Management

Øyvind Eriksen 
President & CEO

Øyvind Eriksen (born 1964) joined Aker 1 January 2009. Mr. Eriksen holds a law degree from the University of Oslo. He joined the Norwegian law firm BA-HR in 1990, where he became a partner in 1996 and a board member/chairman from 2003. At BA-HR, Mr. Eriksen worked closely with Aker and Aker’s main shareholder, Kjell Inge Røkke. Mr Eriksen is chairman of Aker Solutions ASA and Aker Holding AS, and a board member of several companies, including Aker Clean Carbon AS, The Resource Group TRG AS, TRG Holding AS and Reitangruppen AS. As of 31 December 2009 Mr. Eriksen holds no shares in Aker ASA, and has no stock options. Mr. Eriksen is a Norwegian citizen.

Trond Brandsrud 
CFO

Trond Brandsrud (born 1958) joined Aker ASA in April 2010 after three years as CFO in Seadrill Limited. Prior to joining Seadrill in 2007, Mr. Brandsrud worked for Royal Dutch Shell for more than 20 years. At Shell, he held several key finance positions in Norway as well as internationally. He also has extensive experience from major offshore field development projects and held several senior management roles in Shell’s upstream and downstream sectors. Mr. Brandsrud has a MSc degree from the Norwegian School of Business Administration (NHH) and is a Norwegian citizen. He holds 10,000 shares in Aker ASA and has no stock options.
 

Key personnel


Maria Moræus Hanssen 
Investment director
Responsible for Det norske oljeselskap ASA

Maria Moræus Hanssen (born 1965) has worked in Aker since June 2008. Ms. Moræus Hanssen is a reservoir engineer from NTNU in Norway (1988) and a petroleum economist from the French Petroleum Institute IFP (1991). She worked for Norsk Hydro from 1992, mainly on the Norwegian Continental Shelf, where her areas of responsibility included North Sea exploration, field development on the NCS, the integration of Statoil and Hydro and platform chief (on Troll B and others). She was also senior vice president for gas supply and infrastructure in StatoilHydro. Ms. Moræus Hanssen is a board member of Det norske Oljeselskap ASA. As of 31 December 2009 Ms. Moræus Hanssen holds no shares in Aker ASA, and has no stock options. Ms. Moræus Hanssen is a Norwegian citizen.


Atle Kigen 
Executive Vice President
Corporate Communication

Atle Kigen (born 1958) joined Aker ASA in 2006, and has been in charge of corporate communications since 1 March 2010. He holds a degree in business administration and marketing, and has extensive corporate communication and journalism experience. Kigen has been in charge of communication at Kværner ASA and CEO of the PR agency GCI Monsen. He has been editor in chief of the Norwegian business magazine Økonomisk Rapport, business and economy editor at Aftenposten, a leading daily, and NRK Nyheter, the national broadcaster’s news bureau. Atle Kigen has also been a journalist in Norway’s leading business daily Dagens Næringsliv. Kigen is a Norwegian citizen.

Frank Reite 
Partner, Converto Capital Management

Frank Reite (born 1970) is CEO in Converto Capital Management which is an exclusive advisor to Converto Capital Fund AS. Mr. Reite held executive positions at Aker from 1995 to 2004, overseeing and developing Aker investments within seafood and shipbuilding, including Norway Seafoods, American Seafoods Company, and Aker Yards. He subsequently headed the Glitnir Group in Norway and has been operating director at the private equity fund Paine & Partners, US. Mr. Reite is a director in Icicle Seafoods. He holds a BSc in Business Administration from the Norwegian School of Management (BI). As of 31 December 2009 Mr. Reite holds no shares in Aker ASA, and has no stock options. Mr. Reite is a Norwegian citizen.


Ola Snøve 
Investment director
Responsible for Aker BioMarine ASA

Ola Snøve (born 1977) joined Aker in 2008 and has worked full time on the investment in Aker BioMarine since Kjell Inge Røkke became temporary CEO in August 2008. Ola was previously CEO of Interagon AS, which he co-founded while working as a software engineer at Fast Search & Transfer ASA. He has also done postdoctoral research at NTNU’s Department of Cancer Research and Molecular Biology, and City of Hope’s Beckman Research Institute in California. Snøve has a M.Sc. in Mechanical Engineering and a PhD in Computer Science from NTNU, as well as an MBA (Dist.) from INSEAD in France. As of 31 December 2009 Mr. Snøve holds no shares in Aker ASA, and has no stock options. Mr. Snøve is a Norwegian citizen.


Liv Monica Bargem Stubholt 
Investment director
Responsible for Aker Clean Carbon AS

Liv Monica Bargem Stubholt (born 1961) joined Aker in 2009. Stubholt has a law degree from the University of Oslo. She has been a business lawyer for 15 years. The past four years, she has been Vice Minister, first at the Ministry of Foreign Affairs, and from 2007 at the Ministry of Petroleum and Energy. At both ministries, Ms. Stubholt worked on issues related to climate and energy, EU/EEA, internationalization of Norwegian business and industry, and Norway’s bilateral relations with Russia. Her work at the Ministry of Petroleum and Energy particularly involved oil and gas industry issues. At the Ministry of Foreign Affairs she played a key role in the development of Norway’s High North strategy. Ms. Stubholt is chairman of the board of Aker Clean Carbon, and as of February 2010 she is Interim President and CEO of Aker Seafoods. As of 31 December 2009 Ms. Stubholt holds no shares in Aker ASA, and has no stock options. Ms. Stubholt is a Norwegian citizen.


Øistein Widding 
Investment director
Responsible for Aker Solutions ASA

Øistein Widding (born 1969) has worked for Aker since December 2007. At Aker he has been following up Aker‘s investments in the oil service sector. He worked for McKinsey & Company in Oslo from 1999, where he became a partner in 2004. At McKinsey, Mr. Widding worked for clients in the oil & gas, oil services and industrial sectors. Mr. Widding is an engineer in industrial economics from NTNU in Norway and holds an MBA from IMD in Lausanne in Switzerland. As of 31 December 2009 Mr. Widding holds no shares in Aker ASA, and has no stock options. Mr. Widding is a Norwegian citizen.