By November 1, 2023, Terje Askvig will take his new function because the CEO of Prosafe. Till then, Reese McNeel will proceed as interim CEO, Prosafe mentioned in a press launch.
Terje Askvig has expertise from delivery, oil service, household workplace and personal fairness. For the final 11 years, he has been Working Accomplice and Senior Advisor in Triton Companions, a number one European non-public fairness agency, Prosafe mentioned.
Earlier than becoming a member of Triton Companions, Askvig labored as CEO of Eitzen Chemical for 5 years and 7 years in Fred. Olsen & Co, together with Managing Director of Fred. Olsen Renewables. Askvig additionally labored 5 years as CEO in London for BT Delivery and for a household workplace, Pausco, in line with Prosafe.
Throughout his interval as associate with Triton Companions, he was Chairman/Board member of DeepOcean, Chairman and “deal Captain” of Nordic Tankers and Herning Delivery (Denmark), in addition to holding directorships on numerous different Triton associated corporations. Along with his board positions at Triton Companions, he has additionally served or is serving on the board of OSM Thome Group and Avarn Safety Group, in addition to chairing the nomination committee of Höegh Autoliners, the assertion reads.
“The board is happy that Terje has accepted to turn into CEO of Prosafe SE. He has a singular background as CEO and Chairman in a number of corporations and has very related, strategic, financing and transaction expertise from Personal Fairness along with his operational expertise. Terje’s expertise and monitor document matches properly with Prosafe’s strategic agenda in a unstable brief time period and clearly bettering marketplace for excessive finish offshore lodging. The Board is assured that Terje will complement and strengthen the prevailing government workforce in Prosafe,” firm Chairman Glen Rødland, mentioned.
Reese McNeel will proceed as CFO from November 1, after main the corporate as interim CEO. He took up the interim place on the finish of Might, a month after Jesper Kragh Andersen determined to step down as CEO.
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