March 27, 2015 - Tore Sjursen will assume the position as executive vice president for operational improvement and risk management at Aker Solutions on April 1. Knut Sandvik will at the same time replace Sjursen as head of the company`s maintenance, modifications and operations business.

Sjursen will be based in Oslo and be responsible for the corporate center functions Enterprise Risk Management, Tendering and Corporate Risk Committee, Health, Safety and Environment, Quality and Performance and Operational Audit. He will also be responsible for developing and coordinating company-wide improvement agendas, monitoring business area improvement initiatives and reporting on progress to the board of directors.

"Tore is an industry veteran with a long track record at Aker Solutions," said Aker Solutions` Chief Executive Officer Luis Araujo. "His experience, drive and knowledge will be a huge asset as we strengthen our focus on operational excellence and quality improvements across the business. I`m very pleased that he has agreed to take on this critical new role."

Sjursen, who has headed the MMO business since October 2010, has been with Aker Solutions for 28 years. Sandvik comes from the position as senior vice president for major subsea projects. He has more than 25 years of experience from the offshore industry, including several years in engineering, procurement and construction project management as well as design and concept development. Sandvik will be based in Stavanger.

"Knut has extensive experience from operations in both our engineering and subsea businesses and has shown great skill in steering large, complex projects," said Araujo. "This will be of immense value in further developing the MMO business. I`m delighted that we`ve found someone of Knut`s caliber in our own ranks to lead this important area."

Sandvik and Sjursen will report to the CEO as members of the executive management team.

ENDS

For further information, please contact:

Media:
Bunny Nooryani, Chief Communications Officer, Aker Solutions. Tel: +47 67 59 42 71, Mob: +47 480 27 575, E-mail: bunny.nooryani@akersolutions.com

Anne Cecilie Lund-Andersen, Media Relations Manager, Aker Solutions. Tel: +47 22 94 74 52, Mob: +47 99 62 12 13, E-mail: anne.cecilie.lund-andersen@akersolutions.com

Investors:
David Phillips, Head of Industry & Investor Relations, Aker Solutions. Tel: +44 208 811 7111, Mob: +44 7788 338 887, E-mail: david.phillips@akersolutions.com

Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 67 51 30 39, Mob: +47 911 37 194, E-mail: lasse.torkildsen@akersolutions.com