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Af Gruppen ASA (AFGRA.OL)

AFGRA.OL on Oslo Stock Exchange

151.00NOK
15 Feb 2019
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Summary

Name Age Since Current Position

Pal Ronn

51 2016 Chairman of the Board

Morten Grongstad

44 2015 Chief Executive Officer

Sverre Haerem

54 2007 Chief Financial Officer, Executive Vice President

Bard Frydenlund

51 2018 Executive Vice President, Sweden, Human Resources and Communication

Arild Moe

54 Executive Vice President, Civil Engineering

Henning Olsen

41 2018 Executive Vice President Building

Andreas Rosjo

39 2018 Executive Vice President Property

Amund Toftum

41 2016 Executive Vice President, Offshore

Eirik Wraal

40 2018 Executive Vice President Environment and Energy

Arne Baumann

57 2018 Director

Hege Bomark

56 2012 Director

Kristian Holth

35 2016 Director

Borghild Lunde

54 2015 Director

Arne Sveen

49 Director, Employee Representative

Kenneth Svendsen

46 2012 Director, Employee Representative

Hilde Wikesland Flaen

36 2018 Director, Employee Representative

Biographies

Name Description

Pal Ronn

Mr. Pal Egil Ronn has been Chairman of the Board of Directors of AF Gruppen ASA since May 12, 2016. He no longer serves as President and Chief Executive Officer of the Company, effective as of October 16, 2015. He has held this position since May 14, 2007. He has held various managerial posts at AF since 1999. He serves on the Boards of Bouvet ASA, Sparebank 1 Gudbrandsdalen and Oster Hus Gruppen AS. He holds a degree in Civil Engineering from Norwegian Institute of Technology. He holds Ph.D. from the Norwegian University of Science and Technology. He completed the Advanced Management Program at INSEAD.

Morten Grongstad

Mr. Morten Grongstad has been appointed Chief Executive Officer of AF Gruppen ASA, effective as of October 16, 2015. Before that, he served as Executive Vice President for Property and Building at AF Gruppen ASA from 2012 until October 15, 2015. Previously he was CEO of Fornebu Utvikling. He has management experience from companies such as Orkla Eiendom and McKinsey. He holds Master of Science degree in Economics and Business Administration from BI Norwegian School of Management.

Sverre Haerem

Mr. Sverre Haerem has been Chief Financial Officer and Executive Vice President at AF Gruppen ASA since July 30, 2007. He was also Executive Vice President, Energy from 2012 till 2013. Previously, he was VP Finance at Dyno ASA and CFO at Fjord Seafood ASA. He holds Master of Science degree in business administration from Handelshoyskolen BI.

Bard Frydenlund

Mr. Bard Frydenlund has served as Executive Vice President, Sweden, Human Resources and Communication at AF Gruppen ASA since January 1, 2018. He has previously been Human Resources and Organization and Building South West at AF Gruppen ASA since January 1, 2016. He was responsible for HR and Building in the South West in 2017. He was previously Human Resources Director and held various positions within personnel and finance at AF since 2000. He is a graduate economist and Master of Management from Handelshoyskolen BI, in addition to studying law at the University of Oslo.

Arild Moe

Mr. Arild Moe serves as Executive Vice President, Civil Engineering at AF Gruppen ASA. He has held various managerial posts at AF since 1990. He holds a degree in Engineering from Oslo University College and a degree in Business Economics from the University of Agder.

Henning Olsen

Mr. Henning Olsen has served as Executive Vice President Building at AF Gruppen ASA since 2018. He has previously been Executive Vice President, Building Greater Oslo and Sweden since 2017. Before that, he has been Executive Vice President Building since January 1, 2016. He came from the position of Head of AF Eiendom and was previously CFO at AF Bygg Oslo. He also worked at Stratkraft and BCG. He has been with AF since 2010. He holds a Master of Science degree in Business from Handelshoyskolen BI.

Andreas Rosjo

Mr. Andreas Jul Rosjo has served as Executive Vice President Property at AF Gruppen ASA since 2018. He has previously been Executive Vice President, Property and Energy. He has held various managerial positions in the Company and joined in 2007. He previously was Consultant at Capgemini. He holds Master of Science degree in Business Administration from Handelshoyskolen BI.

Amund Toftum

Mr. Amund Toftum has served as Executive Vice President, Offshore at AF Gruppen ASA since January 1, 2016. He came from the position of project director in AF Offshore Decom. He has experience from business development and operational positions at Anlegg and Offshore in AF. He is chartered engineer from the Norwegian University of Science and Technology and has worked at AF since 2005.

Eirik Wraal

Mr. Eirik Wraal has been Executive Vice President Environment and Energy at AF Gruppen ASA since 2018. He has previously been Executive Vice President, Energy and Corporate Social Responsibility at AF GRUPPEN ASA since January 1, 2016. He came from the position of head of AF Decom and has been with the Company since 2004. He is chartered engineer from the Norwegian University of Science and Technology.

Arne Baumann

Mr. Arne Baumann has been Director of AF GRUPPEN ASA since May 9, 2018. He is Executive Vice President for residential development with OBOS. Baumann has extensive experience from both residential and commercial property. He has worked for OBOS since 2002 and headed the residential division from 2005 to 2011 before being appointed EVP of commercial property and managing director of OBOS Forretningsbygg AS in 2012. He is graduate economist from the Norwegian Business School and holds an MBA from the University of Wisconsin-Madison.

Hege Bomark

Ms. Hege Bomark has been Member of the Board of Directors of AF Gruppen ASA since May 11, 2012. She has worked as a financial analyst for Fearnley Finans (Fonds) AS and Orkla Finans (Fondsmegling) AS. She has previously served on the boards of Norwegian Property ASA, BWG Homes ASA and Fornebu Utvikling ASA, among others, and is now on the boards of Union Eiendomsinvest Norge AS and OBOS-banken AS. She holds Master of Business and Economics, NHH.

Kristian Holth

Mr. Kristian Holth has been Director at AF GRUPPEN ASA since May 12, 2016. He has been CFO at KB Gruppen Kongsvinger AS and Contiga AS. He also has experience from McKinsey & Company. He is Board Member of Gunnar Holth Grusforretning AS and BRG Entrepenor AS. He is Civil Engineer in Industrial Economics from NTNU.

Borghild Lunde

Ms. Borghild Lunde has been Director of AF Gruppen ASA since May 13, 2015. She is Director, Oil, Gas and Chemicals at ABB. She is member of the management in Norwegian operations of the company and in the global management group for Oil, Gas and Chemicals with responsibility for Denmark and Russia. She has held various positions within the oil and gas operations in ABB. She is Civil Engineer from Norges Tekniske Hoyskole.

Arne Sveen

Mr. Arne Sveen serves as Director, Employee Representative at AF Gruppen ASA. He has worked in AF since 1999, and has held the roles of chief employee representative and chief safety representative for the past twelve years, with responsibility for the Collective Agreement for Building Trades. Previously, he worked as a crane operator/site preparation worker at AF Bygg Oslo.

Kenneth Svendsen

Mr. Kenneth Svendsen has served as Director, Employee Representative at AF Gruppen ASA since May 11, 2012. He has been with AF Group since 1998 and has had various roles within the Company, including marking-out supervisor, operations manager and project manager. He is currently Head of AF Anlegg's underground service division. He holds a degree in building and construction engineering, Narvik University College.

Hilde Wikesland Flaen

Ms. Hilde Wikesland Flaen has been Director, Employee Representative at AF GRUPPEN ASA since 2018. She has been with AF Gruppen since 2008 and has held various roles within the company, including project engineer, operations manager, construction manager and contract manager. She is Chartered engineer in Building technology and architecture from UMB.

Basic Compensation

Name Fiscal Year Total

Pal Ronn

440,000

Morten Grongstad

12,500,000

Sverre Haerem

7,675,000

Bard Frydenlund

6,213,000

Arild Moe

7,330,000

Henning Olsen

5,358,000

Andreas Rosjo

6,346,000

Amund Toftum

5,187,000

Eirik Wraal

5,212,000

Arne Baumann

--

Hege Bomark

294,000

Kristian Holth

279,000

Borghild Lunde

279,000

Arne Sveen

190,000

Kenneth Svendsen

190,000

Hilde Wikesland Flaen

--
As Of  31 Dec 2017