Leadership Transition at Prosafe SE: Changes in Executive Roles
Leadership Change at Prosafe SE
In a significant shift for Prosafe SE, the company has announced the resignation of Terje Askvig as CEO, effective immediately. This strategic decision was mutually agreed upon by both the Board of Directors and Askvig, marking the end of an era for the company known for its expertise in the accommodation vessel sector.
Appointment of Interim CEO
The Board has moved swiftly to appoint Reese McNeel, the current Chief Financial Officer, as the interim CEO. This transition comes at a critical time as the board navigates the future leadership of the organization, ensuring continuity and stability during this transition period.
A New Leadership Era
Carey Lowe, who serves as the Chair of the Board of Directors, will step into the role of executive chairman during this period of change. He expressed gratitude towards Terje Askvig for his extensive contributions to Prosafe, particularly for his leadership during challenging financial times.
Prosafe's Industry Leadership
As the world’s leading provider of floating accommodation vessels and Units for Maintenance and Safety (UMS), Prosafe is positioned to continue its leading role in the industry. The board is currently initiating a process to appoint a permanent CEO, aiming to find a candidate who can build upon the company’s success.
Prosafe’s Core Business and Future Outlook
Prosafe operates an impressive fleet of semi-submersible accommodation vessels, essential for offshore operations in various sectors. As the company moves forward, the Board, under Lowe's guidance, will ensure that the leadership transition does not hinder the operational capabilities of the fleet.
Contact Information
For further inquiries, Carey Lowe can be contacted at carey.lowe@prosafe.com.
Frequently Asked Questions
Who is the new interim CEO of Prosafe SE?
Reese McNeel has been appointed as the interim CEO following Terje Askvig's resignation.
What position does Carey Lowe hold during this transition?
Carey Lowe is the Chair of the Board of Directors and will serve as the executive chairman during the leadership transition.
What does Prosafe SE specialize in?
Prosafe SE is a leading provider of floating accommodation vessels and Units for Maintenance and Safety (UMS), primarily serving offshore needs.
How is Prosafe SE listed?
Prosafe is listed on the Oslo Stock Exchange under the ticker codes PRS, PRS01, PRS02, PRS03, and PRS04.
Is there a permanent CEO being appointed soon?
The Board of Directors is initiating the process to appoint a permanent CEO as soon as possible.
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