People: Norwegian Energy Company ASA (NOR.OL)

NOR.OL on Oslo Stock Exchange

0.18NOK
16 Apr 2014
Price Change (% chg)

kr0.01 (+5.88%)
Prev Close
kr0.17
Open
kr0.17
Day's High
kr0.18
Day's Low
kr0.16
Volume
8,052,260
Avg. Vol
41,860,199
52-wk High
kr1.77
52-wk Low
kr0.13

Search Stocks

Summary

Name Age Since Current Position

Morten Garman

67 Chairman of the Board

Svein Killingland

57 2013 Chief Executive Officer

Orjan Gjerde

43 2013 Chief Financial Officer

Lars Fosvold

51 Vice President of Exploration

Oyvind Sorbo

Vice President Commercial

Hilde Alexandersen

46 2012 Member of the Board, Employee Representative

Hilde Dronen

53 2011 Director

David Gair

Director

Erik Henriksen

2014 Director

Bard Laerum

43 2010 Director, Employee Representative

Marika Svardstrom

2014 Director

Biographies

Name Description

Morten Garman

Mr. Morten Garman serves as Chairman of the Board of Directors of Norwegian Energy Company ASA. He is an attorney-at-law, and has wide experience as counsel in most areas of business law, including assistance in financing. He works with stock exchange and securities law, corporate law, international law, contract law, transport law, litigation in construction and offshore contracts, and he also acts as an arbitrator in disputes within these areas. He has board experience and holds directorships in large Norwegian corporations and foreign companies with international activities.

Svein Killingland

Mr. Svein Arild Killingland has served as Chief Executive Officer of Norwegian Energy Company ASA since May 13, 2013. Prior to this appointment, he was Partner at HitecVision (2010-2012). Earlier in his carrier, he worked for Statoil, Revus Energy and Wintershall, predominantly within upstream oil and gas business development. Mr. Killingland holds a degree in Economics and Management from Norges Handelshoyskole, Bergen – NHH.

Orjan Gjerde

Mr. Orjan Gjerde has been Chief Financial Officer of Norwegian Energy Company ASA since March 2012. He has more than 15 years of experience as a CFO from companies like IKM Gruppen AS, Proserv Group AS and Skanem AS. He also has experience from financial and operational restructuring, strategy and business development, mergers and establishments, as well as directorships in IKM Gruppen AS, Rig Management Norway AS, Wellcon AS (Chairman), and Cyviz AS (Chairman and Co-Founder). He is State Authorized Public Accountant and graduated from Norges Handelshoyskole, Bergen - NHH in 1995.

Lars Fosvold

Mr. Lars Fosvold is Vice President of Exploration at Norwegian Energy Company ASA. He joined the Company in December 2005. He has worked in the Oil and Gas industry since 1986 in Norway and internationally. He has held various Specialist and Senior Geoscience positions in the total value chain from Exploration to Development and Production within several oil companies. He holds a Bachelor of Science degree with Honors in Applied Geology from the University of Strathclyde in Scotland.

Oyvind Sorbo

Mr. Oyvind Sorbo serves as Vice President Commercial at Norwegian Energy Company ASA. He joined Noreco in September 2006. Has worked in the oil and gas industry since 1993, and held positions in Amoco and BP within finance, economic analysis, commercial operations and business development. He held several commercial responsibilities within BP, including the role of Commercial Advisor for their producing assets. In Noreco, he has held positions as Sr. Commercial Advisor and Business Development Manager. He holds a BA (Hons) degree in Economics and Finance from the University of Strathclyde Scotland.

Hilde Alexandersen

Ms. Hilde Alexandersen is Member of the Board, Employee Representative of Norwegian Energy Company ASA since October 2012. She has 19 years of experience from the oil and gas industry. She has a Master of Science degree in geology from the Universitete i Bergen. Prior to joining Noreco in 2007, she has held various subsurface positions in ConocoPhillips and has experience from exploration, operations and producing assets. She currently holds a position as a Senior Geologist within Noreco’s Developments team.

Hilde Dronen

Ms. Hilde Dronen has served as Member of the Board of Directors of Norwegian Energy Company ASA since April 28, 2011. She is currently Chief Financial Officer in DOF ASA (since 2004), and has experience from the offshore sector. She previously worked as the Finance Director in Bergen Yards AS (2003–2004) and Group Contoller for the Mogster Group (1995–2003). She serves on several Boards of Directors, including the Board of Directors in DOF Subsea AS (since 2005) and Sevan Marine ASA (since 2006). She holds a Business Administration degree and Business Management degree from the Norwegian School of Management (Handelshoyskolen BI) and a legal course from Universitetet i Bergen (UIB).

David Gair

Mr. David Gair no longer serves as Member of the Board of Directors of Norwegian Energy Company ASA, effective as of April 25, 2014. He has an international petroleum engineering background, and years of experience from executive E&P leadership and M&A delivery in BP and Royal Bank of Canada. Mr. Gair is a chartered engineer from the Institute of Petroleum, and holds a Bachelor of Science degree (Hons) in Industrial Chemistry from Kingston University.

Erik Henriksen

Mr. Erik Henriksen has served as Member of the Board of Norwegian Energy Company ASA since February 2, 2014. He was previously Member of the Company's Board from March 22, 2013 until August 22, 2013. He is an advisor to Sabaro Investments Limited. He has a diploma in International Shipping from London School of Foreign Trade. Mr. Henriksen has been a founder, developer and investor in various companies over the last 30 years including Telecomputing ASA, Intelecom ASA, Discoverer ASA, Tanker Navigation ASA (all companies have been listed at the Oslo Stock Exchange) as well as many private companies including Trader Navigation (UK) Limited. Earlier in his career he worked for F.H. Lorentzen & Co., Oslo, Stolt-Nielsen Group (Oslo and the US), R.S. Platou (Oslo and Hawaii) and was in charge of a joint venture company between R.S.Platou and the Erling Lorentzen Group in Rio de Janeiro, Brazil.

Bard Laerum

Mr. Bard Arve Laerum has been Member of the Board, Employee Representative of Norwegian Energy Company ASA since October 1, 2010. He is Asset Manager with the Company. He has more than 16 years of experience from the industry. He joined Noreco in 2007. He worked 11 years in various positions within subsurface, projects and commercial in BP prior to joining the Company. He holds a Master of Science degree in Petroleum Technology from University of Stavanger (Universitetet i Stavanger).

Marika Svardstrom

Ms. Marika Svardstrom has served Member of the Board of Norwegian Energy Company ASA since February 4, 2014. She previously was Member of the Company's Board from March 22, 2013 until August 22, 2013. She is an advisor to Sabaro Investments Ltd. She holds an MBA from IMD in Switzerland and a M.Sc. in Energy technology from Lund Institute of Technology in Sweden. She has 20 years of international and commercial experience in industries including financial services, the energy sector and telecom/IT. Previous roles include member of the executive management team at Skandiabank (Switzerland) AG and leadership positions within product and services innovation, strategy and marketing at GE Capital and Vattenfall AB, among others.

Basic Compensation

Name Fiscal Year Total

Morten Garman

--

Svein Killingland

--

Orjan Gjerde

1,927,000

Lars Fosvold

2,633,000

Oyvind Sorbo

--

Hilde Alexandersen

1,907,000

Hilde Dronen

400,000

David Gair

--

Erik Henriksen

--

Bard Laerum

2,098,000

Marika Svardstrom

--
As Of 30 Dec 2012
Search Stocks