STAVANGER, Norway— Following the announcement that Jesper Kragh Andresen will step down as CEO, the board has decided to accelerate the leadership transition and to appoint Reese McNeel, the current CFO, to interim CEO and CFO, effective immediately and until a permanent replacement is selected.
McNeel shall continue to support the company as a strategic adviser to the board and executive team in a transition period.
Chairman Glen Rødland said, "The board is pleased that Reese has accepted to be the interim CEO. Reese has already demonstrated his strong leadership and dedication to Prosafe as CFO since August 2022. Reese brings with him industry and CEO level experience from Sevan Marine ASA, Atlantica Tender Drilling Ltd. and AlixPartners.
