Ashtead Technology appoints new Non-Executive Director

25/03/2025

Ashtead Technology Holdings plc, a leading global provider of subsea technology and solutions to the offshore energy market, has announced the appointment of Kristin Færøvik as Non-Executive Director, effective immediately.

Kristin brings more than 30 years’ experience in the global energy sector, including executive roles with BP, Marathon Oil, Worley and Lundin Energy. Starting her non-executive director career in 2011, Kristin currently serves on a number of boards including Kongsberg Group and Shearwater GeoServices.

In addition to joining the Board, Kristin will also join the Audit, Remuneration and Nomination Committees.

Commenting on her appointment, Kristin said: “I am delighted to have the opportunity to join the Board of Ashtead Technology, a company that has enjoyed incredible success over recent years. With an excellent customer base, clear ambitions and robust strategy, I am convinced that the future trajectory of the company will be just as impressive.”

Bill Shannon, Chairman, added: “The appointment of Kristin to our Board is another positive step forward in our journey at Ashtead Technology. Kristin’s extensive experience in the international energy sector combined with her proven non-executive track record will make her an excellent addition to our Board. Ashtead Technology’s growth journey continues to be extremely exciting and the addition of leaders like Kristin adds to our confidence for the future.”

www.ashtead-technology.com