Edition:
United Kingdom

Scatec Solar ASA (SSOL.OL)

SSOL.OL on Oslo Stock Exchange

47.00NOK
12:35pm GMT
Change (% chg)

kr0.40 (+0.86%)
Prev Close
kr46.60
Open
kr46.70
Day's High
kr47.50
Day's Low
kr46.70
Volume
266,719
Avg. Vol
246,636
52-wk High
kr49.60
52-wk Low
kr35.10

Summary

Name Age Since Current Position

Raymond Carlsen

62 Chief Executive Officer

Mikkel Torud

2014 Chief Financial Officer

Torstein Berntsen

Executive Vice President Power Production

Roar Haugland

Executive Vice President People Development & Sustainability

Pal Helsing

57 Executive Vice President Solutions

Terje Pilskog

Executive Vice President Project Development & Project Finance

Snorre Valdimarsson

Executive Vice President General Counsel

John Andersen

50 Chairman of the Board

Alf Bjorseth

Director

Jan Skogseth

2016 Director

Mari Thjomoe

55 Independent Director

Biographies

Name Description

Raymond Carlsen

Mr. Raymond Carlsen serves as Chief Executive Officer at Scatec Solar ASA. He came to Scatec Solar in 2009 from Aker ASA, where he was responsible for the development of the company’s portfolio of energy related businesses. He has more than 20 years of industrial experience from various top management positions within the Aker Group and former Kvaerner ASA. Prior to becoming a partner of Aker ASA, he was Executive Vice President of Aker Solutions ASA. He has a Master of Science degree from the Florida Institute of Technology, USA.

Mikkel Torud

Mr. Mikkel Torud has served as Chief Financial Officer at Scatec Solar ASA since 2014. He joined the Company from the position as SVP Investor Relations and Business Development and member of Group Management in REC. He has experience from finance, investor relations, corporate communications and business development. Prior to REC he was commercial advisor in BP and management consultant in PA Consulting Group. Mr. Torud has a Master of Science degree in Industrial Economics and Technology Management from the Norwegian University of Science and Technology.

Torstein Berntsen

Mr. Torstein Berntsen serves as Executive Vice President Power Production of Scatec Solar ASA. Mr. Berntsen joined Scatec Solar in 2010 from the position as CFO in the parent company Scatec AS. Before joining Scatec, he had more than 10 years of experience within auditing and business advisory services from Arthur Andersen and later Ernst & Young, where he served a number of Norwegian and international clients in various industries, including some of the major listed companies in Norway.

Roar Haugland

Mr. Roar Haugland serves as Executive Vice President People Development & Sustainability of Scatec Solar ASA. He joined the Company in 2010 from the position as VP Business Development in the parent company Scatec AS. Mr. Haugland has more than 20 years of experience from leading positions in business development, sales and management from large multinational companies like HP and IBM. In Scatec Solar, he is responsible for business development in selected strategic markets, among these MENA, as well as key functions including HR, HSE and CSR. Mr. Haugland holds a Master of Science in Mechanical Engineering from the Norwegian University of Science and Technology in Trondheim, Norway.

Pal Helsing

Mr. Pal Helsing serves as Executive Vice President Solutions of Scatec Solar ASA. Mr. Helsing joined the Company in September 2015 from the role as President of Kongsberg Oil and Gas Technologies AS and a member of the Kongsberg Group Executive Management Team. Before that, he held several executive positions within Aker Solutions and was member of the group Executive Management Team. He has extensive international experience and more than 30 years’ experience from execution of major capital projects in the Oil and Gas industry. Mr. Helsing has a Bachelor of Science degree in Civil Engineering from Glasgow University and Business Economist degree from Nowegian School of Management.

Terje Pilskog

Mr. Terje Pilskog serves as Executive Vice President Project Development & Project Finance at Scatec Solar ASA. He was previously Chief Operating Officer at the Company. He joined Scatec Solar in 2012 from the position as Senior Vice President of REC Systems and Business Development in Germany. He has seven years of experience from leading strategy and business development positions in the REC Group, including participation in the IPO process of REC in 2006. He also served as Board Member for companies in the REC Group. Prior to REC, he was Associated Partner at the management consulting company McKinsey & Co. Mr. Pilskog has a Master’s Degree from BI Norwegian School of Management in Oslo, Norway.

Snorre Valdimarsson

Mr. Snorre Valdimarsson serves as Executive Vice President General Counsel at Scatec Solar ASA. He is responsible for all legal aspects of the group. Prior to joining Scatec Solar, he worked at the Norwegian law firm Selmer, focusing on M&A and Finance. Mr. Valdimarsson has a Master of law from the University of Bergen, Norway.

John Andersen

Mr. John Andersen, Jr. serves as Chairman of the Board of Scatec Solar ASA. He is also the CEO of Scatec AS. He is the former Chief Operating Officer of the REC Group, where he held several top management positions during his 12 years with the company. Prior to REC, he worked in Borregaard Industrier. Mr. Andersen holds a Master of Business and Economics from BI Norwegian Business School in Oslo, Norway.

Alf Bjorseth

Dr. Alf Bjorseth serves as Member of the Board of Directors of Scatec Solar ASA. He is Owner, Chairman and Director of Technology of Scatec AS, which was founded more than 20 years ago. Through Scatec, he has established and developed several business initiatives including the industrial success ScanWafer and later REC, where he served as President until 2005. Dr. Bjorseth has a Doctorate degree in physical chemistry from the University of Oslo, Norway.

Jan Skogseth

Mr. Jan Skogseth has been Independent Member of the Board of Directors of Scatec Solar ASA since May 4, 2016. Mr. Skogseth has been President and CEO of Aibel since 2008. Prior to this, he led Aibel's maintenance and modifications operations and had the primary responsibility for the North Sea operations. He started working for Aibel in 1998. Previously he has also led Aibel's international operations, has been head of Aibel's Australian operations, and he played a critical part in establishing Aibel in Egypt. Mr. Skogseth holds the position as Deputy Chairman in the Federation of Norwegian Industries' Central Board. He is also Chairman of the Federation of Norwegian Industries Oil and Gas.

Mari Thjomoe

Ms. Mari Thjomoe serves as Independent Member of the Board of Directors of Scatec Solar ASA. She has 25 years of experience from the oil and energy sector and has served as Senior VP in Statoil ASA. She has also been CFO of KLP, and CFO and CEO of Norwegian Property ASA. Ms. Thjomoe holds Master of Business and Economics from BI Norwegian Business School and is a Chartered Financial Analyst from the Norwegian School of Economics and Business Administration (NHH) in Bergen, Norway.

Basic Compensation

Name Fiscal Year Total

Raymond Carlsen

2,385,000

Mikkel Torud

2,191,000

Torstein Berntsen

1,878,000

Roar Haugland

1,661,000

Pal Helsing

1,882,000

Terje Pilskog

1,976,000

Snorre Valdimarsson

1,710,000

John Andersen

475,000

Alf Bjorseth

250,000

Jan Skogseth

--

Mari Thjomoe

300,000
As Of  31 Dec 2016