Welcome to Seagarden ASA - Board of Directors

Board of Directors | Largest Shareholders | Corporate Governance

BOARD OF DIRECTORS

The Board of Directors is responsible for the administering of the Company’s affairs and for ensuring that the Company's operations are organised in a satisfactory manner. The composition of the Board of Directors is in accordance with the recommendation in the Norwegian Code of Practice for Corporate Governance dated 21 October 2009.
The Company’s Articles of Association provide that the Board shall have now fewer than 3 members and no more than 7 members. In accordance with Norwegian law, the CEO and at least half the members of the Board must either be resident in Norway, or be citizens of and resident in an EU/EEA country. The majority of the members of the Board are elected by the General Meeting of shareholders. The Board is elected for a term of two years in accordance with the PLCA. Board members may be re-elected.

The Board of Seagarden has six members. The current Board of Directors is:
Jan-Emil Johannessen	Chairman of the Board (since Dec 2008)
Johnny Ballestad	Member of the Board (since Dec 2008)
Siv Gausdal Eriksen	Member of the Board (since June 2007)
Rune Fløgstad	Member of the Board
John Strøm	Member of the Board
Anne Hjelle	Member of the Board

Below is a short summary of the board members’ terms of office and experience:

Board Member	Resume
Jan-Emil Johannessen (52) Chairman of the Board	Mr. Johannessen has held the position as Chairman in Seagarden ASA since December 2008. Mr. Johannessen has a 25 year career within Norwegian food and seafood industry. He has previously been working with Toro Foods (Rieber & Søn AS) and in his own company within salmon farming and processing, Fossen AS (today Lerøy Fossen AS). Mr. Johannessen is today self-employed and is involved with a few companies within the seafood business as investor and board member. Mr. Johannessen is an investor in Seagarden ASA through the company Jawendel AS. Mr. Johannessen holds a Master of Science in Economics and Business Administration from the Norwegian School of Economics and Business Administration (NHH) in Bergen.
Johnny Ballestad (37) Board member	Mr. Ballestad has held the position as board member in Seagarden ASA since December 2009. Mr. Ballestad has 10 years experience from investments in Private Equity and Venture companies acting as CFO for Glastad Holding, and today holds several positions for the Glastad family in different companies. Mr. Ballestad holds a Master of Science in Economics and Business Administration from HiA, and Certified European Financial Analyst (CEFA) from the Norwegian School of Economics and Business Administration (NHH) in Bergen.
Siv Gausdal Eriksen (50) Board member	Mrs. Eriksen has been member of the Board since June 2008. Mrs. Eriksen is a pharmacist (cand.pharm.) with experience as an employed pharmacist, owner of pharmacies and now as Regional Manager of Apokjeden, the biggest pharmacy chain in Norway. She has participated in the work of launching and converting this pharmacy chain from independent pharmacies.
John Strøm (47) Board member	Ms. Storebø has held the position as Financial Manager in Austevoll municipality since August 2009. Ms. Storebø has a 22 year career within Norwegian seafood and international shipping and petroleum industry. Her previous experience includes Group Chief Accountants of DOF ASA, CEO in Møgster Management AS and Group Controller for Laco AS. Ms. Storebø has experience to prepare companies to be noted on Oslo Stock Exchange (DOF and Austevoll Seafood) and the IFRS standards. Ms. Storebø has no investor interests in Seagarden ASA .
Rune Fløgstad (48) Board member
Anne Hjelle (42) Board member