The supervisory board of Fugro has nominated Øystein Løseth to take over as chief executive of the company, when current incumbent Paul van Riel steps down in April next year.
An extraordinary general meeting will be held on 14 December to approve the nomination, which would also include adding Løseth to the company’s management board.
From October 2014 until recently, Løseth was on the board of directors of Norwegian company Statoil, and was previously CEO at Vattenfall.
Fugro supervisory board chairman Harrie Noy said: “I am glad that with Øystein Løseth we have found a seasoned new leader.
“He has solid experience in the oil and gas market, and brings a broader scope facilitating Fugro’s ambitions to extend its business outside oil and gas.”
Løseth said: “After several years in a non-executive role, I was ready for a new, challenging and exciting executive role in an international environment again.
“I have come to know Fugro as a company with very strong market positions and an excellent reputation, based on the skills of its people and innovative technologies, and look forward to interacting with Fugro’s clients.”
Image: Fugro
