Jan Ivar Nielsen

CFO

Mr. Nielsen was appointed Chief Financial Officer of Philly Shipyard ASA and Philly Shipyard, Inc. in October 2015. Previously, he was EVP and CFO for VARD from 2009-2015 after serving as the VP of Finance for VARD’s operations in Brazil from 2007-2009. Prior to working at VARD, Mr. Nielsen was CFO and Head of Investor Relations for Aker American Shipping from its formation in 2005-2007, and its predecessor Aker Philadelphia Shipyard from 2002-2005. From 1998-2002 he was CFO for Kvaerner Shipbuilding in London and had CFO assignments for Kvaerner Masa Yards in Finland and Warnow Werft in Germany. Mr. Nielsen had various finance positions in the process industry from 1990-1997.  Mr. Nielsen holds a Master of Science in Business degree from Bodo Graduate School of Business and an Executive MBA degree from Temple University in Philadelphia, PA, USA.  Mr. Nielsen lives in Philadelphia, PA, USA. Mr. Nielsen is a Norwegian citizen. Mr. Nielsen holds zero shares in the company and has no stock options.

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