You are Home   »   News   »   View Article

Stig Eide Sivertsen appointed CEO of Electromagnetic Geoservices

Thursday, August 27, 2015

Bjarte Bruheim has decided to step down as Chief Executive Officer of Electromagnetic Geoservices ASA with immediate effect. He has held this position since 7 January 2015, and before that, he held the position as the company's executive chairman since 2004. The board of directors wishes to express its gratitude to Bjarte Bruheim for his valuable contribution to the company through many years.

EMGS has initiated a search for a new CEO.

Until a permanent CEO is in place, Stig Eide Sivertsen has been appointed new CEO. As the CEO cannot be a member of the board of directors, according to the Norwegian Public Limited Liability Companies Act, Sivertsen has voluntarily resigned as board member with immediate effect. Sivertsen has served on the Board and chaired the Company's audit committee. He has previously, among others, worked for Schibsted ASA, Petroleum-Geo services ASA and Telenor ASA. He holds a BA (Hons) Econ and an M.Sc from University of Durham and supplementary Law degree from Universitet i Bergen.

"With the current low prices on oil, EMGS faces new challenges that require the company to take action. We are confident that Stig Eide Sivertsen is the right person to lead the company until a permanent solution is in place," says the chairman of the board, Eystein Eriksrud.

"As the oil and gas industry is experiencing difficult times, it is even more important to provide the best solutions to our customers and to scale the operations to fit customer demands to maintain profitability. I look forward to take on the role as CEO to develop EMGS together with our highly qualified team," says CEO, Stig Eide Sivertsen.



Associated Companies
» EMGS
comments powered by Disqus

CREATE A FREE MEMBERSHIP

To attend our free events, receive our newsletter, and receive the free colour Digital Energy Journal.

FEATURED VIDEO

Opportunity landscape for data scientists
Philip Lesslar
from

DIGITAL ENERGY JOURNAL

Latest Edition April 2018
Apr 2018

Download latest and back issues

COMPANIES SUPPORTING ONE OR MORE DIGITAL ENERGY JOURNAL EVENTS INCLUDE

Learn more about supporting Digital Energy Journal