Ulstein Group appoints new CEO

Previously Ulstein’s chief financial officer, Cathrine replaces Gunvor Ulstein who has been in post for almost 22 years.

“Stepping down as CEO does not reduce my dedication to Ulstein Group,” said Gunvor Ulstein. “Through my positions as chair of the board of Ulsmo [Ulstein Group’s majority owner] and board member of several Ulstein companies, I will continue my engagement to ensure a viable future for the group,” she added.

Guvnor continued, “Ulstein is a family owned company. With my decision to step down from the operational role, I will be able to, through my role as chair of Ulsmo and together with the chair of the board of Ulstein Group, Tore Ulstein, concentrate on the more long-term and strategic opportunities for the group and the maritime industry.”

Tore Ulstein stepped down from his operational positions in Ulstein on 1 September 2020 to concentrate on the long-term strategic possibilities for the group together with Gunvor Ulstein.

“Gunvor is known as a skilled and vigorous CEO, and as chair of the board I would like to thank her for her great commitment through many years, in Ulstein Group and also outside the company,” said Tore Ulstein. “I look forward to our further collaboration on the development of Ulstein Group,” he added.