![Frank Ove Reite](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="%231b1b1b" class="bi bi-person-fill" viewBox="0 0 16 16"><path d="M3 14s-1 0-1-1 1-4 6-4 6 3 6 4-1 1-1 1zm5-6a3 3 0 1 0 0-6 3 3 0 0 0 0 6"/></svg>)
Frank Ove Reite
Chairman at
AKASTOR ASA
Net worth: 17 M $ as of 2026-08-30
Profile
Frank Ove Reite is currently Chairman at Akastor ASA since 2022, Chairman at Solstad Maritime ASA since 2024, Deputy Chairman at Aker ASA since 2019, Chairman at Converto Capital Management AS since 2019, Chairman at Fausken Invest AS, Chairman at Novela Kapital.
I AS, Chairman at CONVERTO FORVALTNING AS, Chairman at CONVERTO HOLDING AS, Chairman at Converto AS since 2014, Director at AMSC ASA since 2011, Director at Solstad Offshore ASA since 2016, Director at Teigenes AS, Director at Philly Shipyard ASA starting 2025, and Independent Director at Aker Biomarine ASA since 2023.
Former roles include Chief Executive Officer at SalMar Aker Ocean AS, Chairman at BNBank ASA (OLD), Bjørge ASA, Lerøy Havfisk AS, Aker Capital AS, Union Eiendomskapital AS, Align AS, Stream AS, Ocean Yield AS from 2016 to 2021, Entec Group AS, and Director at Solstad Offshore ASA, Kredittbanken ASA as Managing Director, Icicle Seafoods, Inc., Aker Floating Production ASA, BN Bank ASA, Operating Director at Paine Schwartz Partners LLC from 2008 to 2009, Director at PE Bjørdal AS, Teigenes Holding AS, FLYTSONA AS, and Executive Vice President at Glitnir Banki hf.
Education includes undergraduate studies at BI Norwegian Business School.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
AKER ASA CLASS A 0.1% | 2025-12-30 | 74,182 ( 0.1% ) | 12 M $ | 2026-08-30 |
SOLSTAD OFFSHORE ASA 0.43% | 2026-01-20 | 356,509 ( 0.43% ) | 3 M $ | 2026-08-30 |
0.08% | 2025-12-30 | 356,509 ( 0.08% ) | 1 M $ | 2026-08-30 |
AKASTOR ASA 0.07% | 2026-03-16 | 200,000 ( 0.07% ) | 292 206 $ | 2026-08-30 |
Frank Ove Reite active positions
| Companies | Position | Start |
|---|---|---|
| AKER ASA | Director/Board Member | 2019-07-31 |
| AMSC ASA | Director/Board Member | 2011-06-29 |
| AKASTOR ASA | Chairman | 2021-12-31 |
| SOLSTAD OFFSHORE ASA | Director/Board Member | 2016-07-12 |
| AKER BIOMARINE ASA | Director/Board Member | 2022-12-31 |
| PHILLY SHIPYARD ASA | Director/Board Member | 2025-08-31 |
Converto AS
 Converto AS Investment ManagersFinance Provides financial counselling, transactions, recruitment and capital management services | Chairman | 2014-05-31 |
Fausken Invest AS
 Fausken Invest AS Financial ConglomeratesFinance Provides investment services | Chairman | - |
CONVERTO HOLDING AS
 CONVERTO HOLDING AS Investment ManagersFinance Provides fund management services | Chairman | - |
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Former positions of Frank Ove Reite
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Training of Frank Ove Reite
Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
72
1st degree connections
34
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 34 |
|---|---|
Philly Shipyard ASA
 Philly Shipyard ASA MiscellaneousMiscellaneous Functions as an investment holding company | Miscellaneous |
Glitnir Banki hf
 Glitnir Banki hf Major BanksFinance Provides commercial banking services | Finance |
Solstad Offshore ASA /Old/
 Solstad Offshore ASA /Old/ Marine ShippingTransportation Provides naval vessel leasing services | Transportation |
Kredittbanken ASA
 Kredittbanken ASA Major BanksFinance International commercial bank | Finance |
Akastor ASA
 Akastor ASA Contract DrillingIndustrial Services Operates as a holding company whose subsidiaries engage in the provision of oilfield services | Industrial Services |
BNBank ASA (OLD)
 BNBank ASA (OLD) Regional BanksFinance Provides banking services | Finance |
Aker ASA
 Aker ASA Financial ConglomeratesFinance Operates as an industrial investment company | Finance |
Bjørge ASA
 Bjørge ASA Industrial MachineryProducer Manufacturing Manufactures valves and pumps for the oil and gas sector | Producer Manufacturing |
Icicle Seafoods, Inc.
 Icicle Seafoods, Inc. Food DistributorsDistribution Services Processes and sells seafood products | Distribution Services |
Lerøy Havfisk AS
 Lerøy Havfisk AS Agricultural Commodities/MillingProcess Industries Provides fishing services | Process Industries |
AMSC ASA
 AMSC ASA Marine ShippingTransportation Operates as ship owning and lease finance company which leases bareboat charters, shuttle tankers and vessels | Transportation |
Aker Capital AS
 Aker Capital AS MiscellaneousMiscellaneous Functions as an investment holding company | Miscellaneous |
Aker Floating Production ASA
 Aker Floating Production ASA Wholesale DistributorsDistribution Services Operates tanker ships for oil storage | Distribution Services |
BI Norwegian Business School
 BI Norwegian Business School Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
BN Bank ASA
 BN Bank ASA Major BanksFinance Offers retail corporate banking services | Finance |
Converto AS
Converto AS Investment ManagersFinance Provides financial counselling, transactions, recruitment and capital management services | Finance |
Paine Schwartz Partners LLC
 Paine Schwartz Partners LLC Investment ManagersFinance Paine Schwartz Partners invests in companies across the globe. The firm targets companies operating in the fields of food and agriculture. The firm provides financing for growth capital requirements. | Finance |
Teigenes AS | |
Union Eiendomskapital AS
 Union Eiendomskapital AS Real Estate DevelopmentFinance Operates as investment management company | Finance |
Converto Capital Management AS
 Converto Capital Management AS Investment ManagersFinance Provdides investment and portfolio management services | Finance |
Align AS
 Align AS Oil & Gas ProductionEnergy Minerals Supplies technical safety and total fire fighting solutions for the oil and gas industry | Energy Minerals |
Stream AS
 Stream AS Wholesale DistributorsDistribution Services Supplies valves, pipes, electro, and instrumentation products for the oil and gas industries | Distribution Services |
Ocean Yield AS
 Ocean Yield AS Financial ConglomeratesFinance Operates as a ship owning company with investments in vessels | Finance |
Fausken Invest AS
Fausken Invest AS Financial ConglomeratesFinance Provides investment services | Finance |
Solstad Offshore ASA
 Solstad Offshore ASA Marine ShippingTransportation Provides shipping and maritime services | Transportation |
PE Bjørdal AS | |
Teigenes Holding AS | |
Entec Group AS
 Entec Group AS Industrial MachineryProducer Manufacturing Manufactures water treatment equipment | Producer Manufacturing |
Aker BioMarine AS
 Aker BioMarine AS Agricultural Commodities/MillingProcess Industries Engages in harvesting, production and marketing of krill products | Process Industries |
Novela Kapital I AS | |
SalMar Aker Ocean AS
 SalMar Aker Ocean AS Agricultural Commodities/MillingProcess Industries Engages in farming of salmon fishes | Process Industries |
CONVERTO FORVALTNING AS
 CONVERTO FORVALTNING AS Investment ManagersFinance Provides investment management services | Finance |
CONVERTO HOLDING AS
CONVERTO HOLDING AS Investment ManagersFinance Provides fund management services | Finance |
FLYTSONA AS
 FLYTSONA AS Miscellaneous Commercial ServicesCommercial Services Provides accounting services | Commercial Services |
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