Herbjørn Hansson earned his M.B.A. at the Norwegian School of Economics
and Business Administration and attended Harvard Business School. In 1974 he was
employed by the Norwegian Shipowners Association. In the period from 1975 to
1980, he was Chief Economist and Research Manager of INTERTANKO, an industry association
whose members control about 70% of the worlds independently owned tanker fleet,
excluding state owned and oil company fleets. During the 1980s, he was Chief Financial
Officer of Kosmos/Anders Jahre, at the time one of the largest Norwegian based
shipping and industry groups. In 1989, Mr. Hansson founded Ugland Nordic Shipping
AS, or UNS, which became one of the worlds largest owners of specialized shuttle
tankers. He served as Chairman in the first phase and as Chief Executive Officer
as from 1993 to 2001 when UNS, under his management, was sold to Teekay Shipping
Corporation, or Teekay, for an enterprise value of $780.0 million. He continued
to work with Teekay, recently as Vice Chairman of Teekay Norway AS, until he started
working full-time for the Company on September 1, 2004. Mr. Hansson is the founder
and has been Chairman and Chief Executive Officer of the Company since its establishment
in 1995. He also has been a member of various governing bodies of companies within
shipping, insurance, banking, manufacturing, national/international shipping agencies
including classification societies and protection and indemnity associations.
Mr. Hansson is fluent in Norwegian and English, and has a command of German and
French for conversational purposes.
Andreas Ove Ugland has been a director of the Company since 1997. Mr. Ugland
has also served as director and Chairman of Ugland International Holding plc,
a shipping/transport company listed on the London Stock Exchange; Andreas Ugland
& Sons AS, Grimstad, Norway, Høegh Ugland Autoliners AS, Oslo and
Buld Associates Inc., Bermuda. Mr. Ugland has spent his whole career in shipping
in the Ugland family owned shipping group. Mr. Ugland is Chairman of our Audit
Committee.
Jan Erik Langangen has been a director of the Company since June 2010. Mr.
Langangen was the Executive Vice President, Business Development and Legal,
of the Manager from November 2004 until September 2010. From October 2010 Mr.
Langangen is employed by the Company. Mr. Langangen previously served as the
Chief Financial Officer from 1979 to 1983, and as Chairman of the Board from
1987 to 1992, of Statoil, an oil and gas company that is controlled by the Norwegian
government and that is the largest company in Scandinavia. He also served as
Chief Executive Officer of UNI Storebrand from 1985 to 1992. Mr. Langangen was
also Chairman of the Board of the Norwegian Governmental Value Commission from
1998 to 2001, being appointed by the Norwegian Prime Minister. Mr. Langangen
is a partner of Langangen & Helset, a Norwegian law firm and previously
was a partner of the law firm Langangen & Engesæth from 1996 to 2000
and of the law firm Thune & Co. from 1994 to 1996. Mr. Langangen received
a Masters of Economics from The Norwegian School of Business Administration
and his law degree from the University of Oslo.
James Gibbons has been a director of the Company since September 2013. Mr. Gibbons
was educated at Harrow School, England and received a BSBA in Finance from Georgetown
University in 1985. Mr. Gibbons has worked as a registered representative for
Prudential Bache Securities 1985to 1986, as a Director of Gibbons Management
Services Limited from 1986 to 1989, as Managing Director of Gibbons Deposit
Company Limited from 1989to 1999, as President and CEO of CAPITAL G Limited
from 1999 to 2010 Chairman of Capital G Bank Limited 1999 to 2013 and is currently
Treasurer of Edmund Gibbons Limited, the Chairman of Harbour International Trust
Company Limited, a Director of Clarien Bank Limited and President of Bermuda
Air Conditioning Limited. Mr. Gibbons is an Independent Director of RenaissanceRe
Holdings Ltd and other Boards, and was a member of Bermuda Governments Council
of Economic Advisors, The Waterfront Task Force, and Monetary Advisory Committee,
the Mayors Commission on the Future of the City of Hamilton and Public Funds
Investment Committee. Mr. Gibbons is currently a member of Youthnets Advisory
Board and an Honorary Trustee of the Bermuda Underwater Exploration Institute.
Richard H. K. Vietor has been a director of the Company since July 2007. Mr.
Vietor is the Paul Whiton Cherrington Professor of Business Administration where
he teaches courses on the regulation of business and the international political
economy. He was appointed Professor in 1984. Before coming to Harvard Business
School in 1978, Professor Vietor held faculty appointments at Virginia Polytechnic
Institute and the University of Missouri. He received a B.A. in economics from
Union College in 1967, an M.A. in history from Hofstra University in 1971, and
a Ph.D. from the University of Pittsburgh in 1975.
Jim Kelly has been a director of the Company since June 2010. Mr. Kelly has
worked for Time Inc., the worlds largest magazine publisher, since 1978. He
served as Foreign Editor during the fall of the Soviet Union and the first Gulf
War, and was named Deputy Managing Editor in 1996. In 2001, Mr. Kelly became
the magazines managing editor, and during his tenure the magazine won a record
four National Magazine awards. In 2004, Time Magazine received its first EMMA
for its contribution to the ABC News Series "Iraq: Where Things Stand."
In late 2006, Mr. Kelly became the managing editor of all of Time Inc., helping
supervise the work of more than 2,000 journalists working at 125 titles, including
Fortune, Money, Sports Illustrated and People. Since 2009, Mr. Kelly has worked
as a consultant at Bloomberg LP and taught at Princeton and Columbia Universities.
Jim Kelly was elected as member of our Audit Committee in February, 2012.
Turid M. Sørensen was appointed Chief Financial Officer & Executive
Vice President June 1, 2012. She previously served as Chief Financial Officer
from February 6, 2006. Ms. Sørensen has a Bachelors Degree in Business
Administration from the Norwegian School of Management, a M.B.A. in Management
Control from the Norwegian School of Economics and Business Administration and
Advanced Management Program from Harvard Business School. She has 29 years of
experience in the shipping industry. During the period from 1984 to 1987, she
worked for Anders Jahre AS and Kosmos AS in Norway and held various positions
within accounting and information technology. In the period from 1987 to 1995,
Ms. Sørensen was Manager of Accounting and IT for Skaugen PetroTrans
Inc., in Houston, Texas. After returning to Norway she was employed by Ugland
Nordic Shipping ASA and Teekay Norway AS as Vice President, Accounting. From
October 2004 until her appointment as Chief Financial Officer in February 2006,
she served as our Treasurer and Controller. In June 2012, she became Chief Financial
Officer & EVP.
Frithjof Bettum was appointed Senior Vice President—Technical Operations
& Chartering of the Manager on October 1, 2005. Mr. Bettum has a Mechanical
Engineering degree from Vestfold University College. Mr. Bettum has 25 years
of experience in the shipping and the offshore business. From 1984 to 1992,
Mr. Bettum was employed by Allum Engineering AS in Sandefjord, Norway where
he served as project manager. At Allum Engineering AS Mr. Bettum worked on projects
in the areas of engineering, the new building and conversion management of shuttle
tankers, Floating Production, Storage and Offloading (FPSO), semi-submersible
drilling units and the shore based manufacturer industry. From 1993 to 2001,
Mr. Bettum was employed by Nordic American Shipping AS (which later became Ugland
Nordic Shipping ASA) where he served as Technical Director in Ugland Nordic
Shipping ASA and President of Ugland Stena Storage AS. In 2004, Mr. Bettum joined
Teekay Norway AS as Director Offshore where he was responsible for business
development, the daily operations of the company and the conversion of shuttle
tankers and offshore units.
Paal Stenberg was appointed Vice President Vetting & Technical Operations
in 2013 after nearly a year in the position as Vice President Vetting. Paal
Stenberg has a Maritime Education from Bakkenteigen Nautical College in Norway.
He has 21 years of experience in the Shipping Industry commencing his career
in the Royal Norwegian Navy. He has served as Deck Officer on Chemical Tankers
and he ended his sea career on Shuttle Tankers as Captain for Ugland Nordic
Shipping. After ended sea career, he joined Transpetrol as HSEQ Superintendent
as well as Designated Person in the company in 2005. From 2007, he was given
the position as Marine-& HSEQ Manager for Transpetrol in addition to the
position as Designated Person in the company where he worked until he took up
the position as Vice President Vetting in our company early 2013.
Jan Halvard Aas Møller was appointed Financial Manager of the Manager
on June 1, 2013. Mr. Møller has a Masters Degree in Audit and Accounting
from the Norwegian School of Economics and Business Administration, and is a
State Authorized Public Accountant. From 2006 to 2013 Mr. Møller was
employed by KPMG as an auditor and consultant and worked in both capacities
with several companies with securities listed on exchanges in both Europe and
the United States.
John G. Bernander was appointed Advisor to the Chairman in June 2012. After
some years as a practicing lawyer and corporate counsel for companies such Johan
G Olsen Industrier AS and the regional bank Sørlandsbanken AS he has
been engaged in politics both on the regional and national scene. He is a former
Member of Parliament, Deputy Minister of the Department of Trade and Industry
and of the City Council of Kristiansand. From 1991 to 1994 he was the Deputy
Leader of the Conservative Party. After leaving active politics he has held
a number of positions in Norwegian commercial life, most notably as CEO of the
Gard P&I Club and Gard Services AS (1993 to 2001), CEO and Editor in Chief
of the Norwegian Broadcasting Company, NRK (2001 to 2007) and until recently
CEO of the Norwegian Federation of Enterprises, NHO (2009 to 2012) Norway.
Nordic American Tankers Ltd currently has 29 employees.
