Annual Report 2011 - PGS

Board of Directors
Daniel Piette is CEO and a Board Member of Object Reservoir, a technology company focused
on addressing complex reservoir modeling challenges in shale and other unconventional
environments. As President and CEO of OpenSpirit Corporation from 2003 to 2011, Mr. Piette
led the upstream and E&P software company through seven years of 20 percent annual growth
and spearheaded its acquisition by TIBCO Software, Inc. (NASDAQ: TIBX) in 2010. After receiving
his B.Sc. with honors in Mining Engineering from the University of Wisconsin-Madison in 1980,
he held several executive management positions in the oil and gas industry, including business
unit manager for the land acquisition systems group at Input/Output, President and CEO of
Bell Geospace and Vice President and General Manager of the Asia Pacific region for Landmark
Graphics. As of April 4, 2012, Mr. Piette owns 7,000 PGS shares.
Daniel Piette
Board Member
(Elected 2007)
Audit Committee Member
Annette Malm Justad is an independent consultant and board member. She has served as
CEO of Eitzen Maritime Services ASA, VP and Head of Purchasing for Yara International ASA, VP
and Fleet Manager of Norgas Carriers AS and has held various technical and commercial positions
at Norsk Hydro ASA. Ms. Malm Justad holds a Master’s degree in Technology Management from
MIT/NTH, as well as an M.Sc. in Chemical engineering from the Norwegian University of Science
and Technology. Board memberships of Norwegian-listed companies include Board Chairman of
American Shipping Company and Board Member of Awilco. As of April 4, 2012, Ms. Malm Justad
does not own any PGS shares.
Annette Malm Justad
Board Member
(Elected 2008)
Remuneration and
Corporate Governance
Committee Member
Holly Van Deursen currently holds non-executive director positions with Petroleum Geo-
Services, Bemis Company, Inc., Actuant Corporation, Capstone Turbine Corporation and Anson
Industries, Inc. She served on BP plc’s Top-Forty Executive Team as Group Vice President,
Petrochemicals from 2003 to 2005 and Group Vice President, Strategy from 2001 to 2003. Prior
to these executive appointments, Ms. Van Deursen held a variety of senior positions with BP and
Amoco in Chicago, London, and Hong Kong and has served on the boards of directors of the
American Chemistry Council and Amoco’s joint ventures in Korea, Taiwan, and Japan. Ms. Van
Deursen holds a B.Sc. in Chemical Engineering from the University of Kansas and an MBA from
the University of Michigan. As of April 4, 2012, Ms. Van Deursen owns 2,000 PGS shares.
Holly Van Deursen
Board Member
(Elected 2006)
Remuneration and
Corporate Governance
Committee Chairperson
Ingar Skaug was Group CEO of the maritime industrial group Wilh. Wilhelmsen ASA from 2003
to 2010, after having served in several senior management positions within the group since 1990.
Previously, Mr. Skaug was VP and Deputy Chief Operating Officer of SAS Airlines, a position that
capped nearly three decades with the airline. Mr. Skaug is a Board Member of the ferry company
DFDS AS, the offshore safety monitoring innovator Miros and the travel bureau Berg-Hansen. He
is also Board Chairman of Bery Maritime AS and Ragni Invest AS and Deputy Board Chairman and
a member of the auditing committee of J. Lauritzen AS. Ingar Skaug is a member of the Advisory
Board of Bremen Lagerhaus Gesellschaft (BLG) International Logistics Corp and Chairman of the
Center for Creative Leadership. He received his MBA degree from the University of Nürnberg,
Germany. As of April 4, 2012, Mr. Skaug does not own any PGS shares.
Ingar Skaug
Board Member
(Elected 2009)
Remuneration and
Corporate Governance
Committee Member
PGS Annual Report 2011 53