New Board Member in OHT

Last month OHT announced its entry into the offshore Wind Turbine Generator (WTG) installation sector, through the company’s wholly owned subsidiary VIND Offshore Installation AS.

Related to this, we are happy to have onboard Rune Magnus Lundetræ, founder of VIND Offshore Installation AS and its concept and business model. Mr. Lundetræ will serve in the position as Executive Board Member.

Mr. Lundetræ served as Deputy Chief Executive Officer and Chief Financial Officer of Borr Drilling Ltd. from December 2016 to December 2019. From August 2015 to December 2016, he was Managing Director and Head of Oil Services of DNB Markets, the investment banking subsidiary of DNB, Norway’s largest financial services group. From 2012 to June 2015, he served as Chief Financial Officer of Seadrill Ltd, the world’s largest offshore driller.

Lundetræ graduated as Certified Public Accountant (Statsautorisert Revisor) from Norwegian School of Management (NHH) in 2004. He also holds a M.Sc. in Management from London School of Economics and a B.A (Hons) in Finance from University of Newcastle (UK).

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