Kjelstad to Head of Aker Kvaerner Yards

Wednesday, February 05, 2003
The Board of Aker Kvaerner Yards has appointed Karl Erik Kjelstad as the company's President and Chief Executive Officer. Kjelstad has occupied these posts in an acting capacity since January 16, 2002, when the previous incumbent, Leif-Arne Langøy, left to become president and CEO of Aker RGI. Kjelstad graduated as an engineer specializing in marine subjects from the Norwegian Institute of Technology (now the Norwegian University of Science and Technology) in 1992. In the last 11 years he has held a number of leading positions in the maritime industry - with Aker Yards since 1998 and Aker Kvaerner Yards since the company was established in February 2002.

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