Board of Directors

The Company has a Board of four Directors. Members of the Company's management are not members of the Board, but the company's management does attend Board meetings.

Kristian Siem (born 1949), Chairman

Mr. Siem is the Chairman of Siem Industries Inc., Subsea 7 SA, Siem Shipping Inc., Siem Offshore Inc. and is a Director of Frupor S.A., Portugal. Mr Siem is a Norwegian citizen.


John C. Wallace (born 1938), Board member

John C. Wallace is a Chartered Accountant having qualified with PricewaterhouseCoopers in Canada in 1963, after which he joined Baring Brothers & Co., Limited in London, England. Prior to his retirement in 2010, he served for over twenty-five years as Chairman of Fred Olsen Ltd., a London-based corporation that he joined in 1968 and which specializes in the business of shipping, renewable energy and property development. He received his B. Comm. degree majoring in Accounting and Economics from McGill University in 1959. In November 2004, he successfully completed the International Uniform Certified Public Accountant Qualification Examination and has received a CPA Certificate from the State of Illinois. Mr. Wallace also retired from the board of directors of Bonheur ASA, Oslo, a publicly-traded shipping company with interests in offshore energy services and renewable energy. He is a Director of Callon Petroleum Co, USA where he is Chairman of the Audit Committee. Mr. Wallace also attends the Audit Committee for Siem Offshore Inc. He was inducted as a 2011 Industry Pioneer by the Offshore Energy Centre in Houston. Mr. Wallace is a Canadian citizen.


Alexander Monnas (born 1951), Board member

Mr. Monnas is a non-executive advisor to Daiwa Capital Markets Europe Ltd., and attends the Board Risk Committee and the Audit Committee. Mr. Monnas is also an advisor on investment and financial matters in Geneva, and on the board of a private trust company. He is a board member of Siem Offshore Inc. Mr. Monnas has spent over 40 years in the commercial and investment banking industries, specialising in financial markets. He was CEO of Daiwa Securities’ European operations from 1994 to 2001, and was a board member of Veripos Inc. from 2012 to 2014. He has a degree in Chemistry. Mr. Monnas is a British citizen.


Barry W Ridings (born 1953), Board member

Mr. Ridings is a Senior Advisor at Lazard Frères & Co. LLC and was previously the Vice Chairman of US Investment Banking and Co-Head of its Restructuring advisory practice of Lazard. Mr. Ridings is a US citizen.