Stian Vemmestad

Chief Executive Officer at

Alliance Provider ASA

Industrial Services

Electronic Technology

Technology Services

Profile

Stian Vemmestad is currently the Chief Executive Officer at Hydra.
Well Intervention AS, Chairman at Norwegian Seals AS, Managing Director at Alliance Provider ASA, Managing Director & Director at Wellwork Innovation AS, Head-Sales at Compaq Computer BV, and Chief Financial Officer at Alliance ASA. In the past, he has held positions such as Chairman at CoreTrek AS and Turbinova AS, Director-Business Development at Alliance, Director at Viju AS, Director at Viking Intervention Technology AS, Director at Cegal Group AS, Head-Sales at Telenor ASA, and Investment Associate at SåkorninVest Management AS.

Stian Vemmestad active positions

Companies	Position	Start
Alliance Provider ASA	Chief Executive Officer	27/07/2009
Alliance ASA	Director of Finance/CFO	27/07/2009
Wellwork Innovation AS Wellwork Innovation AS Oilfield Services/EquipmentIndustrial Services Commercialization of new technology, services, and products within the oil and gas sector	Chief Executive Officer	-
Norwegian Seals AS Norwegian Seals AS Wholesale DistributorsDistribution Services Supplies sealing devices to oil and gas equipment manufacturers	Chairman	-
Hydra Well Intervention AS Hydra Well Intervention AS Oilfield Services/EquipmentIndustrial Services Manufactures well integrity tools	Chief Executive Officer	-

All active positions of Stian Vemmestad

Former positions of Stian Vemmestad

Companies	Position	End
Compaq Computer BV Compaq Computer BV Computer Processing HardwareElectronic Technology Develops and manufactures a wide range of personal computing products	Sales & Marketing	06/02/2013
SåkorninVest Management AS SåkorninVest Management AS Investment ManagersFinance SkorninVest's investment strategy focuses on early-stage development in new businesses in the Nordic region. Their goal is to contribute to start-ups' value. They seek ventures that have a growth potential of more than 50% per year. The firm is a long-term investor. SkorninVest complies with ethical investment practices based on the 'Norsk venturekapitalforening.' The firm considers a diverse range of sectors. SkorninVest has invested in businesses that develop, produce and sell products to the oil and gas industry, diagnostic research that focuses on early detection of diseases, patent-pending solutions for innovative windmill-fired turbines, turbines and plants for the production of electric power, medical equipment for the regulation of patients' body temperature, instruments for analysis of DNA, RNA and proteins, diagnostic tests for detection of cancer, and enterprise information portals. SkorninVest evaluates a number of key selection criteria, among them: realistic business plans backed by a management team with sector-knowledge, annual market potential for a turnover of 1 billion NOK, minimum market growth more than 20% per year, established initial customer base, competitive advantage, product or service can be brought to market within three years, and identification of potential trade sale buyers. SkorninVest provides capital and commitment to fully support their portfolio firms. They draw upon their in-house expertise for operational and strategic development. They utilize their wide networks of financial and industrial relations. SkorninVest typically holds investments over a horizon of 12 years.	Director of Investments	01/05/2009
Alliance Alliance Containers/PackagingProcess Industries Produces uncoated and business paper products	Corporate Officer/Principal	11/03/2008
Cegal Group AS Cegal Group AS Information Technology ServicesTechnology Services Provides hybrid cloud solutions, software and consulting within IT, business, geoscience and data management services	Director/Board Member	-
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See the detail of Stian Vemmestad's experience

Experiences
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Private companies

See the detail of Stian Vemmestad's experience

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Linked companies

Private companies	14
Telenor ASA Telenor ASA Major TelecommunicationsCommunications Provides telecommunications services	Communications
Alliance Alliance Containers/PackagingProcess Industries Produces uncoated and business paper products	Process Industries
Compaq Computer BV Compaq Computer BV Computer Processing HardwareElectronic Technology Develops and manufactures a wide range of personal computing products	Electronic Technology
Viju AS Viju AS Electronic Production EquipmentElectronic Technology Offers solution for video conferencing, telepresence, audio visual integration and collaboration, and visualization solutions	Electronic Technology
SåkorninVest Management AS SåkorninVest Management AS Investment ManagersFinance SkorninVest's investment strategy focuses on early-stage development in new businesses in the Nordic region. Their goal is to contribute to start-ups' value. They seek ventures that have a growth potential of more than 50% per year. The firm is a long-term investor. SkorninVest complies with ethical investment practices based on the 'Norsk venturekapitalforening.' The firm considers a diverse range of sectors. SkorninVest has invested in businesses that develop, produce and sell products to the oil and gas industry, diagnostic research that focuses on early detection of diseases, patent-pending solutions for innovative windmill-fired turbines, turbines and plants for the production of electric power, medical equipment for the regulation of patients' body temperature, instruments for analysis of DNA, RNA and proteins, diagnostic tests for detection of cancer, and enterprise information portals. SkorninVest evaluates a number of key selection criteria, among them: realistic business plans backed by a management team with sector-knowledge, annual market potential for a turnover of 1 billion NOK, minimum market growth more than 20% per year, established initial customer base, competitive advantage, product or service can be brought to market within three years, and identification of potential trade sale buyers. SkorninVest provides capital and commitment to fully support their portfolio firms. They draw upon their in-house expertise for operational and strategic development. They utilize their wide networks of financial and industrial relations. SkorninVest typically holds investments over a horizon of 12 years.	Finance
CoreTrek AS CoreTrek AS Packaged SoftwareTechnology Services Develops enterprise portal software solutions	Technology Services
Turbinova AS Turbinova AS Electrical ProductsProducer Manufacturing Develops, produces, and sells turbines and generators	Producer Manufacturing
Viking Intervention Technology AS Viking Intervention Technology AS Oilfield Services/EquipmentIndustrial Services Manufactures pressure control equipment	Industrial Services
Alliance Provider ASA
Alliance ASA
Wellwork Innovation AS Wellwork Innovation AS Oilfield Services/EquipmentIndustrial Services Commercialization of new technology, services, and products within the oil and gas sector	Industrial Services
Norwegian Seals AS Norwegian Seals AS Wholesale DistributorsDistribution Services Supplies sealing devices to oil and gas equipment manufacturers	Distribution Services
Cegal Group AS Cegal Group AS Information Technology ServicesTechnology Services Provides hybrid cloud solutions, software and consulting within IT, business, geoscience and data management services	Technology Services
Hydra Well Intervention AS Hydra Well Intervention AS Oilfield Services/EquipmentIndustrial Services Manufactures well integrity tools	Industrial Services