{"id":113600,"date":"2020-06-04T10:08:42","date_gmt":"2020-06-04T14:08:42","guid":{"rendered":"https:\/\/www.constructionspecifier.com\/?p=113600"},"modified":"2020-06-03T17:12:15","modified_gmt":"2020-06-03T21:12:15","slug":"paal-kibsgaard-named-ceo-of-katerra","status":"publish","type":"post","link":"https:\/\/www.constructionspecifier.com\/paal-kibsgaard-named-ceo-of-katerra\/","title":{"rendered":"Paal Kibsgaard named CEO of Katerra"},"content":{"rendered":"
\"Katerra<\/a>
Katerra appoints Paal Kibsgaard as the CEO of the company.<\/span>
Photo courtesy Katerra<\/span><\/em><\/figcaption><\/figure>\n

Tech-driven construction company Katerra<\/a> has named Paal Kibsgaard as CEO. Kibsgaard joined Katerra in 2019 as COO and has served on Katerra\u2019s board of directors since 2016.<\/p>\n

Kibsgaard succeeds outgoing CEO and co-founder Michael Marks. Marks started Katerra in 2015 with the goal of using technology to transform the construction industry.<\/p>\n

\u201cI am honored to take on this new role. Five years ago, Michael Marks set forth an incredible vision for a vertically integrated company offering a comprehensive suite of building products and services. Today more than ever, we are seeing increased demand for technological and design innovations that offer greater budget, schedule, and risk predictability,\u201d Kibsgaard said. \u201cKaterra is well-positioned to meet those needs and to deliver on our mission of smarter building and better communities, for everyone.\u201d<\/p>\n

Before Katerra, Kibsgaard was the chairman and CEO of Schlumberger Limited, a multi-billion dollar international oilfield services company. He has deep expertise in operations. During his tenure at Schlumberger, Kibsgaard also held a variety of global senior management positions including COO, president of the Reservoir Characterization Group, vice-president of engineering, manufacturing, and sustaining, and vice-president of human resources.<\/p>\n

A petroleum engineer with a master\u2019s degree from the Norwegian Institute of Technology, Kibsgaard began his career in 1992 working for ExxonMobil. He was named best CEO in Oilfield Services and Equipment by Institutional Investor Magazine for four consecutive years from 2016 to 2019.<\/p>\n

\u201cWe brought Paal into Katerra with the intention of someday appointing him CEO. Operational excellence will be instrumental to our long-term success as we come out of the COVID crisis, and now is the right time to put Paal\u2019s experience to work as CEO,\u201d said Marks.<\/p>\n","protected":false},"excerpt":{"rendered":"

Tech-driven construction company Katerra has named Paal Kibsgaard as CEO. Kibsgaard joined Katerra in 2019 as COO and has served on Katerra\u2019s board of directors since 2016. Kibsgaard succeeds outgoing CEO and co-founder Michael Marks.<\/p>\n","protected":false},"author":13542,"featured_media":113601,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1029],"tags":[1337,4515,5521],"class_list":["post-113600","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-construction","tag-industry-trends","tag-katerra","entry"],"acf":[],"yoast_head":"\nPaal Kibsgaard named CEO of Katerra - The Construction Specifier<\/title>\n<meta name=\"description\" content=\"Katerra has named Paal Kibsgaard as CEO. 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