Executive management team

Karl-Petter Løken

President & CEO

Karl-Petter Løken joined Kvaerner in May 2018. He comes from the position as head of project development for Lundin Norway. From 2011 to 2015 Mr Løken held the position as engineering manager for Lundin Norway’s Edvard Grieg field development. Before that, Mr Løken has held key positions in the oil and gas industry for Statoil, Norsk Hydro and Aker Solutions. Mr Løken holds a M.Sc. in chemical engineering from the Norwegian University of Science and Technology (NTNU). He holds 5 570 shares in Kværner ASA. Mr Løken is a Norwegian citizen.

Idar Eikrem

Executive Vice President & Chief Financial Officer

Idar Eikrem, joined Kvaerner in April 2016. He has comprehensive experience from a variety of top management positions, including financial management and turn-around processes. He was until 2014 executive vice president and CFO for the leading contracting group Aibel, and has also held management positions overseas for the same company. Mr Eikrem’s former experience also includes the position as CFO for the Canadian company Synenco Energy and he worked 15 years for Norsk Hydro where he held several positions in financial management in Norway and Singapore and he was also Head of Investor Relations. He holds a M.Sc. in economics and business administration from the Norwegian School of Economics and Business Administration in Bergen, Norway and is state-authorized public accountant. He holds 8 881 shares in Kværner ASA. Mr Eikrem is a Norwegian citizen.

Henrik Inadomi

Senior Vice President Corporate Support & General Counsel

Henrik Inadomi is responsible for Kvaerner’s legal & compliance and shared services departments, and supports ongoing tenders and projects, selected business development processes and other strategic tasks. Dr Inadomi in joined Kvaerner in 2012 after holding the position as general counsel and company secretary in Qatar Aluminium Limited, a position he held since 2010. Previously Dr Inadomi worked as legal counsel in Norsk Hydro ASA. Prior to this he worked as a research fellow at the section for petroleum and energy law at the University of Oslo, and his PhD thesis “Independent power projects in developing countries – Legal investment protection and consequences for development” was later published as a book. He graduated from the University of Oslo in 2001 and he also holds a LL.M. in international economic and business law from the Kyushu University, Japan. Dr Inadomi has also published several academic articles, mainly on energy law. He holds 212 087 shares in Kværner ASA. Dr Inadomi is a Norwegian citizen.

Steinar Røgenes

Executive vice president EPCI

Steinar RøgenesSteinar Røgenes comes from the position as senior vice president in Aker Solutions’ business area for maintenance, modifications and operations (MMO) where he has headed the regional office in Bergen. Mr Røgenes has been with the Aker group for more than 25 years and held several management positions, including vice president finance for Kvaerner at Stord from 2005 to 2010 and business manager for the topside projects Kristin, Valhall and Snorre B from 2000 to 2005. Mr Røgenes holds a B.sc from the Brigham Young University in Utah. He holds 175 091 share in Kværner ASA. Mr Røgenes is a Norwegian citizen

Sturla Magnus

Executive vice president Process & Structures

Sturla Magnus joined Kvaerner in March 2017. He comes from the position as regional business stream director in Skanska Norway. From 2011 to 2014 Mr Magnus was project director and branch manager for the Kashagan Hook-up project; responsible for Kvaerner activities and personnel in Kazakhstan. Mr Magnus has more than 20 years of experience from construction projects and management in the international oil & gas-, and the construction industry in Skanska, Aker Solutions, Kvaerner, Aker Marine Contractors and AF Gruppen. He holds a M.Sc in engineering from the Norwegian University of Life Sciences. He holds 32 173 shares in Kværner ASA. Mr Magnus is a Norwegian citizen.

Guro Høyaas Løken

Executive Vice President FPSOs

Guro Høyaas Løken started with Kvaerner in 2017 as Senior Vice President Decommissioning & Marine operations. She has more than 20 years of experience from deepwater platform and mooring design, marine operations and management in the international oil & gas industry in EMAS Chiyoda Subsea, Technip, Aker Marine Contractors and Aker Engineering. Since she started with Kvaerner, she has been overseeing a number of successful projects and secured several new, key contracts. Ms Løken holds an MSc in Naval Architecture and Marine Technology from NTNU.  Guro Høyaas Løken holds 3 899 shares in Kværner ASA, and she is a Norwegian citizen.

Kenneth Simonsen

Executive Vice President Renewables

Kenneth Simonsen joined Aker Solutions in 2004 and has been with Kvaerner since the demerger and listing in 2011. He comes from the position as Senior Vice President and head of strategy and M&A. Prior to entering the energy industry, Mr. Simonsen worked several years in management consulting firms Arthur. D. Little and Booz & Co. Mr Simonsen holds a M.Sc. in industrial economics from the Norwegian University of Science and Technology (NTNU).  Kenneth Simonsen holds 72 773 shares in Kværner ASA, and he is a Norwegian citizen.  

Arnt Knudsen

Senior vice president Business Development

Arnt KnudsenArnt Knudsen joined Norwegian Contractors in 1985, which later became part of the Aker Group of companies. Before that he worked in Canada for Swan Wooster. Mr Knudsen has more than 30 years of experience from the oil & gas industry, including management positions in some of the largest and most complex concrete platform projects, such as Troll A and the Adriatic LNG terminal. He has also held other management positions in various parts of the Aker and Kvaerner group of companies as well as extensive international experience. Mr Knudsen holds a M.Sc from Imperial College in London in concrete structures and has also completed the corporate finance program at London Business School. He holds 118 657 shares in Kværner ASA. Mr Knudsen is a Norwegian citizen.