Frank O. Reite joined Aker in 1995 and served as CFO in Aker ASA from 2015 until 2019. He is currently working as an advisor. He holds a B.A. in business administration from BI Norwegian Business School in Oslo. Prior to his role as Aker’s CFO, Mr. Reite held the position as President & CEO of Akastor, and has previously also held a variety of executive positions in the Aker group, including overseeing and developing Aker’s investments in Converto Capital Fund AS, Havfisk ASA, Norway Seafoods AS and Aker Yards ASA. Mr. Reite also has experience from banking and served as Operating Director at Paine & Partners, a New York-based private equity firm. Mr. Reite has been the Aker ASA’s deputy chair and head of the Audit Committee since April 2021. Mr. Reite is also currently chair of Solstad Maritime ASA, Converto AS, Norron AB, and, among others, director of Solstad Offshore ASA and Aker BioMarine ASA.
As of March 20, 2026, Mr. Reite holds, through a privately owned company, 200,000 shares in Akastor ASA and has no stock options. He is a Norwegian citizen and has been elected for the period 2024-2026.
Chair of the board of Akastor ASA since 20 April 2022.
Lone Fønss Schrøder (born 1960) is vice-chair of Volvo Cars AB and chair of its audit committee, as well as a director and audit committee chair at Aker Horizons ASA. She also serves on the boards and audit committees of Aker Solutions ASA, Geely Sweden Holdings AB and Ingka Holding B.V. (Ikea Group). She is a global advisor of ServiceNow. Previously, she held senior management and CEO roles at A.P. Møller-Maersk, Wallenius Lines AB, and Concordium AG. She has significant digital and international board experience, including fintech development and advisory roles. Fønss Schrøder holds an MSc in law and economics from Copenhagen University and CBS, with further education at MIT. She holds no shares and is elected for 2024-2026.
As of March 20, 2026, she holds 4,400 shares in the company and has no stock options. She is a Danish citizen and has been elected for the period 2024-2026.
Member and deputy chair of the board of Akastor ASA since 28 September 2015.
Svein Oskar Stoknes has been the Chief Financial Officer (CFO) of Aker ASA since 2019. Prior to this, he served as CFO of Aker Solutions ASA, where he joined in 2007 and was named CFO in 2014. Stoknes has also held a range of senior positions within finance and advisory for organizations like Tandberg, Citigroup, Norwegian Trade Council and ABB. He graduated from the Norwegian School of Management with a master’s degree in business and economics, and has an MBA from Columbia Business School in New York. Stoknes is a director of Aker Capital AS and several other companies where Aker is the largest shareholder.
As of March 20, 2026, Mr. Stoknes owns 1,297 shares and has no stock options in the company. He is a Norwegian citizen and has been elected for the period 2024-2026.
Member of the board of Akastor ASA since 15 April 2020.
Eva Sagemo (Norwegian) currently serves as the Chief Financial Officer (CFO) of TOMRA. She joined TOMRA Recycling & Food as Group Controller and held that position until February 2018, when she transitioned to the role of Group Controller for TOMRA. In March 2022, she was appointed CFO of the company. Before joining TOMRA, Eva held various financial leadership positions, including auditor at BDO, Consolidation & Reporting Manager at Aibel, and Chief Accountant at Fugro.
Eva holds an Executive Master of Management with a specialization in International Tax Law from BI Norwegian Business School (2021), as well as a Bachelor’s degree in Audit from Oslo Metropolitan University (2000).
In addition to her role at TOMRA, Eva is a member of the Board of Directors at Hexagon Composites ASA.
As of March 20, 2026, Ms. Sagemo holds no shares and has no stock options in the company. She is a Norwegian citizen and has been elected for the period 2025-2027.
Member of the board of Akastor ASA since 24 April 2025.
Luis Antonio G. Araujo has over 40 years of experience in the energy and oil & gas industries, holding the positions as CEO of Aker Solutions from 2014 to 2021 and other senior level positions in Aker Solutions, Wellstream, ABB, FMC Technologies, Vetco Gray and Technip Coflexip throughout his career. He currently serves as the Chairman of the Board of OceanPact Serviҫos Marítimos S.A., CRC Evans and as a board member of TGS ASA. Mr. Araujo holds a bachelor degree in Mechanical Engineering from Gama Filho University and an MBA from Edinburgh University.
As of March 20, 2026, Mr. Araujo holds no shares and has no stock options in the company. Mr. Araujo has triple citizenship; Brazilian, British and Portuguese and has been elected for the period 2025-2027.
Member of the board of directors of Akastor ASA since 15 April 2021
Karl Erik joined Akastor in 2014 and has been part of the Aker group since 1998 with numerous key positions including various CEO positions. Karl Erik has held several board positions in different industries, including oil service, engineering, renewable energy, offshore drilling, offshore and merchant shipping, shipbuilding, IT services, real estate and construction industry. Karl Erik holds an MSc in Marine Engineering from the Norwegian University of Science and Technology (NTNU) and an AMP from Harvard Business School.
As of March 20, 2026, Mr. Kjelstad holds, through his company Byesvollen AS, 1,000,000 shares in Akastor ASA and has no stock options.
Øyvind joined the investment team in Akastor as Investment Manager in 2014 and has held the position as CFO of Akastor from March 2020. Prior to this he was Investment Manager at Converto (Aker ASA). Øyvind holds an MSc in Financial Economics from the Norwegian School of Economics and Business Administration (NHH) and UNC Kenan-Flagler Business School.
As of March 20, 2026, Mr. Paaske holds 246,979 shares in Akastor ASA and has no stock options.
Eirik joined Akastor in May 2018 from the lawfirm BAHR. Eirik has extensive experience in providing legal support to the Aker group of companies. In BAHR his work involved support to Aker BP and Aker Energy, and prior to this he held in-house legal positions in both Aker Solutions (2010-2011) and Kværner (2011-2015). Eirik holds a Master of Laws degree from the University of Oslo, and is a licensed lawyer and member of the Norwegian Bar Association.
As of March 20, 2026, Thomassen holds 73,542 shares in the company.
Bruce joined Akastor in 2015 and has previously held the position of Group Treasurer of Kongsberg Automotive ASA since 2011. Prior to that, he has held various positions in the Corporate and Investment Banking departments of BNP Paribas and Citi. He holds a Master graduate from the University of Nantes, France and an Executive MBA from ESCP Europe.
As of March 20, 2026, Lethuillier holds 73,272 shares in Akastor ASA.
Marius joined our investment team in 2022 as Investment Associate and was appointed Investment Manager in 2023. Prior to joining Akastor he spent four years at Arctic Securities, where he worked in the investment banking division. Marius holds a BSc in Economics and Business Administration from the Norwegian School of Economics (NHH) and a MSc in Finance from Bocconi University.
As of March 20, 2026, Bøhler holds 99,808 shares in the company.
Jing joined Akastor in 2015 as Head of Group Accounting, and took over as Head of Financial Reporting in December 2020. Prior to this, she held the position as Director Group Accounting in Telenor ASA. Jing holds a Master of Commerce in Professional Accounting from UNSW in Australia.
As per March 20, 2026, Taklo holds 35,302 shares in Akastor ASA.
Kristin joined Akastor been part of the Aker group since 2012, and joined Akastor in 2014 . Prior to this, Kristin was as an auditor in EY from 2006. She was also hired out to AKOFS Offshore as Head of Financial reporting for a period of one year. Kristin holds a Master of Accounting and Auditing from BI Norwegian Business School and is a State Authorized Public Accountant.
As of March 20, 2026, Blomberg Sveen holds 6,053 shares in Akastor ASA.
Christian joined Akastor as a Senior Financial Controller in 2022. Prior to joining Akastor, he worked as an Audit Manager in BDO. Christian holds a MSc in International Business from Copenhagen Business School (CBS) and a MSc in Accounting and Auditing from the Norwegian School of Economics (NHH).
As of March 20, 2026, Starberg holds 5,929 shares in Akastor ASA.
Irina Adina joined Akastor in 2024. Prior to joining Akastor, she worked as Assistant Front of House Manager in Lily Akerkvartalet AS. Irina Adina holds a Bachelor of International Relations and European Studies, and a Master of European Law from Alexandru Ioan Cuza University of Iasi.
As of March 20, 2026, Gherghel holds no shares in the company.
Akastor ASA’s nomination committee has a minimum of three members elected at the annual general meeting. The nomination committee’s work is carried out in accordance with instructions adopted by the general meeting.
The nomination committee presents recommendations on the following matters at the general meeting:
The current members of the nomination committee are Ingebret O. Hisdal (chairperson), Charlotte Håkonsen (member) and Kjetil E. Stensland (member).
Proposals for new candidates to the board of directors or the nomination committee as well as general questions concerning the work of the nomination committee should be submitted through the company’s Contact page.
Please note that the deadline for submitting candidates to the nomination committee for directors to be appointed by the annual general meeting is 1 November each year. The annual general meeting is normally held in April.
