Kongsberg Maritime Appoints New Leader of Finance
;vard Siljan Hjukse who has taken over the role as EVP propulsion and handling for the company.Christian Bekkevold Nilsen has spent several years working both in Asia and in other European countries in addition to Norway. He has held leading finance positions in companies like Norconsult, Nord Pool and Alstom, and most recently as CFO in Quantafuel ASA. He holds a Master of Science degree in business from Nord University Business School in Norway.Lisa Edvardsen Haugan, president of Kongsberg Maritime, said, “Christian brings valuable experience and competence, and we are looking forward to bringing
AkzoNobel Names Poux-Guillaume as Next CEO
Vanlancker, who has been CEO and member of the board of management since 2017, and whose term of office is coming to an end.Poux-Guillaume, a French national, is an international business leader with 25 years of experience. Previous roles include CEO of Sulzer, CEO of GE Grid Solutions (previously Alstom Grid) and senior managing director of CVC Capital Partners.Poux-Guillaume's appointment to AkzoNobel’s board of management is subject to shareholder approval and will be on the agenda of an extraordinary general meeting to be scheduled in September this year, the company said
Roberts Joins BAR Technologies as COO
to BMW Rover, where as Chief Engineer he led the design and development of the TD5 engine – Land Rover’s last in-house developed diesel engine - before becoming Plant Director for BMW’s UK transmission and suspension manufacturing operations.Roberts then moved to rail transport firm, Alstom, where he became Managing Director, taking the Virgin Pendolino tilting train into production, one of the biggest capital management and asset financing projects for UK rail at that time.Roberts then moved into Formula 1, joining racing team, McLaren. During his time with the organization,
X1 Wind Expands Leadership Team
has a massive potential to contribute to this goal. Nevertheless, it still requires innovation to become a competitive technology and that’s what we strive for at X1 Wind. It is a pleasure to work with a technology that has such a tremendous potential, alongside a world-class team.”Former Alstom Power and GE Renewable Mechanical engineer Javier G. Cervilla said, “I am very excited to join the X1 Wind family. The team is forging a path as a world-leading floating wind developer, with a truly novel solution. I couldn’t resist this rare opportunity to help redefine floating wind
LR Announces Maritime Executive Leadership Appointments
, certification and verification services and evolve these to deliver on changing market expectations.McKeran joined LR as Commercial Director for the Marine and Offshore business two years ago, having spent more than two decades working in the marine, offshore and naval sectors for Cegelec, Alstom, Converteam and General Electric. He will expand LR’s performance management, fleet management and fleet optimization, combining LR’s domain technical expertise and digital products and services, a portfolio that includes Hanseaticsoft, SeaSafe and i4 Insight.Charlton, formerly Marketing
Kreuz Subsea Names Liew CFO
officer.Liew has more than 20 years’ experience in senior financial positions, leading multi-entity organizations in the Asia Pacific region and has been instrumental in driving growth and profitability through the implementation of key operating structures. His previous roles include VP Finance at ALSTOM Grid where he was CFO for ALSTOM’s EPC business in the Asia Pacific region. Prior to ALSTOM, Liew also held key finance and strategy positions with SONY Electronics Asia Pacific Pte Ltd, and SingTel Ltd.Liew’s appointment completes Kreuz Subsea’s leadership team. He is the company&rsquo
Siemens May Cut Jobs in Power Turbine Business Overhaul
could ultimately seek to tackle the large gas turbine business by striking a joint venture with a sizeable player, such as Mitsubishi Heavy Industries. Siemens has already taken steps to break up its lumbering conglomerate structure, including merging its rail business with that of French rival Alstom and the listing of its healthcare business planned for next year. According to Manager Magazin, management will present the restructuring plan for Power & Gas to labour representatives in early November. Siemens is due to publish fourth-quarter financial results on Nov. 9. Its rival General
France Approves of Siemens/Alstom Tie-up if Jobs Spared
France has nothing against a potential tie-up between German engineering group Siemens and Alstom if the deal does not bring job cuts, the French government's spokesman said on Friday. Earlier on Friday, Le Monde newspaper reported Siemens was in advanced talks to combine its rail activities with Alstom in a deal that could be announced on Sept. 26. "It is important that we can strengthen our industrial sectors ... in partnership with Germany," government spokesman Christophe Castaner told journalists in response to a question about the tie-up. "There is no concern on the
Reimelt Named Head of GE Power Conversion
, operating in 160 locations worldwide, with more than 7,000 employees. Under Mastrangelo’s leadership the backlog grew more than 70 percent in four years to reach $3.5 billion, being a crucial cornerstone for what will become a $13 billion Energy Management business when combined with Alstom Grid Solutions. The company has repeatedly established the next generation of technology in fields such as renewables, oil and gas and marine. Power Conversion is opening new avenues with tidal energy, while making wind and solar more competitive for our customers and seamlessly integrated
France Picks: GE is the One for Alstom
France chose General Electric to form an alliance with Alstom on Friday - rejecting an offer from Siemens and Mitsubishi Heavy Industries - but said the deal still needed some work and added it would buy a 20 percent stake in the hotly-contested company. Economy Minister Arnaud Montebourg said he had used a newly- created state decree to reject both of the existing offers as not being in France's strategic interest, and had formulated fresh demands to GE Chief Executive Jeff Immelt. The decision ended weeks of suspense surrounding one of Europe's fiercest industrial battles in years, but left
France Expects Better GE Offer For Alstom
France expects General Electric to boost its bid for Alstom's power unit in response to a potential joint offer from Siemens and Mitsubishi Heavy Industries, Finance Minister Michel Sapin said on Sunday. Siemens and Mitsubishi are putting the finishing touches on an offer for Alstom's turbine businesses, including a cash element of roughly 9 billion euros ($12.3 billion), according to sources close to the bidders. That compares with the U.S. conglomerate's existing offer of 12.4 billion euros ($16.9 billion) for all of Alstom's energy assets. "Mitsubishi forming an
GE CEO Immelt: Expects to Close Alstom Deal
General Electric Co Chief Executive Jeff Immelt said on Wednesday that GE is still going to "work constructively" with the French government on its bid for the power business of Alstom and that he expects the deal to close. GE has encountered resistance to its $16.9 billion proposal from the government, which has sought to encourage Germany's Siemens as a potential rival bidder. But Immelt told an investor conference on Wednesday that, "We wouldn't have started if we didn't think we could finish." "It's a deal that's executable. It's a deal we're experienced in. It's a
