Swedish marine energy company Minesto has expanded its executive team with new members and updated roles, appointing Gustav Kvibling as its new chief financial officer (CFO).
Minesto ’s long-term serving CFO, Fredrik Ahlström , will leave Minesto to pursue career opportunities.
The company has externally recruited Gustav Kvibling as the new CFO. Kvibling brings extensive experience from finance, IR and business development in high tech development companies.
“Fredrik has played a key role in the company’s development journey, and I want to sincerely thank him for significant contribution to Minesto. He is a highly appreciated colleague.
“I am pleased to announce the appointment of Gustav Kvibling as our new CFO. We warmly welcome him on board at this exiting time of scale-up and commercial development,” said Martin Edlund , CEO of Minesto.
David Collier , Minesto’s experienced and long-term serving chief operations officer (COO) will move into a more commercially oriented role as chief strategy officer, focusing on large-scale commercial site development with international partners and other key aspects of strategic business development.
Johannes Hüffmeier has been internally appointed into the role of the new COO. Hüffmeier has a background in shipping and offshore renewables, as well as offshore wind at ABB.
“Johannes’ unique experience from managing the development, installation and commissioning of the grid-connected Dragon 4 in Vestmanna makes him well qualified to take on the role of managing operations for the whole company,” said Edlund.
Hans Lindström has been appointed as chief supply chain officer (CSCO), and Cecilia Sernhage as chief communications officer (CCO), with both roles now added to the executive team.
Bernt Erik Westre , CTO, will maintain in his role, focusing on efficient array system design, product robustness and Dragon system customization to satisfy customer and local site requirements.
“We have expanded the executive team from four to seven members. It strengthens our ability to engage in large-scale project-based sales whilst continuing in product development and project execution. It is my privilege to welcome new and newly promoted colleagues into the executive team of Minesto,” Edlund concluded.