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Wallenius Wilhelmsen

Board/Management Information Dec 16, 2016

3787_iss_2016-12-16_d2e67ec0-5e21-44a2-9ce1-90133341854a.html

Board/Management Information

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Rebekka Glasser Herlofsen joins Wallenius Wilhelmsen Logistics ASA

Rebekka Glasser Herlofsen joins Wallenius Wilhelmsen Logistics ASA

With reference to the declared merger of Wilhelmsen

and Wallenius as announced in a Letter of Intent dated

5 September 2016, Ms Rebekka Glasser Herlofsen is

hired as CFO in Wallenius Wilhelmsen Logistics ASA.

She will take up the new position only once the final

approvals for creating the new company have been

received.

Ms Herlofsen comes from the position as CFO at Torvald

Klaveness. Her previous experience includes ten years

with Bergesen d.y. ASA, later BW Gas ASA including the

position as director of business development, four

years within corporate finance at Enskilda Securities

and more than 15 years of experience as board member

on various boards, including DNVGL, Statoil ASA,

Torvald Klaveness and more. Mr Herlofsen holds a

master of science from the Norwegian School of

Economics (NHH).

"Establishing the new entity, realising expected

synergies and creating a sustainable provider of

shipping and logistics services require a vigilant,

agile and visionary management," says Craig Jasienski,

CEO in WWL ASA, about the first announcement of the

new executive team.

"We are very pleased to have Rebekka join us once WWL

ASA is established. She has a strong financial and

investment banking background coupled with solid

experience in operative businesses. Her board roles

have provided valuable insight to different industries

and our new company will combine ship ownership and

global operations in multiple shipping and land-based

entities. We believe Rebekka has the perfect

combination of experience and skills needed to drive

performance across the group and manage relations with

our investors."

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