Group and senior management work closely together in respect of commercial, technical, HSE, financial and legal issues with the aim of delivering responsible growth and long-term shareholder value
Investment Committee
CEO since 2022
Born in Australia in 1982, Daniel Fitzgerald holds a degree in Chemical Engineering from the University of New South Wales, Sydney.
From 2005 to 2014 Daniel worked for one of the world’s largest oil and gas companies based in the UK, holding offshore and onshore operational and management roles. Between 2014 and 2017, he was the Group Operations Manager for Lundin Petroleum, subsequently joining International Petroleum Corp. as the Chief Operating Officer when it was spun-off from Lundin Petroleum (later Lundin Energy) in 2017.
Daniel was then appointed Chief Operating Officer for Lundin Energy in 2021 and following the combination of Lundin Energy’s E&P business with Aker BP, Daniel was appointed Chief Executive Officer effective as of 1 July 2022.
Holding of shares or financial instruments in Orrön Energy per 9 November 2023:
Shares: 330,000 / Options: 4,638,000
Chief Financial Officer
As CFO, Espen Hennie is responsible for Orrön Energy’s financial reporting, internal audit, risk management, tax and treasury function.
Espen was born in Norway in 1980 and holds a Master of Science in Financial Economics from the BI Norwegian Business School, Oslo.
From 2007 to 2013, he worked as an equity research analyst for one of the largest investment banks in the Nordics and from 2013 he held various positions within Lundin Energy’s finance department. At the time of the combination of Lundin Energy’s E&P business with Aker BP, Espen held the Corporate Finance and Planning Director position. Lundin Energy then changed its name to Orrön Energy and Espen was appointed Chief Financial Officer, effective as of 1 July 2022.
General Counsel
As General Counsel, Henrika Frykman is responsible for all legal and tax matters of Orrön Energy.
Henrika was born in Finland in 1977. She has a Master of Laws from the University of Stockholm.
Between 2000 and 2002, Henrika practiced general corporate and commercial law with a Swedish law firm in Stockholm. After moving to Geneva in 2002, she joined a large international law firm, focussing on Swiss and international corporate tax matters until 2008, when she joined Lundin Energy. In 2017 she was appointed Vice President Legal of Lundin Energy with responsibility for all legal and tax matters.
Following the combination of Lundin Energy’s E&P business with Aker BP, Lundin Energy changed its name to Orrön Energy and appointed Henrika General Counsel, effective as of 1 July 2022.
The Investment Committee assists the Board in discharging its responsibilities in overseeing the Company’s investment portfolio. The role of the Investment Committee is to determine that the Company has a clearly articulated investment policy, to develop, review and recommend to the Board investment strategies and guidelines in line with the Company’s overall policy, to review and approve investment transactions and to monitor compliance with investment strategies and guidelines. The responsibilities and duties include considering annual budgets, supplementary budget approvals, investment proposals, commitments, acquisition and disposal of assets and performing other investment related functions as the Board may designate.
Senior Management
Technical Director
As Technical Director, Carl Sixtensson is responsible for overseeing all of Orrön Energy’s renewables projects and developments.
Carl was born in Sweden in 1983, and holds a Master of Science from Lund University, Sweden, with specialization in Energy Sciences.
With more than fourteen years of renewable energy experience, Carl has since 2008 been working at one of the biggest leading advisor firms to the renewable industry. Over the years Carl has provided wind developers, utilities, and financial institutions with technical expertise in renewable energy, including assessments of new technology and projects. He has performed quantitative and qualitative risk management studies, including value chain assessments of some of Europe’s largest wind farms, as well and market and benchmarking studies of renewable energy technologies.
Between 2017 and 2022, Carl served as a Business Lead, with responsibility of deliver technical advisory services in renewable energy and leading business development for a high-performing team of 35 technical experts.
Carl joined Orrön Energy in 2022.
Director, Corporate Affairs and Investor Relations
As Director, Corporate Affairs and Investor Relations Robert Eriksson is responsible for Orrön Energy’s external communications, including investor relations and media contacts.
Robert was born in Sweden in 1975.
After having served as a financial reporter/analyst with a leading Swedish business daily between 1998 and 2001, including 1.5 years as the San Francisco bureau chief,
Robert worked for a Swedish based IR- and crisis communications firm before writing a book on the founder of the Lundin Group of Companies in 2002.
From 2003 until today, Robert held various investor relations and communications related positions within the Lundin Group of Companies.
In 2021, he was appointed Director Media and Corporate Affairs for Lundin Energy. Following the combination of Lundin Energy’s E&P business with Aker BP, Lundin Energy changed its name to Orrön Energy and appointed Robert Director, Corporate Affairs and Investor Relations, effective as of 1 July 2022.
Group and senior management tasks and duties
The tasks of the CEO and the division of duties between the Board and the CEO are defined in the Rules of Procedure and the Board’s instructions to the CEO. In addition to the overall management of the Company, the CEO’s tasks include ensuring that the Board receives all relevant information regarding the Company’s operations, including profit trends, financial position and liquidity, as well as information regarding important events such as significant disputes, agreements and developments in important business relations. The CEO is also responsible for preparing the required information for Board decisions and for ensuring that the Company complies with applicable legislation, securities regulations and other rules such as the Corporate Governance Code. Furthermore, the CEO maintains regular contacts with the Company’s stakeholders, including shareholders, the financial markets, business partners and public authorities. To fulfil his duties, the CEO works closely with the Chairman of the Board to discuss the Company’s operations, financial status, up-coming Board meetings, implementation of decisions and other matters.
Under the leadership of the CEO, senior management is responsible for ensuring that the operations are conducted in compliance with the Code of Conduct, all Company policies, procedures and guidelines and the HSEQ Leadership Charter in a professional, efficient and responsible manner. Regular management meetings are held to discuss all commercial, technical, CR/HSEQ, financial, legal and other issues within the Company to ensure the established short- and long-term business objectives and goals will be met. A detailed weekly operations report is circulated to senior management summarising the operational events, highlights and issues of the week in question. Senior management also travels frequently to oversee the ongoing operations, seek new business opportunities and meet with various stakeholders, including business partners, suppliers and contractors, government representatives and financial institutions. In addition, senior management liaises continuously with the Board, and in particular the Board Committees, in respect of ongoing matters and issues that may arise, and meets with the Board at least once a year at the executive session held in connection with a Board meeting in one of the operational locations.