Pressrelease: New CEO at Smedvig AS

Odd Torland resigns as the CEO of Smedvig AS. Torland will continue to serve as an advisor to the owners and management, as well as a board member in several companies within the group. Marit Salte will assume the role of CEO from March 15, 2024. 

Odd Torland has been with the Smedvig group since 1991, holding various leadership positions. In 1993, he was appointed acting CEO of Peder Smedvig AS. From 2000 to 2005, he also served as the CEO of Scana Industrier. Since 2005, Torland has been fully dedicated to leading Smedvig’s family companies, playing a crucial role in the current organizational structure and the executed generational transition. Now, it is time to pass on the responsibility. 

Marit Salte looks forward to taking on her new role. Salte, formerly the CFO of Smedvig AS, has been part of the company’s leadership for over 22 years, starting as the financial manager in Peder Smedvig AS. Salte holds a degree in business economics from the Norwegian School of Economics. She currently holds several board positions in companies related to the Smedvig group. 

“For all companies, succession is crucial, and I am very pleased that we have built a strong leadership team with excellent internal candidates to take over. Marit possesses all the qualities needed to guide the company through a time of significant opportunities and challenges,” says outgoing leader Odd Torland. 

“We are delighted that Marit Salte has accepted the position of CEO at Smedvig AS,” says Anna Margaret Smedvig. “With her versatile expertise and strategic abilities, we are confident that Marit will lead the company in line with the family’s visions and long-term goals.” 

“We also want to express our gratitude to Odd Torland for his leadership and dedication to Smedvig over so many years. His contributions have been invaluable, and we are very pleased that he is willing to continue as an advisor and board member in several of our companies, even as he steps down as the top executive.” 


For more information, please contact: 

Marit Salte – Mobile: 958 86 444 or email: 

Odd Torland – Mobile: 9572 9573 or email: 

Smedvig is a family-owned company that has actively invested in business opportunities creating lasting value for over 100 years. We invest in global financial markets, providing capital and expertise to projects and companies we believe in, based on entrepreneurship, trust, and the ability to think long-term. It is important for us to be engaged and contribute to the local community, and we take pride in our real estate company, a leader in technology and sustainability.