Kværner ASA: Executive management changes in Kvaerner's Jackets business
(Thomson Reuters ONE) -
As part of the development of the jackets business towards operational
excellence, Nina Udnes Tronstad steps down from her position as Executive Vice
President for the Jackets business area and President of Kvaerner Verdal A/S.
Senior Vice President Sverre Myklebust will as of today act in both positions
until a successor has been recruited.
"Nina and her team have since 2007 further developed the yard at Verdal and
secured several new contracts. Today, the yard runs at full capacity and is
fully booked throughout 2013. There have been operational challenges over the
last year related to the on-going Nordsee Ost offshore wind jacket project and
unsatisfactory HSE performance. We have agreed that it is time to further
strengthen our internal operational focus to fully ensure that our project
objectives are met", says President & CEO Jan Arve Haugan.
Sverre Myklebust comes from the position as Senior Vice President responsible
for subcontracting and procurement in Kvaerner's North Sea business area.
Myklebust joined Aker Stord in 1977 and has more than 30 years' experience from
the oil and gas industry. He has held various management and project director
positions for a range of major offshore oil and gas projects, including Ormen
Lange and Njord "A".
"I am confident that Sverre's experience will strengthen the jacket business'
operational performance. I would also like to thank Nina for her important
contributions to developing our Jackets business", Haugan concludes.
"I have had five extraordinary years at Verdal addressing both initial low yard
employment, big contract awards and recent operational challenges. I embrace my
leadership responsibility and today this means it is time to move on," says Nina
Udnes Tronstad.
Udnes Tronstad will continue to work for Kvaerner and takes on a new role as
Senior Vice President Procurement. In her new position, Udnes Tronstad will
establish a team being mandated to build up a global procurement hub out of
Kvaerner's London office.
ENDS
For further information, please contact:
Investor relations: Ingrid Aarsnes, SVP Investor Relations, Kvaerner, Tel:
+47 67 59 50 46, Mob: +47 950 38 364
Media: Mariken Holter, SVP Corporate Communications, Kvaerner, Tel:
+47 67 52 74 35, Mob: +47 917 87 358.
About Kvaerner:
With more than 3 200 HSE-focused and experienced employees, Kvaerner is a
specialised provider of engineering, procurement and construction (EPC) services
for offshore platforms and onshore plants. Kværner ASA, through its subsidiaries
and affiliates ("Kvaerner"), is an international contractor that plans and
realises some of the world's most demanding projects as a preferred partner for
upstream and downstream oil and gas operators, industrial companies and other
engineering and fabrication contractors.
In 2011, the Kvaerner group had aggregated annual revenues of more than NOK 13
billion and the company had an order backlog at 31 December 2011 of more than
NOK 10 billion. Kvaerner was publicly listed with the ticker "KVAER" at the Oslo
Stock Exchange on 8 July 2011. For further information, please visit
www.kvaerner.com.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Kværner ASA via Thomson Reuters ONE
[HUG#1621166]
Unternehmensinformation / Kurzprofil:
Datum: 21.06.2012 - 09:01 Uhr
Sprache: Deutsch
News-ID 158593
Anzahl Zeichen: 4049
contact information:
Town:
Fornebu
Kategorie:
Business News
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"Kværner ASA: Executive management changes in Kvaerner's Jackets business"
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