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Katerra Appoints Paal Kibsgaard as Chief Operating Officer

Infra News - Published on Tue, 13 Aug 2019

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Technology Company redefining the construction industry Katerra announced that Paal Kibsgaard has joined as chief operating officer, a new position within Katerra. Kibsgaard was previously the chairman and CEO of Schlumberger Limited and served on Katerra’s Board of Directors for three years. He will report to Katerra’s co-founder and CEO, Michael Marks.

In his new role, Kibsgaard is responsible for Katerra’s US operations, including architecture, engineering, manufacturing, and construction. He will drive alignment across these groups to ensure operational excellence as Katerra delivers a growing number of projects in the US and expands its advanced manufacturing footprint. He will also be responsible for additional international expansion beyond the company’s current footprint in US, the Middle East, and India. Lastly, he will oversee the development of new construction technologies.

Before Katerra, Paal held a variety of global senior management positions at Schlumberger Limited including chairman and CEO; COO; president of the Reservoir Characterization Group; vice president of engineering, manufacturing and sustaining; and vice president of human resources. Earlier in his Schlumberger career, Paal was geomarket manager for the Caspian region after holding various field positions in sales and marketing, and customer support. A petroleum engineer with a master’s degree from the Norwegian Institute of Technology, Paal began his career in 1992 working for ExxonMobil. He was named best CEO in Oilfield Services and Equipment by Institutional Investor Magazine for four consecutive years from 2016 to 2019.

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Posted By : Mohan Sharma on Tue, 13 Aug 2019
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