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Oslo, 1 April 2008: Ole Heggheim has been appointed as new Chief Financial Officer (CFO) and Executive Vice President for Aker Yards ASA, succeeding Leif Borge.

Heggheim has previously been Executive Vice President for business development in Aker Yards ASA. Heggheim has since March 1 also been constituted as Managing Director for Aker Yards ASA while a new President and CEO for the Group is being recruited after Yrjö Julin's resignation.
"I am very pleased that Ole Heggheim will take up the position has CFO. The appointment combines continuity and renewal, as he will bring a combined financial and business strategy expertise into this role. This will further strengthen the Group management's ability to deliver results from the operations and also leverage new business opportunities", says Svein Sivertsen, Chairman of the Board and acting CEO for Aker Yards.
Ole Heggheim has a strong experience from senior management positions. Since 2004, he has been part of the top management team in Aker Yards, and also a director at the board of all the Group's main subsidiaries. His role has included corporate financing, mergers and acquisitions, including the successful acquisition and integration of new yards in the Group. He has previously been Vice President of Corporate Finance in both Aker Kvaerner ASA and PGS ASA, and has also worked as a market analyst in the USA.
Ole Heggheim is educated as a Master of Business Administration at the University of Texas. He also holds a Bachelor degree in Informatics and Administration and has studied Politics and Organisation Science at the University of Bergen, Norway. 
"I am excited about the opportunities with this job and with this Group. The four years in my current position has been inspiring, and the Group has developed tremendously during that time. I am looking forward to further develop our relations with business partners and all the various parts of our organisation in my new role", says Ole Heggheim.
For further information, please contact:
Aker Yards ASA
Torbjørn Andersen
SVP Corporate Communication and IR
Tel: +47 92 88 55 42
Aker Yards ASA ( is an international shipbuilding group focusing on sophisticated vessels. The group has a strong position both in terms of innovation, product range, technology, experience and capacity. The product range includes cruise vessels & ferries, merchant vessels and offshore & specialized vessels. Aker Yards comprises 18 yards in Brazil, Finland, France, Germany, Norway, Romania, Ukraine and Vietnam. Aker Yards has approximately 21,000 employees.

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