John Fredriksen’s Golden Ocean Group has announced that it has appointed Birgitte Ringstad Vartdal as the new chief executive officer of Golden Ocean Management.
Vartdal has held the position as chief financial officer since June 2010. She will replace Herman Billung, who has been the company’s ceo since 2005.
Per Helberg has been appointed as the new chief financial officer. Heiberg has been with the company since July 2005, most recently as vice president of finance.
The company has also decided to establish a chief commercial officer role and is actively searching for the right candidate to fill this position.
“I want to thank Herman Billung for his contribution and dedicated work over the last 11 years, and wish him all the best for the future. I am also very pleased that Birgitte Vartdal is stepping up as ceo and Per Heiberg as cfo. With a modern fleet, good financial position and strong organization Golden Ocean is well positioned to benefit from a recovery in the dry bulk market,” said John Fredriksen, director of the board of Golden Ocean.