Geir Karlsen has been appointed new CEO of Norwegian Air Shuttle ASA (Norwegian) effective June 21, 2021. He succeeds Jacob Schram.
The Board of Norwegian voted on June 20 to end the CEO tenure of Jacob Schram. Schram’s employment contract, signed in 2019, entitles him to nine months’ notice. He will support the Board on a full-time basis during his notice period up to March 31, 2022.
“I am pleased to announce that Geir Karlsen on request of the Board has accepted the job as CEO of Norwegian. Karlsen has successfully led the financial reconstruction of Norwegian and has the competencies, focus, trust and dedication that makes him the best choice as CEO of Norwegian,” said Svein Harald Øygard, chairperson of Norwegian’s Board of Directors.
Karlsen has held the position of Chief Financial Officer (CFO) since April 2018. From July 2019 to December 2019, he was Acting Chief Executive Officer (CEO) of Norwegian. He has extensive experience from listed companies within shipping and offshore sectors.
