Akastor ASA’s board of directors has appointed Kristian Røkke as its CEO, the company said in a news release. He will succeed Frank O. Reite, who will take the position of CFO at Aker.
Røkke, currently chairman of Aker Philadelphia Shipyard ASA (AKPS), and previously president and CEO of AKPS, will assume his new position in Akastor on Aug. 10, 2015. Røkke has experience in offshore service and shipbuilding from several companies in the Aker group. He has spent the past eight years at Aker Philadelphia Shipyard. Before then, he served as senior vice president of operations. He also has held other production management positions at AKPS, the release said.
Aker will propose to the nomination committee of Akastor that Reite takes the position as chairman of the Akastor board later this year, the release said.
In addition, Aker will propose that Øyvind Eriksen continues as a member of Akastor's Board and that Kjell Inge Røkke steps down from Akastor’s board, according to the release. The nomination committee has been informed of Aker's planned proposal and will discuss it at its earliest convenience.
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