Geir Johan Bakke and the board have agreed to terminate the employment relationship, the company said in its release.
Geir Johan Bakke has been employed in Havyard Group since 2001, and he has been CEO since 2004. Geir Johan Bakke has been central to the development of the company. From being a standalone shipyard, under Geir Johan Bakke's leadership Havyard has developed into a fully integrated shipbuilding group with design, shipyards and equipment production, as well as with almost 600 permanent employees and an order book of over NOK 4300 million.
Geir Johan Bakke has been working for Havyard for over 18 years, and the last 15 years he served as top leader of the group.
The parties have agreed not to comment further on the matter. The Board of Havyard Group has appointed Gunnar Larsen as interim CEO. He will immediately begin the work of recruiting a permanent CEO.
Gunnar Larsen comes from the position of General Manager of the Havyard Production & Service business area, he is Senior Vice President of Market & Business Development in Havyard Group and has been with Havyard for 12 years.