PG Flow Solutions appoints CEO

Roy Norum and Steve Paulsen Roy Norum (left), now executive vice president of sales & business development, with Steve Paulsen, now chief executive officer

PG Flow Solutions has promoted chief operating officer (COO) Steve Paulsen to chief executive officer (CEO).

Mr Paulsen, who joined the company as its first COO in 2015, succeeds Roy Norum, who moves into the role of executive vice president of sales & business development. The change is part of a long-term succession plan which was mapped out in 2014, when Norvestor VI, L.P. became the majority owner of PG Flow Solutions.

“Having worked closely with Roy for the past three years, I know how demanding the CEO role is. But we have planned this change since 2015 so it is great to finally make it happen," said Mr Paulsen.

He added: “PG Flow Solutions is a fantastic company and I look forward to leading this highly capable team. Having Roy continue in such a vital role is also a major advantage, both to PG and in support of my new function."

Harnessing expertise

Prior to joining PG Flow Solutions, Mr Paulsen spent almost a decade with Siemens, as head of operations within energy, oil & gas solutions, head of global sales & project execution, and head of sales & regional support. He has also spent several years in project director roles for Nokia Siemens Networks.

Mr Norum has been with PG Flow Solutions for 18 years, and spent more than 40 years in PG’s core business segments globally. He is a significant shareholder of the group, and will continue as a senior member of the group’s management team.

He said: “Sales and business development has always been closest to my heart, so I look forward to dedicating myself to this role full time. The maritime and oil and gas industries have been through a couple of challenging years, but we are finally seeing signs of recovery in these markets. In addition, we are rapidly expanding into new sectors, such as the aquaculture and fisheries segments. This positive momentum is something we aim to capitalise fully on.”



Cordex maintains a permanent stable growth on its CordexAqua segment – Ropes and Yarns for Fishing &... Read more

The Australian Fisheries Management Authority chooses Trackwell VMS

The Icelandic tech company Trackwell recently won an open tender to provide Vessel Monitoring System... Read more

Wet weather gear for fishing – three things to consider before buying

Good quality wet weather gear is a must-have for any fishing professional. But finding the best gea... Read more

Introducing the 662 heavy duty wet weather gear flotation bib and pants from Stormline

Good quality wet weather gear is essential when your job involves exposure to the elements, but if y... Read more

Offshore Mariculture Asia highlights the need for sustainable growth

Future generations will need to produce more with less. Read more

Offshore Mariculture Asia 2018 programme announced

Actions for investment and financing opportunities together with the day to day practicalities of ru... Read more

View all