Arild Selvig appointed new CEO in ZEG Power

ZEG Power is pleased to announce the appointment of Arild Selvig as the new CEO of ZEG Power as the company enters a new growth phase focusing on industrialization of its technology in the clean hydrogen market space.

Arild has more than 30 years leadership experience from the energy industry, where he has been heading up strategy, R&D, M&A, and commercial activities as well as delivering turnkey solutions and services to the global market.

“It is a great pleasure to welcome Arild as a member of the ZEG Power team”, says Chairman of the Board, Carl Lieungh. “We strongly believe that ZEG Power’s technology for clean hydrogen production, combined with the very favourable macro trends towards clean energy, puts the company in a unique position for further growth. Arild is a seasoned industry leader with a proven and impressive track record as well as sharing our vision “Empower the World with Clean Energy”.

Arild Selvig has a MSc degree in Petroleum Engineering from NTNU and Master in Technology Management from NTNU/NHH/Sloan School of Management under MIT in Boston. In addition, he has a Business Administration Candidate degree from Norwegian School of Management.

He started his career on the E&P side working more than 10 years in Norsk Hydro O&G across the entire upstream value chain. He also has 20 years experience with FMC and TechnipFMC in various senior executive roles where his responsibilities recently were expanded to also include TechnipFMC’s growth initiatives within renewables such as offshore wind, hydrogen, and wave energy. Arild starts in his new position in ZEG Power on March 1, 2021.

“ZEG Power is a world leading and innovative company with an impressive portfolio of proprietary technologies. I am really excited to join the very competent ZEG Power team and contribute to the prosperous growth of the company. ZEG Power’s recognition as a solution provider in the hydrogen market is impressive, and with the significant growing interest for hydrogen as a source of energy, I really look forward to start as the new CEO of the company “, says Arild Selvig.