Scandoil  

Aker Solutions Introduces New Leadership Team to Bolster Execution, Accelerate Improvements


Published Sep 2, 2016
Aker Solutions-2

Aker Solutions is introducing a new executive management team as part of a broader reorganisation aimed at further strengthening operational and financial performance and better meeting customer needs.

The new organisation will have five delivery centres: Customer Management, Front End, Products, Projects and Services. This set-up will help drive further standardisation and accelerate a companywide improvement program to boost cost-efficiency by at least 30 percent by the end of 2017.The new team will be operational from Nov. 1.

“We are taking this step to generate even greater synergies across the group and enhance our ability to create value for customers and shareholders,” says Chief Executive Officer Luis Araujo. “The move will speed up our global improvement efforts by putting in place even leaner workflows, eliminating duplication and cultivating our strengths as a leading offshore oil-services provider.”

As part of the plan, Dean Watson has been named chief operating officer. Watson joins from Schlumberger, where he has held various leadership positions, and will report to Araujo.

The other executive management team members were selected internally. Valborg Lundegaard, currently head of Engineering, will lead the customer management center. Svenn Ivar Fure will continue to lead the company’s front end efforts. Egil Boyum, currently head of the subsea business in Europe and Africa, will lead the products center. Knut Sandvik will lead the projects center, moving from being head of Maintenance, Modifications and Operations. David Clark, currently regional head for Europe and Africa, will lead the services center.

Svein Stoknes will remain as chief financial officer and Mark Riding will continue as head of strategy.

“The new set-up will facilitate a strategy to grow our services organisation and pursue a more international business with a diverse customer base,” says Araujo. “It will build on the consistently strong execution we’re showing on major projects globally.”

Current Head of Subsea Alan Brunnen and Head of Operational Improvement and Risk Management Tore Sjursen will remain at Aker Solutions through to the end of the year to maintain the good momentum and help in the transition to a new structure.

“I wish to thank both Tore and Alan for their strong dedication and valuable contribution over many years in the development of Aker Solutions,” says Araujo. “I wish them every success.”

The company will continue to report financial figures for the third quarter, fourth quarter and full year of 2016 based on the existing organisational structure.

Tags: Aker Solutions




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml