Board of directors

Stellar competence, vast experience and positive mindsets – that’s what you’ll find at our helm.

Harald Espedal (born 1972)
Chairman of the board

Harald Espedal is a graduate from The Norwegian School of Economics (NHH) in economics with additional studies in auditing. Today he is the Chairman of Lyse AS, Sandnes Sparebank, Espedal & CO AS, Deputy Chair in Stavanger Concert Hall, and Board member in Aspelin Ramm and The Norwegian School of Economics.

Espedal has a long career within the finance and investment industry including as CEO and Investment Director for SKAGEN and Investment Director for Vesta.

Shares in Solstad Offshore ASA: 656 687

Frank O. Reite (born 1970)
Board member

Frank O. Reite first joined Aker in 1995 and was CFO in Aker ASA from August 2015 until August 2019. He came from the position of President & CEO of Akastor and has previously held a variety of executive positions in the Aker group, including overseeing and developing Aker’s investments in Converto Capital Fund AS, Havfisk AS, Norway Seafoods AS and Aker Yards ASA. Frank O. Reite has experience from banking and has served as Director in Paine & Partners. Frank O. Reite holds a B.A. in business administration from Handelshøyskolen BI in Oslo.

Shares in Solstad Offshore ASA: 0

Ellen Solstad (born 1974)
Board member

Mrs. Solstad holds a bachelor’s degree from BI. She has previous work experience from R.G Hagland AS and Solstad Offshore UK Ltd. Mrs. Solstad is currently Chairman of Solstad Family Office and a board member of Wilson ASA, Solvang ASA and Karmsund Interkommunale Havnevesen IKS.

Shares in Solstad Offshore ASA: 0

Thorhild Widvey (born 1956)
Board member

Thorhild Widvey has held various positions in the Norwegian Minister departments from 2002 to 2015. Prior to this she was a Member of Parliament (Stortinget) from 1989 to 1997, representing Høyre (the Conservative Party of Norway). Ms Widvey is chair of the Board in Statkraft AS; and has previous held a number of board positions both in privately held and stock listed companies. She was a board member of Kværner ASA (2016-2020) and continued as member of the board of Aker Solutions after the merger with Kværner (2020-).

Shares in Solstad Offshore ASA: 0

Ingrid Kylstad (born 1985)
Board member

Ingrid Kylstad is Sustainability Lead in ZeroLab by Torvald Klaveness. Before joining Klaveness in 2021, Kylstad was COO in Katapult Ocean, a seed stage investor within ocean technology. Prior to that she worked for the Norwegian Shipowners Association and spent several years in Brussels working on policy and regulatory issues. 

Kylstad holds an MSc in European Studies from London School of Economics and Political Science and a BSc in Liberal Arts from Maastricht University. She has also completed a management program at the Solvay Brussels School of Economics and Management.

Shares in Solstad Offshore ASA: 0

Peder Sortland (born 1963)
Board member

Peder Sortland, currently the CEO North Sea Infrastructure AS (NSI), has almost 30 years’ experience from the oil & gas industry. Prior to NSI, Sortland held roles as the CEO of Global Maritime Group, Apply Group and Ross Offshore/Subsea Technology Group and as Regional Vice President for Subsea 7 in Norway. Sortland spent 18 years in Equinor up to Senior Vice President level, predominantly in areas of business development, commercial negotiations and strategy work. Sortland has a business education on MBA level from University of Wyoming and is a Fullbright Scholar.

Shares in Solstad Offshore ASA: 0