Ivar H. Myklebust (pictured) has been named Chief Executive Officer (CEO) of Höegh Autoliners.
He has over the last three years served as Chief Financial Officer (CFO) in the company. Ingar Skiaker is leaving his position as CEO and will take over a new role as a Director of Leif Höegh & Co, the Høegh family’s shipping holding company.
Prior to joining Höegh Autoliners as CFO in 2014, Ivar H. Myklebust was Head of Strategy and Special Projects in Nordea’s Shipping, Offshore and Oil Services Division. He has also worked in D/S Norden as CFO, in Anders Wilhelmsen & Co and Pareto Securities. Mr Myklebust holds a Master of Science in Economics and Business Administration from the Norwegian School of Economics and Business Administration (NHH). He will take over as CEO from 1 December.
Leif O. Høegh, Chairman of Höegh Autoliners, commented: “Ingar Skiaker has been CEO in Höegh Autoliners for six years. During his 30 years in the company, he has done an excellent job in a number of positions. Recognised for his commercial acumen and deep operational knowledge, Mr. Skiaker has led us through a challenging period of change. I have enjoyed working closely with him and look forward to our continued cooperation in his new role at the holding company.
“In September 2017, Höegh Autoliners reached a settlement with the US Department of Justice (DOJ) related to their investigation into the car-carrier industry. We take the DOJ’s conclusion very seriously, and we deeply regret the mistakes that have been made by the company. Höegh Autoliners is committed to fair and lawful business practices. We will continue to enforce our compliance activities throughout our organisation.
“As the overall organisational responsibility lies with the CEO, Ingar Skiaker has decided to accept the consequences and step down. It is regrettable that he is leaving his role. But in this unfortunate situation, I am confident that we have found a balanced solution for everyone involved.
“At the same time, I am pleased that Ivar H. Myklebust has accepted to take on the role as CEO of Höegh Autoliners. He knows the company very well, and his energy and focus will greatly benefit Höegh Autoliners as we seek to further develop our business. Mr Myklebust has done an excellent job as a commercial minded CFO. I look forward to working closely with him as he takes the company forward”.