Board of directors




  Riulf Rustad, Chair

Rustad is a Norwegian citizen residing in Norway. He has been investment director with Storebrand and has since 2000 been an investor with investments in various sectors such as oil & gas and oil services. Rustad holds various board positions including companies quoted on Oslo Børs.


  Lars Purlund, Board Member

Purlund is a Danish citizen residing in Denmark. He has extensive experience with corporate restructurings and leveraged finance and nearly 30 years of investment and portfolio management experience across Northern Europe, Asia and the US. Mr. Purlund was elected to the board by the shareholders after the restructuring.

  Marianne Lie, Board Member

Lie is a consultant at Fajoma Consulting AS. She holds various board positions including Arendal Fossekompani ASA, and Wilh. Wilhemsen ASA. She has previously held various board posisitons including DNB ASA, R.S. Platou, Rainpower ASA, Fortum Corporation, and Telenor ASA.

  Tone Kristin Omsted, Board Member

Omsted holds a BA Hons. in Finance from University of Strathclyde. She has broad experience from corporate finance and capital markets and currently serves as head of investor relations at Entra ASA. Previous experience includes 14 years as an investment banking executive at SEB Enskilda. She has also served on the board of directors of Panoro Energy ASA.

  John P. Madden, Board Member

Madden holds a BA in Political Economy from Williams College. He is currently Senior Managing Director of Kaupthing and is member of the Executive Committee of Kaupthing. He has previously worked with Lehman Brothers, Inc. and the Arcapita group.