Torvald Klaveness

About Us

Klaveness believes transparent and good corporate governance drives value creation through aligning stakeholder as well as company interests.

The main governance structure and principles are as follows:

• Trond Harald Klaveness is the main shareholder of the company, and chairman of Rederiaksjeselskapet Torvald Klaveness (RASTK). The board of directors also comprises independent representatives with extensive corporate experience. Current board members are Christian Rynning-Tønnesen, Tellef Thorleifsson and Christian Andersen.

• Lasse Kristoffersen is the President and CEO of Torvald Klaveness, and heads up the executive committee of nine executives. He has no ties to the Klaveness family, but holds a minority ownership share in RASTK.

• Risk management and compliance is an integral part of our business. We have a corporate risk management unit with the responsibility to identify and mitigate business and financial risks. In addition, we have a Chief Compliance Officer responsible for development, implementation and follow-up of our compliance program.

• We operate under a Code of Conduct that is accepted in writing by each employee, officer and director.