world round-the-world sailing race) has announced-surprise-that he will leave the role at the end of 2015 for personal reasons, after eight years at the helm of the round-the-world sailing crew. Frostad, a 48-year-old Norwegian, had assumed the position in March 2008 and led the event for three editions, in 2008/09, 2011/12 and 2014/15. Now the search for his successor begins. Will it perhaps be a “seasoned” sailor (just like Frostad, with four round-the-world races behind him in his career, two as a skipper: a Bouwe Bekking, for example, a Volvo veteran), one of the current VOR cadres, or will they opt for a pure manager? The fact remains that the Volvo, while highly attended, would need to return to the large participation numbers of yesteryear (when the event was still called Whitbread): one certainty. In 2017/18 there will still be racing with Farr’s VO65 monotypes, which have proven to be reliable-perhaps the most significant legacy left by Frostad is precisely that he introduced the monotype to the round-the-world race-and others may be built alongside them.
MORE TIME TO MY FAMILY
“I’ve invested almost half my life and a lot of passion in the regatta, and this is one of the hardest decisions I’ve ever had to make,” he said, “I’m one of those people who experience things as ‘all or nothing,’ and this is a totalizing regatta. Now I want to devote more time to my young family. The Volvo Ocean Race is in a very strong position for the future, with the monotype format proving successful, a very good team is working in the Alicante office, and the Volvo Car Group and Volvo Group ownership is ambitious and committed.”
Frostad will remain in the CEO position until the end of 2015, while the search for his successor has already begun.
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