TTS Group ASA : Toril Eidesvik new CEO of TTS Group ASA

The Board of Directors of TTS Group ASA has appointed Toril Eidesvik (48) as new CEO of the company with effect from 24 April 2016. She follows Björn Andersson (69) and resigns as Director of the Board of TTS Group ASA.

Toril Eidesvik has previously been CEO of Green Reefers ASA and EMS Seven Seas ASA. She has been a member of the Board of Directors of TTS Group ASA since 2013 and has extensive board experience from several companies within the shipping and offshore industry. Eidesvik has a law degree from the University of Oslo and has previously worked as a lawyer.

Björn Andersson has been CEO of TTS Group ASA since November 2013. He will continue to work for TTS focusing on the development of the company's operations in Asia.

 - The Board of Directors of TTS Group ASA is pleased that Toril Eidesvik has accepted the offer to become CEO. We look forward to close cooperation with Toril. We are confident that Eidesvik will contribute to make TTS an even stronger supplier of equipment to the maritime industries globally, says Chairman of the Board, Trym Skeie.

- We also want to express our gratitude to Björn Andersson for his contribution to the development and implementation of TTS' strategy. The strategy has given the company a new structure and improved our operational execution, says Skeie.

Bergen, 25 April 2016


Tel.: +47 55 94 74 00 / Fax: +47 55 94 74 01


Trym Skeie
Chairman of the Board
M: + 47 915 19 207

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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Source: TTS Group ASA via GlobeNewswire