President & CEO
Øyvind Eriksen (born 1964) joined Aker ASA in January 2009. Mr. Eriksen holds a law degree from the University of Oslo. He joined Norwegian law firm BA-HR in 1990, where he became a partner in 1996 and a director/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 Kværner Holding AS, and a director of several companies, including The Resource Group TRG AS, TRG Holding AS and Reitangruppen AS.
As of 4 June 2015, Mr. Eriksen holds 103 193 shares in Aker ASA, and has no stock options. Mr. Eriksen holds, through a privately owned company, 0.20 percent of the B-shares in TRG Holding AS. Mr. Eriksen is a Norwegian citizen.
Frank O. Reite
Frank O. Reite (born 1970) first joined Aker in 1995, and became CFO in Aker ASA in August 2015. He holds a B.A. in business administration from Handelshøyskolen BI in Oslo. Mr. Reite came from the position of President & CEO of Akastor, and has previously held a variety of executive positions in the Aker group, including overseeing and developing Aker's investments in Converto Capital Fund AS, Havfisk ASA, Norway Seafoods Group AS and Aker Yards ASA. Mr. Reite also has experience from banking and served as Operating Director at Paine & Partners, a New York-based private equity firm. Mr. Reite is chairman of Havfisk ASA and of Akastor ASA.
Mr. Reite holds no shares in Aker ASA, and has no stock options. Mr. Reite is a Norwegian citizen.
OTHER KEY PERSONNEL
Head of Corporate Communications
Atle Kigen (born 1958) joined Aker ASA in October 2006, and has been in charge of communications since March 2010. He holds a degree in business administration and marketing, and has extensive corporate communication and journalism experience. Mr. Kigen has previously worked as head 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. Mr. Kigen has also been a journalist in Norway’s leading business daily Dagens Næringsliv.
As of 4 June 2015, Mr. Kigen holds 6,026 shares in Aker ASA, and has no stock options. Mr. Kigen is a Norwegian citizen.
Investment director responsible for Aker Solutions, Det norske and Kvaerner
Edward Ross (born 1973) joined Aker ASA in September 2013. Edward is a Chartered Accountant (PWC) and holds a MBA from Columbia Business School (NYC) as well as an MA from Oxford University. Previous to Aker ASA Edward held numerous positions at Fidelity Investments International including the leader of the Natural Resources and Utilities team and the Energy and Oil Field service Analyst.
As of 31 December 2014, Mr Ross holds 74,844 shares in Aker ASA and has no stock options. Mr. Ross is a British citizen.
Investment director responsible for Aker ASA‘s Financial Investment
Audun Stensvold (born 1972) joined Aker ASA in 2006. Prior to his appointment as an investment director, he was CFO and Investment Director for Converto, which manages the Aker-owned Converto Capital Fund. He has also served as Vice President of Aker’s M&A and Business Development team. Before joining Aker, Mr Stensvold worked as a strategy and finance consultant for Selmer, and as a financial analyst for DnB NOR. Mr Stensvold holds a Masters degree in Business and Economics from the Norwegian School of Economics (NHH).
As of 4 June 2015, Mr Stensvold holds 4 469 shares in Aker ASA, and has no stock options. Mr Stensvold is a Norwegian citizen.
Investment director responsible for the follow-up of Aker BioMarine
Ola Snøve (born 1977) is Investment Director of Aker ASA. Mr. Snøve was previously President & CEO of Epax – a joint venture between Aker and Lindsay Goldberg that was divested to FMC Corp. Prior to joining Epax, Mr. Snøve had been with Aker since January 2008. He is currently Chairman of Aker BioMarine. Mr. Snøve holds M.Sc. and Ph.D. degrees from the Norwegian University of Science and Technology, as well as an MBA (Dist.) from INSEAD.
As of 4 June 2015, Mr. Snøve holds 109 837 shares in Aker ASA through his wholly owned company Storbrea AS, and has no stock options. Mr. Snøve is a Norwegian citizen.
Net asset value:
NOK 17.7 billion (Q3 2015)
Investments related to oil and gas:
57 % (Q3 2015)