Board & Executive Management

Tor Olav Gabrielsen

Chairman of the board

Tor Olav Gabrielsen is the Chairman of M Vest Water. He holds a master’s degree in finance (Cand Merc.) from the Norwegian School of Economics (NHH) and has more than 15 years of experience from the financial and shipping sector. He is an active investor and currently holds the position as Director in Teamco Group, a Swiss-based family office. Mr. Gabrielsen holds several board positions within the IT, shipping and building and construction sectors.

Atle Mundheim

CTO & Director of the Board

Atle Mundheim is the CTO & Director of Board in MVW. He is also the founder of Norwegian Water Technologies and inventor of the proprietary technologies of MVW. He has a 28 year long professional career in the oil & gas industry, in which he held operational and senior management positions within Drilling and Sub Sea Operations in the North Sea until year 2000. From there on Atle has developed and commercialized several water treatment technologies and startup companies and gained wide experience from international operations.

Rune Gaasø

Director of the Board

Rune Gaasø is a technology development strategist with 35 years of global experience from O&G holding leadership positions in Odfjell Drilling, BP and Equinor within operations management, R&D, strategic procurement, business development. Extensive board director experience in businesses as subsea hardware, logistics technology, seismic, risk management. During the last decade, cofounder of a range of companies within the regenerative and circular space, as waste recovery in steel and plastics, CO2 carbon storage, and is holding 10 board positions, chair in 2 of them. His key strengths are, relationships, deep understanding of large complex industrial projects, collaboration across business silos and creativity in solving societal tangles.

Stein E. Giljarhus

Chief Executive Officer

Stein E. Giljarhus has more than 40 years of experience in the oil and gas industry. He started working on the oil rigs in the late 1970s and continued onshore with managerial positions in late 1980s, until he was appointed the Vice President - Operations for Transocean in 1990. After nearly 20 years at Transocean, he co-founded the AGR Group, and served as its CEO from 1996 to 2003. Since 2003, he has been involved in various consultancy and Board positions for oil & gas-related companies. He also consulted the water treatment technology company Downstream Services in a management position, and also for significant North Sea development projects for oil companies such as Repsol. He has experience from operations in the North Sea, North America, Latin America, Asia, Middle East, Africa, and the Southeast Asia region.

Morten Hilton Thomassen

Chief Financial Officer

Morten Hilton Thomassen has more than 20 years of experience and has over the past 15 years held several management positions in companies within energy, fisheries, consulting and the water treatment industry. Prior to joining M Vest Water, he was a Partner at Complér Corporate AS and served as CFO for Norsildmel AS. He started his career in insurance before joining Bergen Energi where he for a period of 10 years held several positions of increasing seniority including Risk Manager and CFO. His extensive background includes strong skills in developing businesses, global business structures, relationship building, and corporate governance. He holds a Siviløkonom degree focused on finance from the Norwegian School of Economics and Business Administration.

Dr. Karl Michael Millauer

Director Business Development & Sales

Karl Michael Millauer has more than 35 years of international business experience, holding several CEO and senior positions for private and public companies within water treatment. He has held a number of managerial positions, including CEO of Aquarion Group, a water treatment technology group, Aquatech International (US), CEO of Christ Water Technology Group, COO of BWT Group, and CFO of Wolford AG. Millauer holds a dr. juris degree from the University of Law in Vienna, and a master's degree and a Ph.D. degree in general business administration from the University of Vienna.

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