Prosafe SE announced that Board of Directors of Prosafe has appointed Terje Askvig as new CEO. He will start in his new position latest on 1 November 2023. Reese McNeel will continue as interim CEO until that date.

Terje Askvig has experience from shipping, oil service, family office and private equity. For the last 11 years, he has been Operating Partner and Senior Advisor in Triton Partners, a leading European private equity firm. Before joining Triton Partners, Mr. Askvig worked as CEO of Eitzen Chemical for five years and seven years in Fred.

Olsen & Co, including Managing Director of Fred. Olsen Renewables. Mr. Askvig also worked five years as CEO in London for BT Shipping Ltd. and for a family office, Pausco.