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People: Bonheur ASA (BON.OL)

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Olsen, Thomas 

Mr. Thomas (Fred.) Fredrik Olsen has been Chairman of the Board of Directors of Bonheur ASA since 1955. He is Fellow of the Royal Institution of Naval Architects and further holds the titles of Industry Pioneer from the Offshore Energy Center Hall of Fame in Galveston, Texas and the Institutium Canarium's Dominik Wolfel Medal, Vienna. He was Chairman of the Aker Group from 1957 to 1975 and from 1977 until 1981, Chairman of Timex Corporation (USA) from 1980 to 2002 and of Harland & Wolff, Belfast from 1989 to 2001. He co-founded and was later Chairman of the Norwegian Oil Consortium AS (NOCO) between 1965 and 1983. He also co-founded and was Board Member of SAGA Petroleum AS between 1972 and 1983. He was Chairman of Wideroe's Flyveselskap AS between 1970 and 1983. He pioneered within tanker developments, rig developments (Aker H3 drilling design), watch developments and headed the transition of the Aker yards from shipbuilding to offshore. He is Member of the Norwegian Shipping Association's Advisory Board. He holds a Doctorate in Philosophy from Heriot-Watt University.

Basic Compensation

Total Annual Compensation, NOK 715,000
Restricted Stock Award, NOK --
Long-Term Incentive Plans, NOK --
All Other, NOK --
Fiscal Year Total, NOK 715,000

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --