Haugesund, 27 August 2025 - Reach Subsea ASA announces that Birgitte Wendelbo
Johansen has resigned as CFO as she will assume a new position with another
company.
Birgitte Johansen has been with Reach Subsea and held the position as CFO for 13
years.
"Birgitte has done an excellent job as CFO of Reach Subsea and I would like to
express my gratitude for her dedication from the company's modest beginning with
a handful employees, to its current position with more than 500 employees and
annual revenues approaching NOK 3 billion", says Jostein Alendal, CEO of Reach
Subsea.
"Reach Subsea has a strong position and an exciting future ahead of it. It's
time for me to pursue new opportunities. I will do my utmost to ensure a smooth
handover and will continue to cheer from the sidelines", says Birgitte Wendelbo
Johansen, CFO of Reach Subsea.
Reach Subsea further announces that Wendelbo Johansen's replacement is
confirmed.
Arne Joa will assume the role as Reach Subsea's CFO starting 01 September 2025,
providing ample time for a thorough handover process. Joa holds a Master of
Science in Economics and Business Administration (siviløkonom) from
Handelshøyskolen BI. He has extensive experience in finance, banking and
offshore industries, with roles including Investment Director, and most
recently, CEO of K. LUND Offshore AS.
"We are looking forward to welcome Arne to join us and to take part in shaping
Reach Subsea's next era", says Jostein Alendal, CEO of Reach Subsea.
-ENDS-
For more information please contact:
Birgitte Wendelbo Johansen
Chief Financial Officer
Reach Subsea ASA
bwj@reachsubsea.no
About Reach Subsea
Reach Subsea delivers its services through a versatile fleet of vessels,
including survey, IMR, construction support, and remote vessels. Our teams
operate worldwide, providing inspection, maintenance, construction support,
survey and data services across multiple industries, supporting clients
throughout every stage of their project lifecycles. Our offshore teams are
powered by advanced ROV technology and backed by onshore engineering expertise,
turning complex ocean challenges into reliable solutions. With over 500 skilled
professionals and offices in Norway, Sweden, the UK, the US, Brazil, Trinidad,
Australia, and Singapore, our vision-'Sustainable access to ocean space'-drives
safe, innovative, and sustainable subsea operations.
This information is considered to be inside information pursuant to the EU
Market Abuse Regulation (MAR) and is subject to the disclosure requirements
pursuant to MAR article 17 and Section 5-12 the Norwegian Securities Trading
Act. This stock exchange announcement was published by Jorunn Håvardsholm,
Communications and Marketing Director at Reach Subsea AS on the time and date
provided.