DSRT: Desert Control appoints new Chief Financial Officer (Group CFO)
ISSUER
DESERT CONTROL AS
Sandnes, Norway, 2 May 2022
Desert Control AS appoints Marianne Vika Bøe to the position of Chief Financial
Officer (Group CFO)
Norwegian AgTech company Desert Control has developed a liquid natural clay
(LNC) that restores soil and reduces water usage for agriculture and green
landscapes. The company is now entering the commercial stage in the Middle East
and is further launching validation initiatives and pilots in the United States.
Desert Control appoints a new Chief Financial Officer to accelerate value
creation as the company transitions from start-up to scale-up.
Marianne Vika Bøe (31) joins Desert Control as Chief Financial Officer on 1
August 2022. She joins from a Senior Manager position with KPMG and brings
significant experience from large international corporations, as well as
emerging growth companies. Her primary expertise is from international publicly
listed companies and spans across the areas of finance, accounting, audit,
people development, and leadership. She has been part of the Nordic Facilitator
Faculty, held lectures on a national level, and been responsible for talent
acquisition and recruitment.
Marianne holds a BSc in Economics and Business Administration from the
University of Agder, an MSc in Business with a major in Finance from the
Norwegian Business School BI, and a Master in Auditing and Accounting from the
University of Stavanger.
We are proud to attract such high-performance talent as Marianne Vika Bøe, says
Group CEO Ole Kristian Sivertsen. Her passion for sustainability will further
make her an excellent Chief Value Officer, integrating finance with
sustainability accounting and combining all aspects of the company's value
creation with a multi-capital vision. We aim to build a tipple bottom line
profitable business that creates value for nature, people, and planet in ways
that offer growth for our employees and benefit the users of our innovation, our
shareholders, partnerships, other stakeholders, and society at large.
Marianne Vika Bøe replaces Erling Rasmussen, who has served as CFO for Desert
Control since March 2020. Rasmussen will, as previously announced, remain in
office until 30 September to ensure a smooth transition.
For more information, please contact:
Ole Kristian Sivertsen
President and Group CEO
Email: oks@desertcontrol.com
Mobile (NOR): +47 957 77 777
About Desert Control:
Desert Control specializes in climate-smart Agri-tech solutions to combat
desertification, soil degradation, and water scarcity. Its patented Liquid
Natural Clay (LNC) enables sustainable ecosystem management by restoring and
protecting soil's ability to preserve water and increase yields for agriculture,
forests, and green landscapes. LNC enables sand and degraded soil to retain
water and nutrients, thus increasing crop yields and ecosystem resilience while
preserving water resources by up to 50%.
Agriculture and food production already consume more than 70% of all available
freshwater. Desertification and soil degradation further increases water
consumption in a negative spiral. Our growing global population will require
more food in the next 40 years than was produced over the last 500 years,
putting even more pressure on vital resources such as water. This is the problem
Desert Control is determined to solve. According to the United Nations, twelve
million hectares of fertile land perish to desertification, representing an
annual $490 billion loss to the global economy.
Desert Control's vision is making earth green again.
https://www.desertcontrol.com
Important Notice:
This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act.