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Fred Olsen Energy ASA (FOEAY.PK)

FOEAY.PK on OTC Markets Group

0.37USD
1 Dec 2016
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Summary

Name Age Since Current Position

Anette Olsen

60 1997 Chairman of the Board

Ivar Brandvold

60 2009 Chief Executive Officer, President

Hjalmar Krogseth Moe

45 2007 Chief Financial Officer

Robert Cooper

64 2003 Chief Executive Officer of Harland and Wolff Group Plc

Joakim Kleppe

2002 Chief Executive Officer of Dolphin Drilling AS

Gunnar Koloen

38 2014 Managing Director, Dolphin Drilling Pte Ltd

Graeme Murray

48 2015 Managing Director of Dolphin Drilling Limited and Dolphin Drilling AS

Richard Aa

50 2016 Director

Jan Valheim

65 2007 Director

Agnar Gravdal

75 2007 Independent Director

Cecilie Heuch

51 2007 Independent Director

Biographies

Name Description

Anette Olsen

Ms. Anette S. Olsen has served as Chairman of the Board of Directors of Fred Olsen Energy ASA since the inception of the Company in 1997. Since 1994, she has been the sole proprietor of Fred. Olsen & Co., which is in charge of the management of Bonheur ASA and Ganger Rolf ASA, where she holds the position of Managing Director. She is also Member of the Company's Compensation Committee. She holds the Chairman and ordinary Board positions with a number of companies, including First Olsen Ltd., Fred. Olsen Renewables Ltd., Fred. Olsen Cruise Lines Ltd., Timex Corporation and NHST Media Group AS. She holds a Bachelor of Arts degree in Business Organization and a Master of Business Administration degree.

Ivar Brandvold

Mr. Ivar Brandvold has served as Chief Executive Officer and President at Fred Olsen Energy ASA since November 2009. He joined the Company in September 2009 from the position of Chief Operating Officer of DNO International ASA. He previously had 23 years of experience from Norsk Hydro ASA, where he held a number of positions within the company's oil and gas activities, including the overall responsibility for the company’s global drilling operations from 2002 to 2007. He holds a Master of Science degree from Norges Teknisk-Naturvitenskapelige Universitet - NTNU (Norwegian Institute of Science and Technology) in Trondheim, Norway.

Hjalmar Krogseth Moe

Mr. Hjalmar Krogseth Moe has served as Chief Financial Officer at Fred Olsen Energy ASA since June 2007. He joined the Company in January 2005 as Financial Manager. He previously worked for Aros Securities and A. Sundvall ASA/Kaupthing ASA. He is a graduate of Handelshoyskolen BI (BI Norwegian School of Management).

Robert Cooper

Mr. Robert J. Cooper has served as Chief Executive Officer of Harland and Wolff Group Plc within Fred Olsen Energy ASA since February 2003. Prior to that he was Financial Director at Harland and Wolff Group from 1993. He joined the Company in 1983 as Trainee Accountant, and after completing his International Capital Market Association (ICMA) professional examinations, he held a number of positions within the finance department.

Joakim Kleppe

Mr. Joakim Kleppe has served as Chief Executive Officer of Dolphin Drilling AS within Fred Olsen Energy ASA since June 2002. Previously, he was previously Senior Vice President HR/QHS&E & ICT at Dolphin AS and had been working within similar responsibilities and professions for 16 years for Kvaerner/Kvaerner Oil & Gas. He is a graduate of Universitetet i Bergen (University of Bergen) in Norway and Rogaland Distriktshoyskole in Stavanger, Norway.

Gunnar Koloen

Mr. Gunnar Koloen has been Managing Director of Dolphin Drilling Pte Ltd within Fred Olsen Energy ASA since July 2014. He first joined the Company in July 2011 as CFO for Dolphin Drilling Pte Ltd. He has previously held positions in the Awilco Offshore Group (later known as China Oilfied Services Limited), Gram Car Carriers and KPMG. He holds a Master of Science degree in Finance from University of Strathclyde and qualified as a state authorized public accountant from Norway.

Graeme Murray

Mr. Graeme Murray has served as Managing Director of Dolphin Drilling Limited and Dolphin Drilling AS within Fred Olsen Energy ASA since December 2015. He has been Managing Director of Dolphin Drilling Limited within the Company since April 1, 2012. Prior to his appointment he was General Counsel of Subsea 7 for 10 years. Beginning his career as a Solicitor in private practice, Mr. Murray has also held legal positions with Halliburton and Coflexip Stena. He is a member of the Law Society of Scotland and has a Bachelor of Law degree and postgraduate Diploma in Legal Practice from Aberdeen University and is a Notary Public.

Richard Aa

Jan Valheim

Mr. Jan Peter Valheim has served as Member of the Board of Directors at Fred Olsen Energy ASA since May 2007. He was Chief Financial Officer of the Company between 2002 and 2007. He joined Fred. Olsen & Co. as CFO. Prior to joining Fred Olsen Energy ASA in 2002, he worked for Scribona AB, PC Lan ASA, Saga Petroleum ASA and Fearnley Finans AS. He is a graduate of Handelshoyskolen BI (BI Norwegian School of Management).

Agnar Gravdal

Mr. Agnar Gravdal has served as Independent Member of the Board of Directors at Fred Olsen Energy ASA since May 2007. He is Independent Consultant. Prior to that, he served as Chief Executive Officer (CEO) at the Rosenberg Yard from 2003 to 2007. In addition, he has many years of experience in CEO positions within various companies in the Kvaerner group, Aker group and Umoe group, as well as in the development and design of advanced LNG ships. He chairs the Boards of Directors of Sway AS and Lyse Produksjon AS, and serves as Board Member at Scanfuel AS and Inwind AS. He obtained a Master's degree in Naval Architecture and Marine Engineering from Norges Teknisk-Naturvitenskapelige Universitet - NTNU in 1968.

Cecilie Heuch

Ms. Cecilie B. Heuch has served as Independent Member of the Board of Directors at Fred Olsen Energy ASA since 2007. She is Chief Human Resource Officer at DNV GL. She previously worked for Norsk Hydro in the fertilizer division (now Yara), in Hydro Aluminium and in Corporate staff. Over the years, she has held several positions within economic and market analysis, strategy and business development. She graduated from Institut d'Etudes Politiques de Paris. She also obtained a Master of Science degree from the London School of Economics and a Business diploma from Henley Management College.

Basic Compensation

Name Fiscal Year Total

Anette Olsen

31,000

Ivar Brandvold

1,049,000

Hjalmar Krogseth Moe

472,000

Robert Cooper

416,000

Joakim Kleppe

479,000

Gunnar Koloen

563,000

Graeme Murray

582,000

Richard Aa

--

Jan Valheim

25,000

Agnar Gravdal

25,000

Cecilie Heuch

25,000
As Of  30 Dec 2015