Norwegian shipbuilding company Ulstein has appointed Cathrine Kristiseter Marti as its new chief executive.
Marti (pictured) is curently Ulstein Group chief financial officer and will take over from current chief executive Gunvor Ulstein on 2 November.
Gunvor Ulstein is vacating the hot seat after 22 years at the helm of the company.
“We have always adapted the group to the market and we will continue to do so through continuous change and development,” she said.
“With my decision to step down from the operational role, I will be able to, through my role as chair of [Ulstein’s majority owner] Ulsmo and together with the chair of the board of Ulstein Group, Tore Ulstein, concentrate on the more long-term and strategic opportunities for the group and the maritime industry,” she added.
Tore Ulstein stepped down from his operational position at Ulstein last month in order to concentrate on the long-term strategic possibilities for the group.
“Gunvor is known as a skilled and vigorous chief executive and as chair of the board I would like to thank her for her great commitment through many years,” he said.