Aker ASA: Kristian Røkke appointed as Chief Investment Officer

Aker ASA (“Aker”) has appointed Kristian Røkke as its Chief Investment Officer effective 1 January 2018. Mr. Røkke is currently the Chief Executive Officer of Akastor ASA (“Akastor”), a publicly listed oil service investment company, and will be succeeded by Karl Erik Kjelstad from 1 January 2018. In connection with the transition, Mr. Røkke will resign from Aker’s Board of Directors, but continue as a Board member of TRG Holding AS, Aker’s principal shareholder.

Aker will propose to the nomination committee of Akastor that Kristian Røkke assume the position as Chairman of the Board of Akastor from the next Annual General Meeting.

Kristian Røkke (b. 1983) has comprehensive experience in offshore service and shipbuilding from several companies in the Aker group. He holds an MBA from The Wharton School, University of Pennsylvania and is both a Norwegian and United States citizen.

For further information, please contact:
Per Kristian Reppe, Head of Investor Relations
Phone: +47 24 13 00 67
Mobile: +47 90 03 32 03
Atle Kigen, Head of Corporate Communications
Phone: +47 24 13 00 08
Mobile: +47 90 78 48 78
This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.