Key management

Øyvind Eriksen 
President & CEO

Øyvind Eriksen (born 1964) joined Aker 1 January 2009. Mr. Eriksen holds a law degree from Oslo University. He joined Norwegian law firm BA-HR in 1990, where he became a partner in 1996 and a board member/chairman in BA-HR from 2003. At BA-HR, Mr. Eriksen worked closely with Aker and Aker‘s main shareholder, Kjell Inge Røkke. Mr. Eriksen is among others a board member of Reitangruppen AS. Mr. Eriksen is a Norwegian citizen.

Olav Revhaug 
CFO

Olav Revhaug (born 1950) is acting CFO in Aker from 1 September 2009. Mr. Revhaug is a business graduate from Norweigan School of Management. From 1967 – 1982 Mr. Revhaug hold various positions in Bergerkrysset Auto, and he was with Gresvig AS from 1982 – 1993, at the end of the period as CFO. From 1993 – 1994 Mr. Revhaug was CFO in Brooks Sports, USA, and from 1994 - 1997 he was CFO in Resource Group International, Inc in USA. Since 1997 Mr. Revhaug has been Manager in The Resource Group (TRG) AS. He has also held the positions as EVP in Aker RGI AS (2004 – 2006), and Kværner ASA (2004 – 2005). Mr. Revhaug is a Norwegian citizen.


Geir Arne Drangeid 
EVP

Geir Arne Drangeid (born 1965) is responsible for communications, investor relations and human resources. He has a background from journalism. He joined the company on 1 September 2004. Mr. Drangeid has held various communications related positions in Aker since 1990, when he joined Norwegian Contractors. In 1996 he became head of group communications in Aker Maritime, and since 2002 he has been group SVP Communications and Investor Relations in Aker Kværner. Mr. Drangeid is a Norwegian citizen.
 

Investment Directors

Per-Ola Baalerud 
Responsible for follow-up of Aker Drilling ASA

Per-Ola Baalerud (born 1972) joined Aker in March 2006. He holds a M.SC. degree from the University of Newcastle upon Tyne and MBA from the Norwegian School of Management. Mr. Baalerud was previously working with product and business development in Kværner, and has also been a strategic consultant in Booz Allen, investment director in Kistefos, EVP in Western Bulk and CEO in Aker Oilfield Services. Mr. Baalerud is a Norwegian citizen.


Maria Moræus Hanssen 
Responsible for follow-up of 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 Norwegian citizen.


Ola Snøve 
Responsible for follow-up of 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 Ph.D. in Computer Science from NTNU, as well as an MBA (Dist.) from INSEAD in France. Mr. Snøve is a Norwegian citizen.


Liv Monica Bargem Stubholt 
Responsible for follow-up of Aker Clean Carbon AS

Liv Monica Bargem Stubholt (born 1961) joined Aker 1 October 2009. Stubholt has a law degree from the University of Oslo. She has been a business lawyer for 15 years. The last four years, she has been secretary of state, first of Foreign Affairs, and from 2007 in Petroleum and Energy with the responsibility of both ministries for the bilateral relationship with Russia. Ms. Stubholt will have responsibility for following up our own involvement in Aker Clean Carbon. In the Petroleum and Energy Ministry, she worked among others with the oil and gas sector, climate issues and the internationalization of Norwegian industry. With the Ministry of Foreign Affairs, she was central to the development of Norway’s North-territory strategy. In addition, she had responsibility for energy and climate change in foreign policy. Ms. Stubholt is a Norwegian citizen.


Øistein Widding 
Responsible for follow-up of 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 since 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. Mr Widding is a Norwegian citizen.
annual report 2009