Aker BP appoints new executive management team
The new operating model will build on the company's industrial data and artificial intelligence work over the past decade.
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Rhea-AI Summary
Aker BP (AKRBF) has appointed a new executive management team, effective 1 January 2027, led by CEO Karl Johnny Hersvik. The current team will remain in place until that date.
The new team will be organised around the value chain, from exploration to production, alongside strategic and support functions. It will design a new operating model before year-end. Aker BP aims to move projects through the value chain faster and more cost-effectively, with fewer organisational interfaces and less complexity. The model will also build on close collaboration with alliance partners.
Positive
- Minor point. Forward-looking: it has not happened yet and may not happen.Aker BP plans a new operating model before year-end, aiming for faster, more cost-effective project development.
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
LYSAKER,
Until year-end, the new executive management team will design a new operating model for the company. The aim is to mature projects faster and more cost-effectively through the value chain, with fewer organisational interfaces and less complexity. The current executive management team will remain in place until 1 January 2027.
The operating model will build on the company's work with industrial data and artificial intelligence over the past decade, as well as its close collaboration with alliance partners.
"Aker BP is uniquely positioned for long-term value creation on the Norwegian continental shelf. The changes we are making will strengthen that position. The shelf is changing, and tomorrow's shelf requires something different from us than yesterday's did. We are now positioning the company for that future. I would also like to thank the current executive management team. It is under their leadership that we have laid the foundation for the steps we are taking now," says Karl Johnny Hersvik, CEO of Aker BP.
The executive management team is led by CEO Karl Johnny Hersvik and consists of:
Value chain
- Petter Sørhaug – Find & Develop
- Tommy Sigmundstad – Build
- Lars Høier – Produce
- Øystein Arvesen – Optimise
- Knut Sandvik – PDO Projects
Strategic and support functions
- David Tønne – CFO
- Marit Blaasmo – Services
- Thomas Hoff-Hansen – Digital
- Paula Doyle – Strategic Innovation
- Rolf Nystein –Transformation
The work on the new organisation is being carried out in close cooperation with employee representatives and the company's safety delegate service.
Contacts
Tore Dammann Langballe, VP Communications, tel.: +47 907 77 841
Kjetil Bakken, Head of Investor Relations, tel.: +47 918 89 889
This information was brought to you by Cision http://news.cision.com.
https://news.cision.com/aker-bp-asa/r/aker-bp-appoints-new-executive-management-team,c4403917
View original content:https://www.prnewswire.com/news-releases/aker-bp-appoints-new-executive-management-team-302897102.html
SOURCE Aker BP ASA
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
When does Aker BP's new executive management team take over?
Aker BP's new executive management team takes over on 1 January 2027. CEO Karl Johnny Hersvik will lead the team, and the current executive management team will remain in place until that date.
How are employee representatives involved in Aker BP's reorganisation?
Work on Aker BP's new organisation is being carried out in close cooperation with employee representatives and the company's safety delegate service.