Carl Krogh Arnet
Carl Krogh Arnet has more than 40 years’ experience in the oil and gas industry.
Mr. Arnet is currently the Chief Executive Officer of BW Energy Ltd. Prior to this role, he was the Chief Executive Officer of BW Offshore Limited. Previously, Mr. Arnet was the Managing Director of Advanced Production and Loading (APL), and had held various positions at Norsk Hydro (Statoil Hydro) and Conoco UK in the period from 1981 to 1996.
Mr. Arnet holds a M.Sc. from the Norwegian University of Science and Technology (NTNU) and an MBA from the Norwegian School of Management (BI). He holds a number of other board memberships and chairmanships in non-related companies and was a non-executive director of the Maritime and Port Authority of Singapore until February 2021.
Knut R. Sæthre
Knut R. Sæthre is Chief Financial Officer (CFO). Mr. Sæthre came from the position as Finance Director of APL Plc and President of APL Norway. Mr. Sæthre has his background within finance and the offshore industry, and has more than 25 years of international experience. He was previously employed by Aker Kværner and ABB, holding several executive positions such as SVP and CFO. He holds a lic.rer.pol. degree from the University of Fribourg, Switzerland and an MBA degree in strategic management from the Norwegian School of Economics and Business Administration (NHH). Mr Sæthre is a Norwegian citizen.
Thomas Moe Young
Thomas Young is Chief Strategy Officer (CSO). Mr. Young was a former SVP of Commercial Strategy & Analysis of BW Offshore. He joined BWO in 2012 and a main contributor in the development of E&P strategic initiative. He completed a Bachelor Degree in Commerce with double major in Finance and Economics from Griffith University Australia. Mr. Young is a Norwegian citizen.
Thomas Kolanski is Head of Business Development. Prior to BW Energy, Mr. Kolanski was VP of Business Development and GM of BW Offshore USA. He led the team that identified and secured the initial field development opportunities for BW Energy and was instrumental in the development of the BW Energy strategy.
Mr. Kolanski has a Bachelor of Science in Mechanical Engineering from the University of Texas and a Juris Doctorate from South Texas College of Law and was admitted to Texas Bar in 2009.
He has 15 years of industry experience and has worked for companies such as Technip, Wellstream and SBM. Mr. Kolanski is a US citizen.
Lin Garner Espey
Lin Garner Espey is Chief Operating Officer (COO). Mr. Espey was previously Head of E&P of BW Offshore, a position he held from 1 July 2017 until his appointment at BW Energy. Prior to joining BW Offshore, Mr. Espey was employed at British Gas, BP, Vaalco and Memorial Resource Development from 1991 to 2016. Mr. Espey’s training by background is reservoir and production engineering, field development and economic evaluation. Mr. Espey holds a Bachelor of Science in Petroleum Engineering from The University of Texas at Austin. Mr. Espey is a member of the University of Texas System Chancellor’s Council. Mr Espey is a US citizen.
Board of directors
Andreas Sohmen-Pao is Chairman of BW Group and its listed entities, including BW Offshore, BW LPG, Hafnia, Epic Gas, BW Energy and Cadeler. He is also Chairman of the Singapore Maritime Foundation, a trustee of the Lloyd’s Register Foundation, and a Director in the Copenhagen Commercial Platform Board of Directors.
Mr Sohmen-Pao was previously Chief Executive Officer of BW Group. He has also served as a non-executive director of The Hongkong and Shanghai Banking Corporation Ltd, The London P&I Club, The Esplanade Co Ltd, National Parks Board Singapore, Sport Singapore and the Maritime and Port Authority of Singapore amongst others.
Mr Sohmen-Pao graduated from Oxford University in England with an honours degree in Oriental Studies and holds an MBA from Harvard Business School.
Marco Beenen is Chief Executive Officer (CEO) of BW Offshore. Mr. Beenen has been employed as CEO since 1 July 2019, and previously held the position of Chief Operations Officer (COO).
Prior to joining BW Offshore, Mr. Beenen held the position as President of GustoMSC Inc. and Vice President Engineering with SBM Offshore.
He holds a M.Sc. in Naval Architecture and Offshore Hydrodynamics from Delft University of Technology.
Tormod Vold has more than 34 years international experience from oil and gas operating companies. He is the former Technical Director for Shell Gabon (2010-2014).
Mr. Vold holds a M.Sc. from Norwegian University of Science and Technology (NTNU) and received extensive training as part of Shell´s Leadership Development Programs, including Business Leadership qualifications from INSEAD.
Hilde Drønen is the Chief Financial Officer (CFO) of DOF ASA, an oilfield services group listed on the Oslo Stock Exchange.
Mrs. Drønen has several directorships of various energy companies. Her previous experience includes being the CFO in DOF Management AS (2004-2007), Director of Finance with Bergen Yards AS (2003-2004), and Group Controller for the Møgster Group (1995-2003).
She holds a Master’s Degree from the Norwegian School of Management (BI) and MBA from Norwegian School of Economics and Business Administration (NHH).
Russell Scheirman has more than 35 years in the oil & gas industry. Mr Scheirman has held senior positions at McKinsey, ExxonMobil and VAALCO Energy, Inc. (1991-2015).
He holds a B.Sc. & M.Sc. in Mechanical Engineering from Duke University, and an MBA from California Lutheran University.
The Nomination Committee proposes candidates for election to the Board. The Nomination Committee also is responsible for proposing the remuneration to be paid to the members of the Board. The Nomination Committee explains how the Committee arrived at its proposal for each candidate. The Company established a deadline for the Nomination Committee to propose candidates of no later than four weeks prior to the AGM.
Mrs. Sophie Smith (born 1984) joined BW Group in August 2021 as the Chief Human Resources Officer. Mrs. Smith’s focus is the people strategy for BW Group, of which one key element is the identification and development of talent. Before joining BW Group, Mrs Smith was HR Director for the EMEA and then the APAC regions of Experian. Roles which covered 37 countries. While at Experian she designed the company’s global strategy on the Future of Work, securing board approval. She also took a lead role in acquisition integrations as well as divestment planning. Prior to Experian, Mrs Smith spent time at 3i and was accountable for the company’s global early career and talent development programmes. Before 3i she was Head of HR for Corporate Functions at the Royal Bank of Scotland, supporting the bank though a significant period of restructuring and cultural transformation. She started her career at Rolls-Royce, spending time living and working in China and Singapore. Mrs. Smith has a first class honours degree from Durham University and is a member of the Chartered Institute for Personnel and Development.
Mr Bjarte Bøe has over thirty years of experience in the finance industry. He currently serves as a Director of Hermitage Offshore, a NYSE listed company and Agera Venture, a Norwegian venture capital company.
Mr Bøe is a member of the Nomination Committee of BW Offshore Limited and Chairman of the Investment Committee at SEB Venture Capital, a subsidiary of Skandinaviska Enskilda Banken AB (publ), or SEB, a Nordic financial services group, where from 1995 to June 2019, he held a range of management positions. He most recently served as Head of Shipping and Offshore Finance at SEB, and was Global Head of Investment Banking at SEB Stockholm between 2012 and 2016. Mr Bøe previously held various other bank related management positions at Christiania Bank between 1986 and 1995, a Norwegian bank that later merged with MeritaNordbanken to become Nordea, and was a shipbroker at R.S. Platou between 1983 and 1986.
Mr Bøe has an MBA from the Norwegian School of Economics and Business Administration, graduated in 1983.
Elaine Yew Wen Suen
Ms Elaine Yew Wen Suen is a Senior Partner in Egon Zehnder, one of the world’s largest executive search and talent strategy firm. Ms Yew’s focus is on CEO and C-suite succession planning, and board effectiveness and she also advises clients on CEO development, top team effectiveness, and organisational culture.
Before joining the firm, Ms Yew led an industry change program while at Global Freight Exchange, the world’s first Internet-based global marketplace for air cargo. Prior to that, she was Executive Director with Goldman Sachs in the European Equities Division and was a Consultant with Monitor Company. Ms Yew started her career with the Singapore Economic Development Board, helping Singapore companies develop their presence in Indochina and Myanmar in the early 1990s. She currently serves on the Board of Trustees of the National University of Singapore and chairs the Industry Advisory Board of NUS’ Centre for FutureReady Graduates. Ms Yew also serves on the Board of Governors of the Convent of the Holy Infant Jesus group of schools in Singapore, the Board of Workforce Singapore and the Advisory Board of Women’s Forum Singapore. Ms Yew is a member of the Asia Advisory Board of Allianz and sits on the board of The Majurity Trust and chairs the Tangent Initiative.
Ms Yew has a BA with Honours in English and Drama from the University of Kent and an MBA from INSEAD in Fontainebleau, France.