Songa Offshore Appoints New CFO

Songa Offshore SE has today received the resignation of the company’s Chief Financial Officer, Geir Karlsen. He will, until the end of 2013, remain at the Company’s disposal as Executive Vice President. Executive Vice President Jan Rune Steinsland has been appointed as new Chief Financial Officer as from today.

“Since joining Songa in April of this year Jan Rune has contributed greatly to the strengthening of our financial control and reporting structures. Jan Rune commands a great deal of respect in our industry and I am extremely pleased to have someone with his knowledge, experience and strength in this role,” says Bjørnar Iversen, CEO.

Steinsland will be based in Oslo at the company’s Oslo Office and takes up his position with effect from today 4 November.

Jan Rune Steinsland has significant international industry experience and a strong track record from executive positions. From 2006, he has held the position as CFO at Ocean Rig, in period of great expansion and development, including an IPO and listing on NASDAQ. Prior to that, he was CFO at Acta Holding ASA, a position he held for six years. From 1988 to 2000, Jan Rune Steinsland had several management positions at ExxonMobil, including Financial Analyst, Financial Reporting Manager, Vice President Accounting and Audit Advisor. Jan Rune Steinsland holds a Master of Business Administration from University of St. Gallen and is Certified European Financial Analyst (AFA) from The Norwegian Society of Financial Analysts/Norwegian School of Economics and Business Administration.

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Press Release, November 04, 2013