Magseis recruits new CFO and SVP Sales

Magseis, a Norwegian geophysical company, has filled the chief financial officer and SVP Sales & Marketing positions. 

The company said on Tuesday that Tom Henrik Sundby has accepted the position as CFO and will join Magseis in April 2018.

According to the company, Sundby has more than 25 years’ experience in finance and management roles most recently as Finance Director of BerGenBio ASA.

Previously, he was based in Dubai, UAE, where he held the position as CFO of Polarcus for eight years. He has otherwise held various financial and management positions within KPMG and TINE.

Magseis has also recruited a SVP Sales & Marketing who will join the company in April 2018 at which time his name will be announced. The successful candidate has 15 years of seismic industry experience, primarily in sales & marketing with the last 10 years being in multi-client sales.

Magseis also added Eivind Frømyr to its  geoscience team. Frømyr has more than 30 years of experience in the oilfield service industry and joined Magseis in February 2018. His experience ranges from geophysical processing and development to wireline services and management. He was also a Cofounder of Read Well Services.

Frømyr joined PGS to start up the PGS Reservoir Services Group as Technical Manager and became VP for Geophysical Technology, Reservoir Services. He held various positions in PGS Marine Geophysical both in Europe and North America. Before joining Magseis he was Chief Geophysicist for PGS Marine Geophysical Contract division.

Per Christian Grytnes, Magseis acting CEO, commented: “We are delighted to attract strong professional candidates to Magseis. We welcome the new team members into one of Norway’s most exciting and innovative companies within oilfield services and to take part in our ambitious growth plans.”

It is worth reminding that Grytnes was named as Magseis interim CEO in December 2017, following the resignation of the company’s chief executive Idar Horstad.