NRC Group ASA – Appointment of Chief Financial Officer

NRC Group ASA (NRC) has appointed Ole Anton Gulsvik as new Chief Financial Officer (CFO) of NRC effective from 1 March 2022.

Mr. Gulsvik most recently served as CEO of Seven Seas Group, an international maritime services and logistics group, focused on global ship supply. He will succeed Dag Fladby, who will continue in the CFO role through January 31, 2021. Head of Group Finance, Rolf Berge, will  act as CFO during February 2021.

Mr. Gulsvik previously held leadership and executive roles during tenure at Seven Seas Group (former Eitzen Maritime Services), where he has been instrumental in the financial turnaround completed the last years. He served as CEO from 2016 and as CFO from 2012 to 2015 when the company was listed at the Oslo Stock Exchange. Mr. Gulsvik also holds a strong capital market background among others Carnegie Handelsbanken as analyst both within equity and credits, and later in corporate finance where he conducted several turnkey financial restructuring projects for listed companies.

Mr. Gulsvik holds a master’s degree in engineering from the Norwegian University of Technology and Science (NTNU).

“I am pleased that Ole has accepted to take the role as CFO in NRC Group. Ole is an accomplished executive with years of experience in finance, strategy and general management. He has the right set of leadership attributes and financial experience to help drive the continued execution of restoring margins and our growth ambitions. We look forward to welcoming him to the management team”, said Henning Olsen, CEO of NRC Group.

"I am excited to join NRC Group during this important chapter in the company," said Ole Anton Gulsvik. "NRC Group is well positioned to capture a growing industry opportunity with confirmed strong outlook for investments in sustainable infrastructure. I look forward to working with the NRC Group team to help our clients achieve their goals and create value for all our stakeholders."

For further information, please contact:

Henning Olsen, Chief Executive Officer, NRC Group ASA: +47 91 74 15 92.

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.