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Kongsberg Gruppen ASA (KOG.OL)

KOG.OL on Oslo Stock Exchange

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14 Dec 2017
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Summary

Name Age Since Current Position

Eivind Reiten

63 2017 Chairman of the Board

Geir Haoy

51 2016 President, Chief Executive Officer

Irene Waage Basili

50 2015 Deputy Chairman of the Board

Harald Aaro

48 2017 Acting Chief Financial Officer; Group Executive Vice President, Business Development and Strategy

Wenche Helgesen Andersen

53 Group Executive Vice President, Chief Administration Officer

Even Aas

56 2009 Group Executive Vice President Public Affairs

Egil Haugsdal

56 2016 Executive Vice President, President of Kongsberg Maritime

Hege Skryseth

50 2016 Executive Vice President, President of Kongsberg Digital

Eirik Lie

51 2017 President of Kongsberg Defense & Aerospace

Sigmund Bakke

59 2017 Director, Employee Representative

Elisabeth Fossan

50 2017 Director, Employee Representative

Morten Henriksen

48 2013 Director

Martha Kold Bakkevig

55 2017 Director

Helge Lintvedt

60 2009 Director, Employee Representative

Anne-Grete Strom-Erichsen

66 2015 Director

Jan Hoff

Group Vice President Investor Relations

Biographies

Name Description

Eivind Reiten

Mr. Eivind K. Reiten has served as Chairman of the Board of Directors of Kongsberg Gruppen ASA since April 26, 2017. He holds a Master in Economics (Cand.oecon) from the University of Oslo (1978). He is self-employed. He has 30 years of experience from business and politics, including the position as State Secretary, Minister for Fisheries and Minister for Petroleum and Energy. He has experience in Board-work, strategy and analysis. He worked 23 years in Hydro, the last 9 years as CEO. He also serves as Member of the Advisory Board of Stena Group, Chairman of the Board of The Crown Prince and Crown Princess' Foundation, Constructor Group AS, Anaxo Capital AS and AS Backe, and as Non-executive Director of Globeleq Ltd.

Geir Haoy

Mr. Geir Haoy has been appointed President and Chief Executive Officer of Kongsberg Gruppen ASA effective as of June 6, 2016. He was previously Executive Vice President of the Company and President of Kongsberg Maritime until June 5, 2016. He joined the Company in June 1993, holding various management positions since 1996. He has international experience from various positions in Kongsberg Maritime, where he has been President since 2010. He has, among other positions, been Head of Kongsberg Maritime's activities in Singapore and in Busan, South-Korea and has served as Executive Vice President for Global Customer Support. He graduated in Engineering from Vestfold University College (Hogskolen i Vestfold) in 1989.

Irene Waage Basili

Ms. Irene Waage Basili has served as Deputy Chairman of the Board of Kongsberg Gruppen ASA since May 7, 2015. She has been Director of the Company since 2011. She is also Chief Executive Officer of GC Rieber Shipping ASA. She serves as Member on the Board of Pacific Basin Shipping Limited. Ms. Waage Basili holds a degree in Business Administration (International Management) from Boston University (1990) and took management programs at IMD, Lausanne, Switzerland (2005/2006) and Solstrand Management Program, Bergen, Norway (2002/2003).

Harald Aaro

Mr. Harald Aaro has been appointed Acting Chief Financial Officer of Kongsberg Gruppen ASA effective as of April 1, 2017 and he has also been Group Executive Vice President, Business Development and Strategy at the Company since August 11, 2015. He joined the Company in 2010. He has served as Executive Vice President Marketing and Sales Kongsberg Defence Systems and has previously broad management experience from Navico, McKinsey, HSD Shipping and the Royal Norwegian Navy. He graduated from Duke University, Executive MBA, Business and Royal Norwegian Naval Academy, Naval Executive, Major in Science.

Wenche Helgesen Andersen

Ms. Wenche Helgesen Andersen serves as Group Executive Vice President, Chief Administration Officer of Kongsberg Gruppen ASA. She has previously been Group Executive Vice President, Corporate Functions since May 18, 2016. She has experience in leadership responsibilities in a global multi-cultural environment with 26 years of international business experience in the Oil and Gas Industry. She organized and managed teams and networks to optimize strategic and tactical operational performance utilizing strong business acumen in project and contract management, HSE, quality assurance and financial accountability. She graduated from Buskerud University College, Diploma in Industrial Economy, Bachelor in Machine Technology and Automation.

Even Aas

Mr. Even Aas has been Group Executive Vice President Public Affairs at Kongsberg Gruppen ASA since January 1, 2009. He was previously Executive Vice President of Corporate Communications of the Company. Prior to Kongsberg, he served for the Norwegian Confederation of Trade Unions, and was a Political Advisor and later State Secretary for Commerce and Shipping in the Ministry of Foreign Affairs. In the past, he also worked for Telenor ASA. Mr. Aas is Chair of Maritime Forum and Expo 2012 Norway. He obtained a degree in Economics from Universitetet i Oslo in 1988.

Egil Haugsdal

Mr. Egil Haugsdal has been appointed Executive Vice President, President of Kongsberg Maritime at Kongsberg Gruppen ASA, effective as of June 6, 2016. He no longer serves as President Kongsberg Oil and Gas Technologies at the Company, effective as of June 5, 2016. He has held this position since August 11, 2015. He was Executive Vice President of Business Development at the Company from January 1, 2013 until August 10, 2015. Previously, he served as President of Kongsberg Protech Systems at the Company from January 1, 2009. He has been with the Group since 1996. He began his professional career in AS Kongsberg Vapenfabrikk. He later held managerial positions within logistics and production in ABB for 10 years. He holds a degree in Mechanical Engineering from Hogskolen i Gjovik (Gjovik University College).

Hege Skryseth

Ms. Hege Skryseth has been Executive Vice President and President of Kongsberg Digital at Kongsberg Gruppen ASA since July 1, 2016. She no longer serves as Group Executive Vice President, Group Functions at Kongsberg Gruppen ASA, effective as of June 30, 2016. She has held this position since January 1, 2015. She no longer serves as Head of Strategic Skills and Talent Development and Strategic Marketing / Communications at the Company as of January 1, 2015. She has held this position since December 2013. She previously worked as Chief Executive Officer of Microsoft Norway and began her work at KONGSBERG during the autumn of 2013. She has international experience and holds over 10 years of experience from executive management level within the Information Technology industry. She has formerly been EVP of Geogroup AS and CEO of Geodata AS. She is Board Member of Norconsult AS, NHO and Deputy Chair of the Board of Abelia. She holds EMBA degree from Norges Handelshoyskole Bergen (NHH) and Bachelor from Handelshoyskolen BI as well as is college graduate NITH.

Eirik Lie

Mr. Eirik Lie has been appointed President of Kongsberg Defense & Aerospace at Kongsberg Gruppen ASA effective as of October 1, 2017. He has previously served as Executive Vice President, President of Kongsberg Defense Systems within Kongsberg Gruppen ASA since January 4, 2017. He has been Acting President of Kongsberg Defense Systems since August 30, 2016. Eirik Lie holds a background as a software engineer and has worked within KONGSBERG's defense business his entire career. Lie has since 2006 headed the Integrated Defense Systems division. He joined the Group in 1990. Prior to this, he has, amongst others, experience from working in the USA, as a specialist on air defense systems and as head of development. He studied at Kongsberg College of engineering, Data Engineering and Royal Norwegian Navy Officer Candidate School.

Sigmund Bakke

Mr. Sigmund Ivar Bakke has been Director, Employee Representative at KONGSBERG GRUPPEN ASA since March 21, 2017. He is Senior Engineer R&D, Simulation, Kongsberg Digital. He joined the Company in 1987. He is Civil engineer from NTH 1981 and has educational education for civil engineer 1982. He has been Employee representative in Tekna Bekkajordet for around 25 years. He was in Management group for pension and active participant in the pension projects in KOG - 2002, 2007 and 2016.

Elisabeth Fossan

Ms. Elisabeth Fossan has been Director, Employee Representative at KONGSBERG GRUPPEN ASA since March 21, 2017. She works in Security in Kongsberg Teknologipark. She has education in commerce and office and Certificate in security. She has been Owner of Blefjellhytter.no Ltd and is Chairman of the board in Blefjellhytter.no Ltd.

Morten Henriksen

Mr. Morten Henriksen has served as Member of the Board of Directors of Kongsberg Gruppen ASA since May 3, 2013. He is Chair of the Audit Committee. He is also Executive Director Technology at Arendals Fossekompani ASA. Apart from this, he holds directorships at Markedskraft, Flumill and Arendals Water Resources Usage Community. He graduated in Electric Power from Norges Tekniske Hoyskole, Trondheim (NTH) in 1991.

Martha Kold Bakkevig

Ms. Martha Kold Bakkevig has been Director of KONGSBERG GRUPPEN ASA since April 26, 2017. She is Managing Partner MKOLD and owner of Kold Invest AS. She holds Master of Science, University of Trondheim (1990), Nordic Industrial Research Education (1995), Dr.Scient./PhD - Norwegian University of Science and Technology (1995), Solstrand Program (2000), Board of Directors Program NHO (2004) and Dr. Oecon./PhD, BI (2007). She has 20 years' experience in Management and Business Development and broad academic background with doctor's degree in both technical and business strategical subjects. She serves as Board member of BW LPG ASA, Borragaard ASA, Haugaland Kraft, Reach Subsea ASA and Incus Investor ASA.

Helge Lintvedt

Mr. Helge Lintvedt has been Employee Representative on the Board of Directors of Kongsberg Gruppen ASA since 2009. He is also Member of the Audit Committee. He is Senior Project Engineer at Kongsberg Defence Systems. He has been with the Group since 1979. He is also Member of the Boards of NITO – The Norwegian Society of Engineers and Technologists, Kongsberg Defence & Aerospace AS and Kongsberg Defence & Aerospace AS. He is Engineer from Kongsberg Ingeniorhoyskole.

Anne-Grete Strom-Erichsen

Ms. Anne-Grete Strom-Erichsen has been Director of Kongsberg Gruppen ASA since May 7, 2015. She is Member of the Compensation Committee. She also serves as Managing Partner Norway, Rud Pedersen Public Affairs Company AS. She holds Engineer Exam at the University of Bergen (1974), IT studies, South Dakota School of Mines & Technology USA (1980/1981). She has eight years of experience as Cabinet Minister, City Chief Commissioner and Mayor in Bergen, 20 years in the IT business. She is Member of the Board of Bergen Art Association, Deputy Chair of the Board of Nordhordland helsehus IKS.

Jan Hoff

Basic Compensation