Vard selects new CEO

2024-04-14T13:36:48+00:00 April 14th, 2024|Appointments|

Fincantieri subsidiary, Vard Group has chosen Cathrine Kristiseter Marti to be the new CEO, starting 1st June, 2024.

The current CEO, Alberto Maestrini will remain in his position as Chairman of the Board and will continue to lead the Offshore and Special Vessels business in Fincantieri, which VARD is part of and through this continue to support Vard’s integration in the Fincantieri Group

The appointment of the new CEO is part of a long-term strategy to strengthen Vard as the leading world player in offshore and specialised vessels and a key business pillar within the Fincantieri Group.

Vard Group considered that Marti, a CEO with a strong link to the Norwegian business community and with solid international shipbuilding experience, has the necessary skills to ensure continuity of performance and at the same time providing a boost for further growth.

“I am honoured and proud to take over the responsibility as CEO and I am confident, that together with the competent and engaged colleagues in Vard, we will continue to grow as a trusted player in the shipbuilding industry and create long term value for the shareholder,” she said.

Marti was CEO of Ulstein Group and has extensive industry experience from 25 years within maritime related industries.

“After some difficult years, Vard Group has finally reached a sound business position. Now, I am very happy to give the helm to Cathrine for the next phase of the journey, which I am sure will bring an even brighter future to VARD and Fincantieri,” added Maestrini.