People: Akastor ASA (AKAS.OL)
24 Feb 2020
Mr. Karl Erik Kjelstad has been appointed Chief Executive Officer at Akastor ASA, effective as of January 1, 2018. He no longer serves as Executive Vice President - Investment Director at Akastor ASA. He has held the position since 2014. He was previously Executive Vice President, Head of Oilfield Services and Marine Assets from July 2009 until 2014 and Director of the Company from 2006 until April 2008. He has held a variety of executive positions in the Aker group which he joined in 1998. He was EVP at Aker Solutions from 2009 and earlier served as Senior Partner and President of Maritime Technologies at Aker ASA. He was President and Chief Executive Officer of Aker Yards ASA in 2003-2007. Before joining Aker, Mr. Kjelstad was senior consultant at PA Consulting Group and in 1992-1996 held various management positions at the TTS Group. Mr. Kjelstad holds Master of Science in Marine Engineering from the Norwegian University of Science and Technology (NTNU) and AMP from Harvard Business School.
|Total Annual Compensation, NOK||6,961,310|
|Restricted Stock Award, NOK||--|
|Long-Term Incentive Plans, NOK||--|
|All Other, NOK||--|
|Fiscal Year Total, NOK||6,961,310|