EMGS: Change of CFO
CFO of Electromagnetic Geoservices ASA (“EMGS” or the “Company”), Hege Veiseth, has resigned her position with the Company to pursue new challenges as CFO of Polaris Media ASA. Ms Veiseth joined EMGS in 2007 and has served as CFO since 2016.
Anders Eimstad has been appointed interim CFO of EMGS. Mr Eimstad holds a Master of Business Administration from Baylor University. He joined EMGS in 2006 and has held a number of positions within the Company, most recently as VP Business Control.
Mr Eimstad’s appointment will be effective as of 1 January 2020. Ms Veiseth will continue to serve as an employee of the Company for a transitional period.
CEO of EMGS, Bjørn Petter Lindhom, comments:
“I would like to take this opportunity to thank Hege for her outstanding dedication to EMGS over a number of years, and whish her the best of luck in her new position.”
Contact
Hege Veiseth, CFO,
About EMGS
EMGS, the marine EM market leader, uses its proprietary electromagnetic (EM) technology to support oil and gas companies in their search for offshore hydrocarbons. EMGS supports each stage in the workflow, from survey design and data acquisition to processing and interpretation. The Company's services enable the integration of EM data with seismic and other geophysical and geological information to give explorationists a clearer and more complete understanding of the subsurface. This improves exploration efficiency and reduces risks and the finding costs per barrel.
EMGS operates on a worldwide basis with offices in Trondheim, Oslo, Houston, Mexico City, Rio de Janeiro and Kuala Lumpur.
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
