Terje Askvig, CEO of Prosafe, will resign on 1 September 2025. Reese McNeel, current CFO, will serve as interim CEO and CFO. Carey Lowe, Chair of the Board, will be executive chairman during the transition. The Board is seeking a permanent CEO. Lowe thanked Askvig for leading Prosafe through financial restructuring, making it a top provider of floating accommodation vessels and UMS. Prosafe is listed on the Oslo Stock Exchange as PRS. For more information, contact Carey Lowe at [email protected]. This information is considered inside information under the EU Market Abuse Regulation.

Read more at GlobeNewswire: Resignation of CEO Terje Askvig and appointment