Board of Directors

Profiles of our board members and their committee responsibilities.

Walter Kvam

Walter Qvam - Board Chair (elected 2016)

Mr. Qvam is the former President and CEO of Kongsberg Group ASA. He has previously held leading positions in various prominent Norwegian and international businesses in a variety of fields, including oil & gas, shipping (DNV – Det Norske Veritas), IT (Capgemini), transportation (NSB - the Norwegian state railway) and consultancy (Gemini Consulting). Mr. Qvam graduated M.Sc. from the Norwegian University of Science and Technology (1979), and has also studied at INSEAD in Singapore (1985). He is Chairperson of the Council of Stiftelsen Det Norske Veritas. Walter Qvam has been a PGS board member since 2013. As of  31 March 2016, he does not own any PGS shares. 

 

Daniel J. Piette

Daniel J. Piette - Board Vice Chair (elected 2016)
Audit Commitee Member 

Mr. Piette is a board member of Headwave Inc, a software company that offers technology for interpretation and manipulation of upstream exploration data. He also serves on the Board of Visitors for the University of Wisconsin – Madison School of Geological Engineering. Mr. Piette acts as an advisor to Blueware, a technology delivery company, and Deep Imaging Technologies, a company collecting EM data over shale wells during hydraulic fracturing. Until January of 2013, Mr. Piette was the President, CEO and Chairperson of TerraSpark Geosciences Inc. Previously, Mr. Piette was President, CEO, and Board Member of Object Reservoir. Mr. Piette was President and CEO of OpenSpirit Corporation from 2003 to 2011. After receiving his B.Sc. with honors in Mining Engineering from the University of Wisconsin- Madison in 1980, he held several executive management positions in the oil and gas industry, including Business Unit Manager at Input/Output, President and CEO of Bell Geospace, and Vice President and General Manager of the Asia Pacific region for Landmark Graphics. Dan J. Piette has been a PGS board member since 2007. As of 31 March 2016, he owns 10 000 PGS shares.

 

Holly van Deursen

Holly Van Deursen - Board Member (elected 2006)
Remuneration and Corporate Governance Committee Chairperson

Ms. Deursen holds non-executive director positions with Bemis Company, Inc., Actuant Corporation, Capstone Turbine Corporation, and Anson Industries, Inc. She served on BP’s Top-Forty Executive Team as Group Vice President, Petrochemicals from 2003 to 2005 and Group Vice President, Strategy from 2001 to 2003. Prior to these executive appointments, Ms. Van Deursen held a variety of senior positions with BP and Amoco in Chicago, London, and Hong Kong and has served on the boards of directors of the American Chemistry Council and Amoco’s joint ventures in Korea, Taiwan, and Japan. Ms. Van Deursen holds a B.Sc. in Chemical Engineering from the University of Kansas and an MBA from the University of Michigan. As of 31 March 2016, Ms. Van Deursen owns 2 000 PGS shares. 

 

Dr. Carol BellCarol Bell - Board Member (elected 2009)
Audit Committee Member 

Dr. Bell has over 30 years of experience in the energy industry, with particular expertise in investment and financing in the oil and gas sector. She is a non-executive director of Ophir Energy plc and the BlackRock Commodities Investment Trust plc (both listed in London), and two Oslo listed holding companies in the Fred Olsen Group (Ganger Rolf ASA and Bonheur ASA). She is also a director of S4C (the Welsh language public service broadcaster) and Finance Wales (the venture capital arm of the Welsh Government. Dr. Bell has held senior positions in investment banking, including Managing Director of the Global Oil & Gas Group at Chase Manhattan Bank, Head of European Equity Research at JPMorgan and Global Head of its Oil and Gas Equity Research Team. She began her career in corporate planning and development with RTZ Oil and Gas and later worked at Charterhouse Petroleum plc. She earned an M.A. in Biochemistry from Cambridge University, a B.A. in Geology from the Open University, and a Ph.D. in Archaeology from University College, London. As of 31 March 2016, Dr. Bell owns 5 000 PGS shares.   

 

Anne Grethe DalaneAnne Grethe Dalane -  Board Member (elected 2013)
Audit Committee Chairperson

Ms. Dalane is a senior executive at Yara International and previously held a number of senior positions at Norsk Hydro. She is currently Chief Financial Officer Downstream at Yara International. Her previous experience covers a range of fields including HR as well as oil and gas. She has been Region Director Latin America and Country Manager of Argentina. Ms. Dalane’s background is in economics and she holds a business degree from the Norwegian School of Economics NHH. As of 31 March 2016, Ms. Dalane does not own any PGS shares.

  

"/Morten Borge - Board Member (elected 2015)
Remuneration and Corporate Governance Committee Member

Mr. Borge is Investment Director and co-head of Ferd Capital, where he is responsible for the overall concept and execution of strategy. He has previously been Chief Financial Officer in Interwell AS and held various positions within the audit company PwC. He currently serves as Board Member for Aibel AS, Interwell AS and Servi Group AS. Morten Borge holds an M.Sc.Finance from the Norwegian School of Management where he also qualified as a Certified Public Accountant. As of 31 March 2016, Mr. Borge does not own any PGS shares.

 

Employee-elected Ordinary Board Members  

Anette ValbøAnette Valbø - Board Member (elected 2015)
Audit Committee Member

Ms. Valbø joined PGS in 2002. Her current position is Business Controller, Marine Contract. She has previously held similar positions within the Operations business area. Prior to joining PGS, Ms. Valbø served in various positions within auditing and accounting in Frontline Ltd. and DNB. Ms. Valbø holds a bachelor degree in accounting and auditing from Molde University College, Norway. As of 31 March 2016, Ms.Valbø owns 2 972 shares in PGS.

 

 Espen GrimstadEspen Grimstad - Board Member (elected 2015)
Remuneration and Corporate Governance Committee Member

Mr. Grimstad is Senior Navigation Specialist in PGS Operations business area and has worked for PGS since 2001. After 10 years offshore, working with navigation, he joined Operations Technical Support at PGS headquarters. Mr. Grimstad holds an M.Sc. in Geomatics from the Norwegian University of Life Science at Ås and the University of Glasgow. He is also the employee representative of PGS Tekna. As of 31 March 2016, Mr. Grimstad owns 783 shares in PGS

   

BeritBerit Osnes - Board Member (elected 2015)
Audit Committee Member

Ms. Osnes is Senior Vice President Special Sales in PGS MultiClient business area. Before joining PGS in 2006, she held various technical and management positions in the geophysical industry with Geoteam AS and Veritas DGC Ltd. Prior to that she was employed by Norsk Hydro for 11 years, working within field development, exploration and geophysical operations. Ms. Osnes holds an M.Sc. in Geophysics from the Norwegian University of Science and Technology (1987). As of 31 March 2016, Ms. Osnes owns 6 043 shares in PGS.