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Thursday, June 25, 2009

SFL - Appointment of Chief Executive Officer


Wednesday, 24 June 2009

Ship Finance International Limited has employed Ole B. Hjertaker as the new Chief Executive Officer ("CEO") of its management company. He is currently serving as Chief Financial Officer ("CFO") of the Company, and will assume his new role with effect from July 1, 2009. Mr. Hjertaker has been in his current capacity with the Company since 2006. His prior experience includes 12 years as a corporate and investment banker, mainly within the Maritime/Transportation industries, and he holds a Master of Science degree from the Norwegian School of Economics and Business Administration.
Chairman in Ship Finance, Mr. Hans Petter Aas said in a comment: "We are very pleased to announce that Mr. Hjertaker has been appointed CEO for Ship Finance. He has, during the three year period as CFO, demonstrated a strong ability to identify and develop new business opportunities for the Company. Mr. Hjertaker has also taken an active part in developing a very competent management team to run Ship Finance, and we believe the Company is very well positioned with a substantial asset base and strong capital structure."

Source: Ship Finance International