Ocean Installer elects new chief financial officer

  • Business & Finance

Norwegian subsea contractor Ocean Installer has appointed a new chief financial officer (CFO).

Ocean Installer said on Wednesday that it had named Ingrid Due-Gundersen as the company’s new CFO.

According to the company, Due-Gundersen started her new career in Ocean Installer on April 1, 2020, and is based in the newly established office in Oslo.

Due-Gundersen worked for the Leif Höegh & Co. group her whole career. She joined Höegh Fleet Services in 2002 as a summer intern and worked within the group in various positions ever since she was employed in the Business Intelligence department in HöeghUgland Autoliners in 2004.

In 2008, she took the role of head of treasury, being responsible for the company’s cash management. From 2012 to 2017, she served as head of finance before she took over as chief financial officer in December 2017.

Odd Strømsnes, CEO of Ocean Installer, said: “We are very pleased to welcome Ingrid Due-Gundersen into the Ocean Installer team. Ingrid is an accomplished leader with an experience and competence Ocean Installer will strongly benefit from.”

Regarding her appointment, Due-Gundersen stated: “I am very excited to join the Ocean Installer team. I believe the company is well-positioned, due to its excellent track record and substantial backlog, to continue playing an important role in the subsea industry as well as taking a similar position in the offshore wind industry in the years to come.”

The new CFO appointment comes only a few months after Strømsnes joined the company as the new CEO. He was named CEO in January 2020 but started in his new role for the company on February 1.


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