Jesper Kragh Andresen to step down as CEO of Prosafe

After more than 6 years as CEO Mr Andresen informed the Board of Directors of his intention to step down as CEO. He will continue in his current role until his successor has been appointed. 
Mr Andresen says “It has been a privilege to be part of the Prosafe team through these years. My near-term focus is to ensure the optimal running of Prosafe and at the same time contribute to a smooth transition to provide the best possible starting point for my successor.”
Prosafe’s Chairman of the Board, Glen O. Rødland, said "The Board wishes to thank Jesper for his contribution to Prosafe and the close collaboration for more than 6 years. He managed the company safely through the downturn in the energy industry and subsequently a financial restructuring of Prosafe. The company is now moving into a new phase and is well positioned for an expected upturn in the market from 2024 and onwards.”
The company said its board has initiated a process to identify the next CEO of Prosafe and has engaged Russell Reynolds Associates in Oslo as an advisor in the recruitment process.