Kvaerner's executive vice president & CFO, Eiliv Gjesdal, has decided to seek new challenges outside Kvaerner, and will step down from the role as CFO as of 6 April 2016. He will work with special tasks until his notice period ends 30 June 2016. Idar Eikrem has been appointed as new executive vice president & CFO He will start in his new position 5 April 2016 and will be supported by Eiliv Gjesdal in a period until his notice period ends.

Idar Eikrem has comprehensive experience from a variety of top management positions, including financial management and turn-around processes. He was until 2014 executive vice president and CFO for Aibel, and has also held management positions overseas for the same company.