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Aker ASA (AKER.OL)

AKER.OL on Oslo Stock Exchange

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27 Sep 2016
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Summary

Name Age Since Current Position

Kjell Rokke

58 Chairman of the Board

Oyvind Eriksen

52 2009 Chief Executive Officer, President, Member of the Executive Team

Finn Berg Jacobsen

76 2011 Deputy Chairman of the Board

Frank Reite

46 Chief Financial Officer, Member of the Executive Team

Ola Snove

39 Investment Director

Audun Stensvold

44 Investment Director

Atle Kigen

58 2010 Head of Corporate Communication

Anne Cannon

59 2015 Director

Amram Hadida

56 2015 Director, Employee Representative

Inger Karlsen

55 2015 Director, Employee Representative

Kristin Krohn Devold

55 2007 Director

Kristian Rokke

33 2016 Director

Karen Simon

57 2013 Director

Arnfinn Stenso

59 2013 Director, Employee Representative

Atle Tranoy

59 2004 Director, Employee Representative

Marianne Stigset

Investor Relations Director

Biographies

Name Description

Kjell Rokke

Mr. Kjell Inge Rokke serves as Chairman of the Board of Directors of Aker ASA. He is the main owner of the Company and has been a driving force in the development of Aker since the 1990s. Mr. Rokke launched his business career with the purchase of a 69-foot trawler in the United States in 1982, and gradually built a leading worldwide fisheries business. In 1996, the Rokke controlled company, RGI, purchased enough Aker shares to become Aker’s largest shareholder, and later merged RGI with Aker. Mr. Rokke is currently director of Aker Solutions, Det norske, Kvaerner and Ocean Yield.

Oyvind Eriksen

Mr. Oyvind Eriksen has served as President and Chief Executive Officer, Member of the Executive Team of Aker ASA since January 1, 2009. He joined Norwegian law firm BA-HR in 1990, where he became a partner in 1996 and a director/chairman in 2003. At BA-HR, Mr. Eriksen worked closely with Aker and Aker’s main shareholder, Kjell Inge Rokke. Mr. Eriksen is chairman of the board in Aker Solutions ASA, Det norske oljeselskap ASA and Aker Kvaerner Holding AS, and a director of several companies, including The Resource Group TRG AS, TRG Holding AS and Reitangruppen AS. Mr. Eriksen holds a law degree from Universitet i Oslo.

Finn Berg Jacobsen

Mr. Finn Berg Jacobsen has served as Deputy Chairman of the Board of Directors of Aker ASA since April 14, 2011. He has been Member of the Board of Directors of the Company since April 8, 2010. He is also Chairman of the Company's Audit Committee. He has held various positions with Arthur Andersen & Co, and worked as Regional Managing Partner from 1983– 1999. From 2001–2005, Mr. Berg Jacobsen worked as CFO and Chief of Staff at Aker Kvaerner. He is currently working as a consultant within corporate governance and corporate finance. Mr. Berg Jacobsen has served on the board, supervisory committees and task forces of several associations and organizations. He holds a Master of Business Administration degree from Harvard Business School, Harvard University and is State Authorized Public Accountant. He was awarded the Royal Order of St. Olav in 2000 for his contribution to the advancement of auditing and accounting.

Frank Reite

Mr. Frank Ove Reite serves as Chief Financial Officer and Member of the Executive Team of Aker ASA. He has been Chief financial Officer at the Company since August 10, 2015. He first joined Aker in 1995. He holds a B.A. in business administration from Handelshoyskolen BI in Oslo. Mr. Reite came from the position of President & CEO of Akastor, and has previously held a variety of executive positions in the Aker group, including overseeing and developing Aker's investments in Converto Capital Fund AS, Havfisk ASA, Norway Seafoods AS and Aker Yards ASA. Mr. Reite also has experience from banking and served as Operating Director at Paine & Partners, a New York-based private equity firm. Mr. Reite is chairman of Havfisk ASA, Ocean Yield and of Akastor ASA.

Ola Snove

Mr. Ola Snove serves as Investment Director at Aker ASA. He joined the Company in 2008. Mr. Snove was previously President & CEO of Epax – a joint venture between Aker and Lindsay Goldberg that was divested to FMC Corp. Prior to joining Epax, Mr. Snove had been with Aker since January 2008. He is currently Chairman of Aker BioMarine. He has a Master of Science degree in Mechanical Engineering and a Doctorate in Philosophy in Computer Science from Norges Teknisk-Naturvitenskapelige Universitet - NTNU, as well as a Master of Business Administration degree (Dist.) from INSEAD in France.

Audun Stensvold

Mr. Audun Stensvold serves as Investment Director at Aker ASA. He is responsible for the follow-up of the Company's financial investments. He joined the Company in 2006. Prior to his appointment as an Investment Director, he was Chief Financial Officer and Investment Director for Converto, which administers the Aker-owned Converto Capital Fund. He has also served as Vice President of Aker’s M&A and Business Development team. Before joining the Company, he worked as a strategy and finance consultant for Selmer, and as a financial analyst for DnB NOR. He holds a Master’s degree in Business and Economics from the Norwegian School of Economics (Norges Handelshoyskole, Bergen - NHH).

Atle Kigen

Mr. Atle Kigen has served as Head of Corporate Communication at Aker ASA since March 1, 2010. He joined the Company in October 2006. Prior to this, he was Head of Communication at Kvaerner ASA and held a Chief Executive Officer position at a Public Relations agency, GCI Monsen. He has also been Editor in Chief of the Norwegian business magazine Okonomisk Rapport, and a business and economics editor at Aftenposten and NRK Nyheter. Apart from that, he used to work as journalist at Dagens Naeringsliv. He holds a degree in Business Administration and Marketing, and has extensive corporate communication and journalism experience.

Anne Cannon

Ms. Anne Marie Cannon has served as Member of the Board of Directors of Aker ASA since April 17, 2015. She was Director of the Company from April 14, 2011 until April 17, 2013. She has over 30 years of experience in the oil and gas sector in both industry and investment banking. From 2000 to 2014, she was Sr. Advisor to the Natural Resources Group with Morgan Stanley, focusing on upstream M&A. She has previously held positions with J Henry Schroder Wagg, Shell UK E&P and with Thomson North Sea. She was an executive director on the boards of Hardy Oil and Gas and British Borneo. Ms. Cannon is the Deputy Chairman of Det norske Oljeselskap ASA. She is a non-executive director of Premier Oil and of STV Group plc. She graduated with a Bachelor of Science Honors Degree from University of Glasgow.

Amram Hadida

Mr. Amram Hadida has been Director, Employee Representative at Aker ASA since April 17, 2015. He has been employed by the Company since 1990 and has been a local union representative for Aker Stord AS and Kvaerner Stord AS on a full-time basis since 2004, a group union leader since 2012 and served several periods on the boards of Aker Stord AS and Kvaerner Stord AS during the period between 2005 and 2015. Mr. Hadida is a welder and holds a certificate of apprenticeship in the welding discipline.

Inger Karlsen

Ms. Inger Elise Karlsen has been Director, Employee Representative at Aker ASA since April 17, 2015. She has been working in the fishing industry since 1998 and has a fishing industry occupational education. Ms. Karlsen is a local union representative at Norway Seafoods in Stamsund.

Kristin Krohn Devold

Ms. Kristin Krohn Devold has served as Member of the Board of Directors of Aker ASA since March 29, 2007. She was a Member of the Norwegian Parliament for the Conservative Party from 1993 to 2005. She was Minister of Defense from 2001 to 2005. Ms. Krohn Devold is currently the management director of the Norwegian Hospitality Association (NHO Reiseliv) and director of several companies, including Aker ASA, Aker Kvaerner Holding AS, Chamber of Commerce of Sweden and Norway and World Heritage Foundation. She holds a Master’s degree in Business and Economics from Norges Handelshoyskole, Bergen - NHH, and holds a Bachelor of Science degree in Sociology from Universitet i Bergen.

Kristian Rokke

Mr. Kristian Rokke has been Member of the Board of Directors of Aker ASA since April 22, 2016. He joined Akastor ASA as CEO in August 2015 and has experience in offshore service and shipbuilding from several companies in the Aker group. He has spent the past eight years at Philly Shipyard (PHLY), most recently as Chairman of the Board and previously as President & CEO. Prior to this, Mr. Rokke served as SVP Operations and has held other production management positions at PHLY. Mr. Rokke holds an MBA from The Wharton School, University of Pennsylvania and is both a Norwegian and United States citizen.

Karen Simon

Ms. Karen Simon has served as Member of the Board of Directors of Aker ASA since April 17, 2013. She is a Vice Chairman in the Investment Bank with JPMorgan. She has over 32 years of banking experience and currently heads up the Financial Sponsors team in New York consisting of 20 investment bankers covering over 120 private equity funds for M&A, leveraged buyouts and equity capital markets transactions. Prior to her current role, Karen resided in London for 20 years where she headed up the Financial Sponsors team for EMEA, was co-head of EMEA Debt Capital Markets and head of the EMEA Oil & Gas group. Karen has over 15 years of direct experience in the oil & gas industry as a banker from 1984 to 1998 and more recently from 2012 onwards.

Arnfinn Stenso

Mr. Arnfinn Stenso has been Director, Employee Representative at Aker ASA since April 17, 2013. He is employed by Aker Solutions (former Aker Offshore Partner) in Stavanger since 1998. He is educated electrical engineer. Mr. Stenso is member of the negotiating committee in NITO (Norwegian Engineers and technologist organization) and of the liaison committee NITO – NHO.

Atle Tranoy

Mr. Atle Tranoy has been Member of the Board of Directors, Employee Representative at Aker ASA since 2004. He is also Member of the Company's Audit Committee. He is trained as a as a pipe fitter and has been an employee of Kvaerner Stord AS since 1976. Mr. Tranoy has been a fulltime employee representative since 1983. Mr. Tranoy is also the chairperson of the European Works Council in Aker.

Marianne Stigset

Basic Compensation