The Chairman of the Board, Svein Sivertsen (1951), was appointed to the Board by the extraordinary general meeting on 26 February 2021.

Mr. Svein Sivertsen has extensive experience from directorships within maritime fields, covering sectors of aquaculture, oil service, construction and shipping, amongst others. Mr. Sivertsen holds a degree in Master of Science, Chemical Engineering from the Norwegian University of Science and Technology. The directorships of Mr. Sivertsen include current positions as chairman in Aalesundfisk Holding AS and Arctic Fish (Iceland) as well as previous directorships in Axess AS, Aker Yards ASA and Hydrotech Gruppen AS. Mr. Sivertsen has also held executive positions as CEO of Fokus Bank AS and CEO of Nidar Bergene AS, as well as served as Deputy CEO of SINTEF Gruppen.

Mr. Sivertsen owns 20.000 shares or options in Frøy ASA

Morten Loktu (1960), was appointed to the Board by the extraordinary general meeting on 20 December 2022.

Mr. Morten Loktu has experience from directorships within aquaculture, finance and others. Mr. Morten Loktu holds a degree in Master of Science, physics and economics  from the Norwegian University of Science and Technology. The directorships of Mr. Loktu include current positions as member of the Board in Sparebank1 SMN AS, Salmar ASA and Salmar Aker Ocean AS, as well as previous directorships in IOGP ( International Association of Oil & Gas Producers), EIT ( European Institute of Innovation & Technology) and the Norwegian University of Science and Technology). Mr. Loktu has also held executive positions as CEO of Sintef Gruppen and several executive positions in Statoil ASA and Equinor ASA.

Board member Pernille Skarstein Christensen (1966) was elected to the Board of Directors by the extraordinary general meeting on 20. December 2022.

Mrs Skarstein Christensen has broad experience from the financial markets and extensive background as Head of Investments from Alfred Berg Asset Management, Carnegie Asset Management and C WorldWide Asset Management. She holds a MA in Economics from the Norwegian School of Economics & Business Administration (NHH), Norway.  

Mrs. Skarstein Christensen is currently Investment Director of Kverva AS. In addition, she holds a board position in the seafood company NTS AS.

She owns 0 shares in Frøy ASA.

Mrs. Johnsen has 20 years of experience from tax authorities, including as tax assessor for Nærøy, Vikna and Leka municipality.

She also has experience from BDO, with special focus on the fisheries sector. Mrs. Johnsen is currently working as a financial consultant in Williksen Fangst AS.

Mrs. Johnsen owns 0 shares in Frøy.

Board member Rune Juliussen (1977) was elected to the Board of Directors by the extraordinary general meeting on 20. December 2022.

Mr. Juliussen is currently Investment Director of Kverva AS. He holds a board position in among others Salvesen & Thams and Sparebank1 Markets, and was until February 2023 chairman of the processing vessel company Napier Holding. He has over 10 years’ previous experience from Investment Banking in Carnegie and Pareto until 2010.

He holds a MSC in Business from the Norwegian Business School (BI), Norway.  

Tonje Foss (1971) is the CEO of Frøy ASA, a role she has had since January 2022. Before this, she held the position as Strategy Director at Enova, and Regional Director of Atea from 2017 to 2020. Mrs. Foss has 19 years of experience from various positions and companies in the oil industry, including Kværner, Schlumberger and Aker BP. Foss has been board member of Det norske oljeselskap and SalMar, and are currently holding a board member seat of Sparebank 1 SMN.

Tonje Foss owns 10.000 shares in Frøy ASA

Sondre Vevstad (1983) has been engaged by Frøy since 2020 and has today the position as interim CFO. Prior to his current position Vevstad has assisted the Company with IPO preparations, investor relations and corporate strategy services. Vevstad has more than 10 years’ experience from investment banking, covering the seafood and aqua services sector and holds a master´s degree within finance from NHH – Norwegian School of Economics.

Ocean Capital Advisers AS, a close associate to Sondre Vevstad owns 8.196 shares in Frøy ASA.

Anders Gåsø (1986) joined Frøy in 2017 and has today the position as the Head of the Service and Sea Transport. Prior to joining the Group, Mr. Gåsø held a leading position at Sparebank 1 SMN, the largest bank in region of Middle Norway. Mr. Gåsø holds different board positions including as a board member of NTS ASA.

Gåsø Næringsutvikling AS, a company where Mr. Gåsø holds a non-controlling ownership position, owns 819.672 shares in Frøy ASA and 45,516,416 shares in NTS ASA.

Andreas Moe started his current position as Head of Wellboats in January 2023. Moe has over 10 years of industry experience as he joined Norsk Fisketransport in 2012 and sailed on several wellboats until 2018 as he moved ashore for a position in the quality department in NTS Management.
Served in Frøy as a QA manager and recently Head of QA department prior to his current position.

Andreas owns 0 shares in Frøy ASA

Andreas Krogstad (1976) holds the position as Head of Sales at Frøy ASA. Prior to this position he has been working as a Sales & Marketing manager of service vessels in Frøy, and as operations coordinator for service vessels since he was first recruited to Frøy in April 2013. Mr. Krogstad has studied Market Economics & Business Economics at BI Norwegian Business School. Mr. Krogstad holds several board memberships, and acted amongst others as a Deputy Board Member of NTS ASA from 2021 -2022.

Mr. Krogstad holds 19.286 shares in Frøy.

Linn Holmen holds the position as Head of Operational Support. Mrs. Holmen started at the QA division at Frøy during 2016 where she acted as Head of the QA department and Chief Sustainability Officer. Before joining Frøy Mrs. Holmen worked as Operating Manager offshore at Statoil ASA.

Kristin Sugustad (1979) joined Frøy in 2019 and has today the position as Director Maritime Staffing. Prior of joining Frøy, Ms. Sugustad worked 12 years as a financial advisor at Sparebank 1 SMN and Nordea Bank ASA. Ms. Sugustad acquired her Bachelor of Economics from Trondheim Økonomiske Høyskole and executive master of management at BI Norwegian Business School.

Tove Torstad (1969) started her current position as Director of HR following the merger between NTS and Frøy in April 2020. Prior to her current position, Torstad acted as interim CEO in NTS Mangement. Before starting at Frøy,  Torstad worked Eidshaug Rederi and the local government administration in Nærøy.

Tove Torstad owns 1.928 shares in Frøy ASA

Arnt Solem (1967) is from January 2023 our Director Business Development and Innovation. Prior to joining Frøy, Mr. Solem worked 11 years as a CEO at Fosenkraft AS. Before that, he had a significant career and experience from various management positions and companies in the oil industry, including Altera Infrastructure (formerly known as Teekay) and PGS.

ASAP Invest AS where Arnt Solem holds an ownership position of 50%, owns 17899 shares in Frøy ASA.