Walter Qvam to become chairman at PGSCompany News // April 13, 2016
Petroleum Geo-Services (PGS) says Walter Qvam, currently a board member, will be proposed as the new chairman of the company at its upcoming annual general on 11 May 2016.
Mr Qvam has been a PGS Board Member since 2013 and knows the company and the seismic industry well. He is currently President and Chief Executive Officer of Kongsberg Group, a position he will resign from in June this year. Previously Mr Qvam has held leading positions in various prominent Norwegian and international businesses in a variety of fields, including oil and gas, shipping, IT, transportation and consultancy.
Francis Gugen, the current Chairperson, and Harald Norvik, the current Vice Chairperson, have decided not to stand for re-election after almost 13 years of service.