Aker Horizons combines industrial edge and financial expertise with a planet positive purpose to create values and attractive financial returns
Corporate governance
Aker Horizons aims to ensure that the maximum possible value is created for its shareholders over time. Good corporate governance shall ensure an appropriate distribution of roles between the owners, the board of directors and the management.
It shall also contribute to managing and mitigating risk as well as ensuring sustainable value creation.
Board Of Directors
Øyvind Eriksen
Chair (non-independent)
Øyvind Eriksen
Chair (non-independent)
Øyvind Eriksen (born 1964) is President and CEO of Aker ASA and holds a law degree from the University of Oslo. Eriksen has held several board positions in different industries, including shipping, finance, asset management, offshore drilling, fisheries, media, trade and industry.
Eriksen is chair of the board at Aker BP ASA, Cognite AS, Aker Capital AS, Aker Kværner Holding AS, Rev Ocean Inc., deputy chair of Aker Solutions ASA and a director of several companies, including SalMar Aker Ocean AS, Aker Carbon Capture ASA, Akastor ASA, The Resource Group TRG AS, and TRG Holding AS. He also serves as the deputy director in Aker Offshore Wind AS and on the board of the nonprofit organizations Aker Scholarship, the WE Foundation (Stiftelsen VI), and the Norwegian Cancer Society (Kreftforeningen).
As of 31 December 2021, Eriksen holds 285,714 shares in Aker Horizons (excluding indirect ownership through his indirect holding of 219,072 shares in Aker ASA, the parent of Aker Capital, and 100,000 B-shares in TRG Holding AS), and has no stock options. Eriksen is a Norwegian citizen. He has been elected for the period 2021-2023.
Kimberly Mathisen
Director
Kimberly Mathisen
Director
Mathisen (born 1972) is CEO of HUB Ocean (previously named C4IR Ocean). Mathisen has more than 25 years of experience working in industries, including Technology, Branded Consumer Goods, and Pharmaceuticals. Her roles have included General Manager of Microsoft Norway, CEO of Orkla Home & Personal Care, Global Vice President & Alliance Leader of Eli Lilly and General Manager, Germany and Norway of Eli Lilly. Kimberly has extensive board experience, currently serving on the boards of Bayer, Aker BioMarine, and Aize, Previous board roles include Yara, Abelia, NHST (parent of Dagens Næringsliv), Meda AB, Borregaard, and Kappa Bioscience. She is on the advisory board of Nysnø and Sintef and a member of Friends of Ocean Action.
Mathisen has a BS in engineering from the University of Illinois, and an MBA from Harvard Business School.
As of 21 April 2023, Mathisen holds no shares in Aker Horizons , and has no stock options. She is an American and Norwegian citizen. She is elected for the period 2023-2024.
Lone Fønss Schrøder
Director (independent)
Lone Fønss Schrøder
Director (independent)
Lone Fønss Schrøder (1960) is an entrepreneur, business leader and advisor, and senior executive. She is also an experienced board director and chair. Her areas of expertise are digital transformation, new business models, corporate strategy, bank and capital markets, sustainability and blockchain technology.
Fønss Schrøder is currently vice-chair of Volvo Cars AB and chair of its audit committee, and a director of Geely Sweden Holdings AB and Ingka Holding B.V. (Ikea Group). She has more than 30 years of international top executive experience in the A.P. Møller-Maersk group, and Wallenius Lines AB. She is an experienced director with current or former board positions in companies like Akastor ASA, Aker Solutions ASA, Queen’s Gambit Growth Capital (SPAC), and Geely Sweden Holdings AB and CSL Group, Inc.
Fønss Schrøder holds two master’s degrees: a Master of Laws (LL.M.) from the University of Copenhagen, and a Master of Science in Economics and Business Administration from Copenhagen Business School. She has also studied aviation and insurance law at the Polytechnic of Central London (now University of Westminster), blockchain at MIT Sloan School of Management, and management at IMD Business School.
As of 31 December 2021, Fønss Schrøder holds no shares in Aker Horizons, and has no stock options. She is a Danish citizen. She has been elected for the period 2021-2023.
Kjell Inge Røkke
Director (non-independent)
Kjell Inge Røkke
Director (non-independent)
Kjell Inge Røkke (born 1958) is Aker ASA’s main owner. He has been a driving force in the development of Aker since the 1990s. Mr. Røkke launched his business career with the purchase of a 69-foot trawler in the United States in 1982, and gradually built a leading worldwide fisheries business. In 1996, the Røkke controlled company, RGI, purchased enough Aker shares to become Aker’s largest shareholder, and later merged RGI with Aker.
Røkke is currently chair of Aker ASA and a director of Aker Offshore Wind AS, Aker Solutions ASA, Aker BP ASA and Cognite AS, among others.
As of 31 December 2021, Røkke holds no shares in Aker Horizons, and has no stock options. Røkke is the ultimate beneficial owner of Aker ASA (through its subsidiary Aker Capital), the Company’s majority shareholder, and thereby holds a controlling indirect ownership interest in the Company. Røkke’s son, Normann Eidsvig Røkke, owns 2,500 shares in Aker Horizons. Røkke is a Norwegian citizen. He has been elected for the period 2021-2023.
Trond Brandsrud
Director (independent)
Trond Brandsrud
Director (independent)
Brandsrud (born 1958) serves as a non-executive director and industry advisor. From 2016 to 2019, he held several CEO and CFO roles in the European financial services companies Lindorff, Intrum and Lowell, and from 2010 to 2015, he served as the Group CFO of Aker. In the period from 2007 to 2010, he was the CFO of the Seadrill Group. Prior to these roles, Brandsrud had 23 years of experience from leading finance positions in Shell. Mr Brandsrud is a non-executive director and board member of PGS, Aker BP, the Lowell Group (Simon Midco Ltd) and Waterise.
Brandsrud holds a Master of Science degree from the Norwegian School of Economics (NHH).
As of 21 April 2023, Brandsrud holds no shares in Aker Horizons, and has no stock options. He is a Norwegian citizen. He is elected for the period 2023-2024.
Corporate Governance Report
Read our Corporate Governance Report
Nomination committee
Aker Horizons ASA’s nomination committee has a minimum of two members elected at the annual general meeting. The nomination committee’s work is carried out in accordance with instructions adopted by the general meeting.
- The nomination committee presents recommendations on the following matters at the general meeting:
Election of new candidates for the board of directors - Remuneration of the board of directors including the audit committee
- Election of new candidates for the nomination committee and remuneration to the members of the committee
The current members of the nomination committee are Svein Oskar Stoknes (chairperson) and Ingebret G. Hisdal (member) and are elected until the company’s annual general meeting in 2023.
Proposals for new candidates to the board of directors or the nomination committee as well as general questions concerning the work of the nomination committee should be submitted through the company’s investor relations (IR) function.
Download: Instructions for the nomination committee of Aker Horizons ASA
Investor Relations Policy
Aker Horizons aims to serve the financial market with relevant, comprehensive and timely information about the company, to form a good basis for financial market participants in making decisions related to valuation and trade of the Aker Horizons share.
Purpose
Aker Horizons seeks to engage in an open and continuous dialogue with the financial market. The company’s investor relations policy covers guidelines for the company’s contact with shareholders and the financial community.
Information and Communication
Aker Horizons shall ensure equal treatment of financial market participants and equal opportunities to access relevant information. The main communication channels are stock exchange releases, press releases and the company’s website.
Aker Horizons publishes financial results on a quarterly basis according to its financial calendar which is published annually on the company’s website and to the Oslo Stock Exchange.
Members of the executive management participate actively in dialogue with the financial market, while daily communication is handled by Investor Relations. The dialogue with the market takes form primarily through annual reports, quarterly reports, meetings with investors and analysts, and participation in important financial industry conferences, as well as use of the company’s website.
All information will be provided in English.
Silent Period
Aker Horizons shall observe a silent period two weeks prior to the publishing of quarterly financial results. Aker Horizons does not attend any investor- or analyst meetings, or financial conferences during these periods.
Compliance
Aker Horizons shall comply with applicable legislation and rules for companies listed on the Oslo Stock Exchange and the Oslo Børs Code of Practice for IR of March 1, 2021.