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
the Norwegian Institute of Technology (now the Norwegian University of
Science and Technology) in 1992. In the last 11 years he has held a
of leading positions in the maritime industry - with Aker Yards since
and Aker Kvaerner Yards since the company was established in February