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Kongsberg Gruppen ASA (KOG.OL)

KOG.OL on Oslo Stock Exchange

126.40NOK
16 Sep 2019
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Summary

Name Age Since Current Position

Eivind Reiten

65 2017 Independent Chairman of the Board

Geir Haoy

53 2016 President, Chief Executive Officer

Gyrid Skalleberg Ingero

51 2017 Group Executive Vice President, Chief Financial Officer

Hans Blokkum

57 2018 Group Executive Vice President Human Resources and Security

Harald Aaro

50 2017 Group Executive Vice President Business Development and Strategy

Even Aas

58 2009 Group Executive Vice President Public Affairs

Egil Haugsdal

58 2016 Executive Vice President, President of Kongsberg Maritime

Eirik Lie

53 2017 Executive Vice President, President of Kongsberg Defense & Aerospace

Hege Skryseth

52 2016 Executive Vice President, President of Kongsberg Digital

Sigmund Bakke

61 2017 Director, Employee Representative

Elisabeth Fossan

52 2017 Director, Employee Representative

Helge Lintvedt

62 2009 Director, Employee Representative

Per Sorlie

62 2019 Director

Morten Henriksen

50 2018 Independent Director

Martha Kold Bakkevig

56 2017 Independent Director

Anne-Grete Strom-Erichsen

68 2015 Independent Director

Jan Hoff

Group Vice President Investor Relations

Biographies

Name Description

Eivind Reiten

Mr. Eivind K. Reiten has served as Independent Chairman of the Board of Directors of Kongsberg Gruppen ASA since April 26, 2017. He holds Master in Economics (Cand.oecon) degree 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.

Gyrid Skalleberg Ingero

Ms. Gyrid Skalleberg Ingero has been Group Executive Vice President and Chief Financial Officer at KONGSBERG GRUPPEN ASA since November 1, 2017. She was previously CFO of Telenor Digital Businesses, CFO of Telenor Norway, CFO and head of investor relations at Komplett ASA, auditor at Nordea and KPMG. She studied at Norwegian School of Economics (1995). She is Board member of Storebrand ASA, Sporveien AS, Flytoget AS, 1881 AS and Itera ASA.

Hans Blokkum

Mr. Hans Petter Blokkum has been Group Executive Vice President Human Resources and Security at KONGSBERG GRUPPEN ASA since March 1, 2018. He was previously EVP Business Support, Kongsberg Defense Systems and Group VP & Chief HR officer, Kongsberg Gruppen. He has more than 30 years of experience within the HR area and broad international experience. Prior to joining KONGSBERG in 2010 he held the position of HR director of Dresser Rand, responsible for Europe, Middle-East and Africa. He studied at Norwegian School of Economics, Strategic Management and University of Stavanger, Human resources. He is Board member of Kongsberg Chamber of Commerce, Arbeidspolitisk utvalg, The Federation of Norwegian Industries.

Harald Aaro

Mr. Harald Aaro has been Group Executive Vice President Business Development and Strategy at Kongsberg Gruppen ASA since August 11, 2015. He was Acting Chief Financial Officer of the Company from April 1, 2017 till November 1, 2017. 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.

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. He joined the Group in 1998. 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. He is Chair of Maritime Forum and Expo 2012 Norway. He holds 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 was 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).

Eirik Lie

Mr. Eirik Lie has been appointed Executive Vice President, 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.

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 degree from Handelshoyskolen BI as well as is college graduate NITH.

Sigmund Bakke

Mr. Sigmund Ivar Bakke has been Director, Employee Representative at KONGSBERG GRUPPEN ASA since April 26, 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 April 26, 2017. She joined the Group in 2005. 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.

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 Defense 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 Defense & Aerospace AS and Board Member of Kongsberg Defense & Aerospace AS. He is Engineer from Kongsberg Ingeniorhoyskole.

Per Sorlie

Mr. Per Arthur Sorlie has been Director of KONGSBERG GRUPPEN ASA since May 14, 2019. He is also CEO of Borregaard ASA. He graduated from Norwegian School of Economics & Business Administration, Bergen (1980). He has been employed by Borregaard since 1990, since 1999 as CEO and former CFO and EVP for the Fine Chemicals division. He was former CFO at Bjolsen Valsemolle og Hafslund's US-Business. He is Deputy Chair of Inspiria Science Center AS, former board member of Sampo Group, Elkem and Tomra (Deputy Chairman) and Chairman of the Norwegian Industry.

Morten Henriksen

Mr. Morten Henriksen has served as Independent Member of the Board of Directors of Kongsberg Gruppen ASA since 2018. He has been Director of the Company since May 3, 2013. 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 Independent Director of KONGSBERG GRUPPEN ASA since April 26, 2017. She is also 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.

Anne-Grete Strom-Erichsen

Ms. Anne-Grete Strom-Erichsen has been Independent Director of Kongsberg Gruppen ASA since May 7, 2015. 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 serves as Member of the Board of Bergen Art Association, Deputy Chair of the Board of Nordhordland helsehus IKS.

Jan Hoff

Basic Compensation

Name Fiscal Year Total

Eivind Reiten

551,933

Geir Haoy

5,477,000

Gyrid Skalleberg Ingero

2,901,000

Hans Blokkum

1,959,000

Harald Aaro

2,721,000

Even Aas

1,989,000

Egil Haugsdal

3,287,000

Eirik Lie

3,456,000

Hege Skryseth

2,546,000

Sigmund Bakke

255,333

Elisabeth Fossan

292,933

Helge Lintvedt

326,033

Per Sorlie

--

Morten Henriksen

338,233

Martha Kold Bakkevig

305,833

Anne-Grete Strom-Erichsen

292,933

Jan Hoff

--
As Of  31 Dec 2018