The Board of TGS-NOPEC Geophysical Company has announced that Kristian Johansen will succeed Robert Hobbs as Chief Executive Officer on March 11, 2016. After eight years with TGS, including nearly seven years as CEO, Mr. Hobbs has decided to retire. Mr. Johansen joined TGS in 2010 as Chief Financial Officer and was appointed Chief Operating Officer in February of 2015.

Prior to joining TGS, Kristian was the Executive Vice President and CFO of EDB Business Partner (now Evry) in Oslo.