Incoming Chief Executive Officer (active as of September 1st 2020)
Geir Austigard was named Chief Executive Officer in April 2020. From the beginning of September, Geir will take on his role, coming from the position of CEO at Øglænd System Group, a multinational industrial group based in Stavanger, Norway. During his 20 years at Øglænd System Group, Geir held various management positions before becoming CEO in 2008. During his 12 year tenure, Geir led the company through a period of impressive growth and development both in its market and internationally. Prior to Øglænd System Group, Geir worked as a petroleum engineer with Shell for nearly seven years. He holds an MSc in Petroleum Engineering from the University of Stavanger in Norway.
Chief Financial Officer & Chief Investment Officer
Endre Folge was named Chief Financial Officer and Chief Investment Officer in March 2020, coming from his position as Partner at HitecVision. He has over 15 years experience working in both buy-side and sell-side transactions. During his time at HitecVision, Folge was responsible for several investment and divestment processes of portfolio companies. Before that, he held several M&A leadership roles at Aker Solutions and Aker ASA, as well as various positions in investment banking with UBS. He holds a Master of Science in Business Administration and Economics from The University of St. Gallen in Switzerland.
JAN ERIK RUGLAND
Interim CEO, Chief Operating Officer, & Executive Vice President
Jan Erik Rugland was named Chief Operating Officer and Executive Vice President in March 2020, transitioning from the role of Senior Partner at HitecVision. He brings with him over 25 years of industry experience, including Vice President Operations and other leadership roles at NOV and Hitec. He holds an MSc in Quality Management from the University of Stirling in Scotland and a BSc in Management Science from the University of Manchester (UMIST) in England.
TOVE NILSEN LJUNGQUIST
Executive Vice President
Tove Nilsen Ljungquist became Executive Vice President in Moreld April 2020. Previously, Nilsen Ljungquist was CEO of the HitecVision-owned company, Agility Subsea Fabrication, since 2012. Prior to this, she gained more than 20 years of industrial experience from management positions in Hydro and Elkem, both in Norway and abroad. Ljungquist holds a MSc in Metallurgy from the Norwegian University of Science and Technology in Trondheim, Norway.
Executive Vice President Business Development
Andreas Marø started as Executive Vice President Business Development in Moreld in March 2020. He comes from the position of Investment Director at HitecVision, where he was part of the investment team since 2011. In addition, he has spent two years working in management consulting at Arkwright. Andreas brings with him over 10 years’ experience from the energy industry in the intersection of investments, strategy and operations. He has an MBA from Cornell University in the USA, and a BSc In Business and Economics from the Norwegian School of Management in Norway.
Senior Partner, HitecVision
Telephone: +47 911 52 977