The Board of Directors ofOceanteam ASA ("Oceanteam " or "Company") today announce that it has appointedMichael Timson as Interim Chief Executive Officer ("CEO") ofOceanteam with effect from1 March 2023 . Following the successful restructuring of the Company, including the recent divestment of the Oceanteam Solutions Segment, Hans Reinigert has decided to step down as Interim CEO ofOceanteam . The Board of Directors ofOceanteam extends their gratitude to Hans Reinigert for his contribution and wishes him well in his future endeavours. As his successor, the board of directors is pleased to appointMichael Timson (Mike). Mike is aUK Chartered Accountant with a background in finance and auditing. He has worked forOceanteam for more than 6 years during which time he has developed an extensive amount of expertise that will be integral during the next phase of the company. He will temporarily be taking the position untilOceanteam successfully completes a merger or acquisition. For additional information please contact: Mike Timson Interim CEO Tel: +47 55 10 82 40 Email: info@oceanteam.no
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