Bruheim resigns - Sivertsen appointed interim CEO at EMGSCompany News // August 26, 2015
EMGS has confirmed that Bjarte Bruheim has decided to step down as Chief Executive Officer of the company with immediate effect. He has held this position since 7 January 2015, and before that, held the position of executive chairman.
EMGS has initiated a search for a new CEO, but until a permanent CEO is in place, Stig Eide Sivertsen has been appointed interim CEO.
As the CEO cannot be a member of the board of directors, according to the Norwegian Public Limited Liability Companies Act, Mr Sivertsen has voluntarily resigned as board member with immediate effect.
Mr Sivertsen has served on the Board and chaired the company’s audit committee. He has previously, among other companies, worked for Schibsted, Petroleum-Geo Services and Telenor. He holds a BA (Hons) Econ and an MSc from University of Durham and supplementary law degree from Universitetet i Bergen.
"With the current low oil pricel, EMGS faces new challenges that require the company to take action. We are confident that Stig Eide Sivertsen is the right person to lead the company until a permanent solution is in place," says the chairman of the board, Eystein Eriksrud.