Magseis is strengthening the team and has successfully filled the CFO and SVP Sales positions
Tom Henrik Sundby has accepted the position as CFO and will join Magseis in April 2018. Mr. Sundby has more than 25 years' experience in finance and management roles most recently as Finance Director of BerGenBio ASA. Previously, he was based in Dubai, UAE, where he held the position as CFO of Polarcus for 8 years. He has otherwise held various financial and management positions within KPMG and TINE. Mr. Sundby holds a Master of Business Administration degree with Honours from BI Norwegian Business School and ESCP, France.
Magseis has also successfully recruited a SVP Sales & Marketing who will join the company in April 2018 at which time his name will be announced. The successful candidate has 15 years of seismic industry experience, primarily in sales & marketing with the last 10 years being in multi-client sales. He holds a Master in Geology from the University of Oslo.
Magseis has further strengthen the geoscience team with the addition of Eivind Frømyr. He has more than 30 years of experience in the oilfield service industry and joined Magseis in February 2018. His experience ranges from geophysical processing and development to wireline services and management. He was also a Cofounder of Read Well Services. Mr. Frømyr joined PGS to start up the PGS Reservoir Services Group as Technical Manager and became VP for Geophysical Technology, Reservoir Services. He held various positions in PGS Marine Geophysical both in Europe and North America. Before joining Magseis he was Chief Geophysicist for PGS Marine Geophysical Contract division. He holds a BSc in Economics and an MSc in Physics.
Per Christian Grytnes, acting CEO comments:
"We are delighted to attract strong professional candidates to Magseis. We welcome the new team members into one of Norway's most exciting and innovative companies within oilfield services and to take part in our ambitious growth plans".
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
For further information, please contact:
Per Christian Grytnes, Acting CEO
Tel: +47 48 21 48 21
Nina Midtlie, Group Financial Director
Tel: +47 98 20 63 78
Magseis is a rapidly growing Norwegian geophysical company which has developed new technology for ocean bottom seismic ("OBS") acquisition. The Company's proprietary Marine Autonomous Seismic System ("MASS") has been developed with the purpose of significantly improving the efficiency of OBS operations. The Company is headquartered in Oslo, Norway and has offices in Bergen, Norway and Stockholm, Sweden.