{"id":130526,"date":"2015-06-06T00:01:10","date_gmt":"2015-06-05T21:01:10","guid":{"rendered":"https:\/\/maritimes.gr\/fredriksens-two-daughters-much-more-involved-in-business-strategy\/"},"modified":"2015-06-06T00:01:10","modified_gmt":"2015-06-05T21:01:10","slug":"fredriksens-two-daughters-much-more-involved-in-business-strategy","status":"publish","type":"post","link":"https:\/\/maritimes.gr\/en\/fredriksens-two-daughters-much-more-involved-in-business-strategy\/","title":{"rendered":"Fredriksen\u2019s two daughters \u2018much more involved\u2019 in business strategy"},"content":{"rendered":"<p><img decoding=\"async\" class=\" size-full wp-image-130524\" src=\"https:\/\/maritimes.gr\/wp-content\/uploads\/2015\/06\/1ec719f534132547cf96ba9ecedab7ca.jpg\" alt=\"\" width=\"566\" height=\"348\" srcset=\"https:\/\/maritimes.gr\/wp-content\/uploads\/2015\/06\/1ec719f534132547cf96ba9ecedab7ca-200x123.jpg 200w, https:\/\/maritimes.gr\/wp-content\/uploads\/2015\/06\/1ec719f534132547cf96ba9ecedab7ca-300x184.jpg 300w, https:\/\/maritimes.gr\/wp-content\/uploads\/2015\/06\/1ec719f534132547cf96ba9ecedab7ca-400x246.jpg 400w, https:\/\/maritimes.gr\/wp-content\/uploads\/2015\/06\/1ec719f534132547cf96ba9ecedab7ca.jpg 566w\" sizes=\"(max-width: 566px) 100vw, 566px\" \/>Cecilie and Kathrine Fredriksen \u2018complement each other very well\u2019 and their father points to the group\u2019s property investments as part of their \u2018philosophy of diversification\u2019<\/p>\n<p><DIV><br \/>\n<DIV><BR><IMG alt=\"Kathrine and Cecilie Fredriksen, with father John.\" src=\"http:\/\/www.tradewindsnews.com\/incoming\/316280\/fredriksensjpg\/alternates\/article_main\/fredriksens.jpg\" width=300 height=250><br \/>\n<DIV><br \/>\n<P>Kathrine and Cecilie Fredriksen, with father John.<\/P><\/DIV><\/DIV><\/DIV><br \/>\n<DIV><br \/>\n<DIV><br \/>\n<P>Leading shipowner John Fredriksen has hired a number of key employees in the past few years, most of whom work out of the group\u2019s office in London\u2019s Sloane Square.<\/P><br \/>\n<P>Last week, TradeWinds\u2019 online platform revealed the Norwegian-born billionaire had appointed former Vimpelcom boss Jo Lunder as his organisation\u2019s new chief executive.<\/P><br \/>\n<P>Already at Fredriksen\u2019s top table are Deep Sea Supply chairman Harald Thorstein and Gevaran Investments\u2019 Espen Westeren, who have been working with the owner for some years.<\/P><br \/>\n<P>On the shipping side, Jens Martin Jensen, Marius Hermansen and new Frontline Management boss Robert Hvide Macleod are key figures, along with Fredriksen himself.<\/P><br \/>\n<P>A key development now involves Fredriksen\u2019s daughters, Kathrine and Cecilie.<\/P><br \/>\n<P>\u201cWe have become much more involved in the business in the last year and took part in the process of recruiting Jo,\u201d said Kathrine.<\/P><br \/>\n<P>She sits on the board of drilling company Seadrill, while her twin, Cecilie, is a board member of Frontline and the world\u2019s largest salmon-farming entity, Marine Harvest.<\/P><br \/>\n<P>Property involvement<\/P><br \/>\n<P>Both are involved in the group\u2019s property investments.<\/P><br \/>\n<P>\u201cWe are a high-risk group and are exposed to big risks both on the shipping and offshore side,\u201d said Fredriksen, speaking to TradeWinds at The Old Rectory, his home in Chelsea, London. \u201cCecilie and Kathrine have been conscious that we should put part of the fortune in real estate. Their philosophy of diversification is behind the investments in [the companies] Norwegian Property and Entra.\u201d<\/P><br \/>\n<P>Kathrine said: \u201cCecilie and I are very different as types and [in our] interests. But we complement each other very well. We are lucky to have each other.\u201d<\/P><br \/>\n<P>Both the owner\u2019s daughters view the appointment of Lunder as very positive. They say the largest team possible is being put together to position the business for exploiting whatever \u201cpossibilities that lie ahead\u201d.<\/P><br \/>\n<P>Last summer, Fredriksen terminated his co-operation with Tor Olav Troim, his right-hand man for many years. Fredriksen does not want to comment on why the two split but praises Troim for his efforts to develop the group.<\/P><br \/>\n<P>\u201cTor Olav has done a great job in developing new companies,\u201d said Fredriksen. \u201cAnd he is a fantastic salesman. I am sure he could sell sand in the Sahara.\u201d<\/P><br \/>\n<P>source:www.tradewindsnews.com<\/P><\/DIV><\/DIV><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cecilie and Kathrine Fredriksen \u2018complement each other very well\u2019 and their father points to the  [&#8230;]<\/p>\n","protected":false},"author":1,"featured_media":130524,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[273],"tags":[],"class_list":["post-130526","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-maritimes-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Fredriksen\u2019s two daughters \u2018much more involved\u2019 in business strategy - Maritimes<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/maritimes.gr\/en\/fredriksens-two-daughters-much-more-involved-in-business-strategy\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fredriksen\u2019s two daughters \u2018much more involved\u2019 in business strategy - 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