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New finance head for Sevan Marine
Posted 08.12.2011 08:50:29 av John Bradbury
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Floating production and drilling provider Sevan Marine has appointed a new permanent chief financial officer.

Kjetil Vangsnes has been appointed as the new permanent CFO at Sevan Marine with effect from 1 January next year. He is currently a partner with KVC Management and has previously served as acting chief executive at shipping company Western Bulk and chief financial officer of Technip Norge between 2006 and 2009.

As a result of the appointment, Reese McNeel, currently the interim chief finance officer at Sevan Marine who has been taking the company through its financial restructuring process, will be stepping down at the same time, but will continue to support financial organisation of the group until then.

“We continue to strengthen the organisation within financial control, project execution and operation,” said Sevan's chief executive Carl Lieungh. Lieungh also thanked McNeel for his efforts over the past months and his “invaluable guidance” in helping Sevan Marine through the restructuring process.
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