07/13/2016

NEW CHIEF FINANCIAL OFFICER WITH FRED. OLSEN & CO.

Richard Olav Aa (49) has been appointed as Chief Financial Officer (CFO) with Fred. Olsen & Co from 1.10.2016. He succeeds Jan Peter Valheim (64) who is due to retire end September 2016.

Richard Olav Aa is Siviløkonom NHH and his most recent position was as Chief Financial Officer of Telenor ASA. He also has background from Elkem ASA, Bertel O. Steen AS, Norsk Vekst ASA and Arendals Fossekompani ASA.