Management & board

Gunnar joined Vow ASA as Chief Executive Officer in May 2025, bringing with him more than two decades of leadership experience from the maritime and industrial sectors.

Prior to joining Vow, he held several senior roles within the Kongsberg Group, where he worked since 2002. Most recently, he served as Executive Vice President, Automation & Control at Kongsberg Maritime. His previous roles also include Executive Vice President, Technology at Kongsberg Maritime and Senior Vice President, Software and Services at Kongsberg Oil & Gas Technologies and Kongsberg Digital.

Cecilie brings extensive financial leadership experience from a range of industries. She joined Vow from Spir Group ASA, where she served as Group CFO & IR and was instrumental in advancing key strategic initiatives.

Prior to this, she spent seven years as CFO & IR at Self Storage Group ASA, where she was responsible for financial operations and corporate development. Earlier in her career, she held senior finance roles at Color Line AS and Posten Norge. Ms. Hekneby holds a degree as Siviløkonom from the Norwegian School of Economics (NHH).

Per has a more than 15 years research and development experience of thermal conversion process including combustion, gasification, pyrolysis, and torrefaction.

In the CTO role he oversees, coordinates, and approves the R&D activities in all Vow group of companies. Per holds a MSc in mechanical engineering and a PhD in energy engineering and has previously worked as researcher, senior business developer and research manager. He joined the Vow group in August 2021.

As Chief of staff, Malena is responsible for all HR, culture, and marketing related activities in the Vow Group. An additional focus of the role is to oversee group-wide strategic business initiatives from development to successful implementation.

Malena has a Master of Arts in Management and Entrepreneurship from Leuphana University in Lüneburg, Germany. As Chief of staff, Malena is supporting the executive management by helping to maximize the efficiency of the EMB and the group management team. The main focus of the role is to oversee group-wide strategic business initiatives from development to successful implementation.

Ivar has extensive project management experience from the oil and gas, maritime and industrial sectors.

He spent 11 years at National Oilwell Varco in key project management roles before joining Vow in 2017. At Vow, he has served as VP Project Operations, leading a wide range of projects across the company’s maritime portfolio and, more recently, within the industrial segment.

Through these roles, he has gained solid experience in complex project execution, operational leadership and customer delivery across diverse markets. In 2025, he was appointed Interim COO, with responsibility for project execution and operational activities.

John Ivar Johannessen was appointed Project SVP – Landbased Development in September 2025. In this temporary role, he has overall responsibility for two of our largest landbased projects. He brings a strong technical background from the maritime industry, combined with nearly two decades of commercial and leadership experience.

John Ivar first worked at Vow (then Scanship) as a Process Engineer from 2005 to 2008, before spending 14 years at Alfa Laval in a variety of commercial and management positions. He returned to Vow in 2022 as Vice President Sales, Circular Solutions, prior to taking on his current assignment.

Thomas F. Borgen brings extensive experience from international capital markets and strategy management, including as CEO of Danske Bank and senior advisor with Bain & Company.

Experience: Thomas F. Borgen brings extensive experience from international capital markets and strategy management, including as CEO of Danske Bank and senior advisor with Bain & Company. He has also worked for Chemical Bank (now JP Morgan) and Nordlandsbanken (now DNB). Thomas F. Borgen is presently senior advisor with Bain & Company, a global consultancy, and at Reiten & Co., a private equity company in the Nordic region. Education: MBA from Syracus University (1989) and bachelor’s degree in Business Administration and management from Heriot-Watt University (1987). Current directorships: Chair of Kongsberg Digital. Board member of Wilh. Wilhelmsen Holding ASA. Independent: Yes. Current election period: Elected as chair on 19 November 2024. Board member since 23 May 2024. Number of shares in Vow ASA: Thomas F. Borgen and close associates owns or controls 776,291 shares.

Mr. Haugsdal has a long experience from international industries within ABB and the Kongsberg Group ASA.

Haugsdal joined Kongsberg in 1985 and then again in 1996 after having served nine years with ABB. Since then, he has had several leading roles in Kongsberg, including head of business development in the Kongsberg group, and head of Kongsberg Oil & Gas Technologies, and Kongsberg Protech Systems respectively. During his tenure as President of Kongsberg Maritime, this company grew from NOK 8.6 to NOK 19 billion in revenues, and successfully acquired and integrated Rolls-Royce Commercial Marine. Mr. Haugsdal has a bachelor’s degree in mechanical engineering from Gjøvik University College (HiG). Current directorships: Chair of Veidekke ASA, Board member of Kystdesign AS. Independent: Yes. Current election period: Elected as board member on 19 November 2024. Board member since 22 May 2023. Board member since 22 May 2023. Number of shares in Vow ASA: 93.636 shares.

Kristin Herder Kaggerud brings leadership experience from initiating and driving operational excellence, strategy processes and transformation programs.

Experience: She is currently SVP Operational Excellence at Yara Global Plants and has held various VP positions in Aker Solutions, a management consultant position in Boston Consulting Group as well as other research positions. Mrs. Kaggerud holds a PhD in Energy and Process Engineering from the Norwegian University of Science and Technology and Chalmers University of Technology and a master’s degree in chemical engineering from the Norwegian University of Science and Technology. Mrs. Kaggerud has experience as member of the executive committee for Yara Clean Ammonia and as a deputy board member on the board of the Norwegian University of Science and Technology Independent: Yes. Current election period: Elected as board member on 19 November 2024. Number of shares in Vow ASA: 0

Elin Steinsland has experience and a skillset that includes technology management, industrialization, driving change processes, creating business cases, and managing people across different locations and countries.

Experience: She is currently CEO of Hydepoint AS and have operational experience from amongst others SINTEF, TietoEvry, Emerson/Roxar, And Moreld Apply in various positions as Head of Technology, VP Engineering and development and Manager. Mrs Steinsland holds a master’s degree in physics from NTNU and a Ph.D. in Silicon Sensor Technology from UiO. Mrs Steinsland have board experience from Innovar Solutions AS, Torsion Tool Company AS and Roxar AS. Independent: Yes. Current election period: Elected as board member on 19 November 2024. Number of shares in Vow ASA: 0.

Mrs. Tallaksen brings experience in investment strategies across all sectors, with a focus on driving value for portfolio companies, having served as partner at Altor Equity Partners.

Experience: Prior to joining Altor, she worked at Morgan Stanley in London. Mrs. Tallaksen holds a master’s degree in business with a major in finance from BI Norwegian School of Management, and also pursued studies in Information Technology and Mathematics at the University of Oslo. Current directorships: Board Member Sats ASA, Board member of Scatec ASA, Board Member of Hafslund AS, Board Member of Faun Gruppen AS. Independent: Yes. Current election period: Elected as board member on 19 November 2024. Number of shares in Vow ASA: 0