Åge Remøy will step down as CEO of Oslo-listed Rem Offshore on May 1, and will be succeeded by Arild Myrvoll, the company’s current CFO.
Remøy is the company’s largest shareholder and told Norwegian press that he is retiring, but will take over as chairman of the company’s board.
“I have long thought about withdrawing. I am 65 years old and it may be time to take a secondary role,” Remøy told Sunnmørsposten.
Myrvoll has worked as CFO for the offshore service vessel operator since 2007 and has acted as Remøy’s deputy.
Rem Offshore today said it will begin the process of recruiting a new CFO “immediately”.
The Norwegian company has a fleet of 10 platform supply vessels, eight construction support vessels, an offshore construction vessel (OCV) and another OCV newbuilding, due for delivery in early 2017.