Governance
We believe that good corporate governance builds confidence among shareholders, employees, partners, customers, and other stakeholders, and thereby supports maximum value creation over time.
As a company which conducts business on all continents, our compliance system is vital in order to achieve sustainable value creation and a robust culture.
Capsol's Management

Jan Kielland
Chief Executive Officer
Employed since
2018
Year of Birth
1957
Shares held
5 172 677
Options
850 000
Experience and skills
With more than 40 years experience working with, and holding management and board positions in companies within the energy sector, Jan has the background and experience required to fulfill Capsol's goal to be a global leader in capturing carbon dioxide from power plants and industrial facilities worldwide by offering Capsol technologies' energy efficient and cost-effective CapsolEoP™ solution to the industry.
Jan completed his MSc (Master of Science) in Petroleum Engineering in 1980 after which he worked for Shell International Petroleum Maatschappij, followed by SAGA Petroleum ASA, DNO ASA, Lundin Petroleum, Sector Asset Management, Canamens Limited, Panoro Energy ASA and Clean Carbon Group ASA, before joining Capsol.
Email: [email protected]
Phone: +47 415 69 974

Ingar Bergh
Chief Financial Officer
Employed since
2021
Year of Birth
1981
Shares held
14 800
Options
750 000
Experience and skills
With 15 years of experience as an advisor and executive in the energy and shipping sectors Ingar has worked with the development, funding and commercialization of large energy infrastructure projects based on novel technology. Ingar has worked with, among others, Global LNG Services, Marsoft, DNV and Green Reefers. Further, he has worked as an advisor to owners, banks and investors on markets, operations and finance in maritime shipping. Speaking the tribal languages of both finance and technology he enables understanding between the different fields.
Ingar holds a MSc (Master of Science) in supply chain management and an MBA in Finance. He is also a Certified Financial Analyst.
Email: [email protected]
Phone: +47 926 20 330

Tone Bekkestad
Chief Marketing Officer
Employed since
2020
Year of Birth
1970
Shares held
717 118
Options
590 000
Experience and skills
Tone has extensive experience in communication and media working as an on-air meteorologist for TV4 Sweden for more than a decade, in addition to being a sought after moderator and lecturer on the topic of solutions to climate change.
Tone completed her MSc (Master of Science) in Meteorology in 1994 after which she worked for NILU (The Norwegian Institute for Air Research), Weather One - a company developing state of the art weather presentation software for the broadcast industry, TV4 Sweden - Swedens largest commercial TV network, and running her own company Tone Bekkestad AS, before joining Capsol.
Email: [email protected]
Phone: +47 412 92 013

Cato Christiansen
Chief Technology Officer
Employed since
2022
Year of Birth
1973
Shares held
-
Options
500 000
Experience and skills
Cato has more than 20 years of experience from various roles within the energy sector, where technology and technology development for carbon capture and storage has evolved as his core expertise throughout his career. Cato was involved with Technology Centre Mongstad (TCM), the world’s largest testing plant for CO2 capture, from the initial planning of TCM in 2007 through ten years of operation. In the last 5 years, Cato has worked with the realisation of “Longship”, the Norwegian industrial CCS demonstration project. Furthermore, Cato is a former director of the program board for CLIMIT, Norway’s national program for research, development and demonstration of CO2 capture and storage technology.
Cato completed his PhD in Mechanical Engineering in 2001 after which he worked for Scandpower Petroleum Technology (now Schlumberger), followed by Shell Technology Norway and the Norwegian Ministry of Petroleum and Energy, Section for Carbon Capture and Storage, before joining Capsol.
Email: [email protected]
Phone: +47 992 47 102

Johan Jungholm
Chief Commercial Officer
Employed since
2021
Year of Birth
1978
Shares held
-
Options
230 000
Experience and skills
Johan brings over 15 years of experience in B2B complex technical sales, marketing, and business development from companies like Fugro, CGG and Magseis Fairfield, with clients and projects spanning West Africa, India, SE Asia, Brazil, Mexico, China, the United States, Middle East, Europe and more. Johan has a long track record and experience in the complexities around both public and private project management, procurement, and other commercial drivers in major projects. He also brings understanding and experience of cultural, social, economic, and other factors that affect drivers in diverse and complex international markets, from the typical top-level project complexities down to the personal level.
Johan holds a BA with a double major in Geology and Environmental Science and has started a MSc in Applied Geoscience, both at the University of Pennsylvania.
Email: [email protected]
Phone: +47 409 24 889

Philipp Staggat
Chief Product Officer
Employed since
2021
Year of Birth
1990
Shares held
4 000
Options
190 000
Experience and skills
Philipp has 10+ years experience working in various technical and commercial roles. In Siemens AG, as a lead commissioning engineer for heavy duty rotating equipment, he commissioned powerplants in Europe, the US, South Korea, Malaysia, and the Middle East. He also managed the construction project of Siemens AG’s R&D test power plant in Berlin, Germany. Additionally, he initiated and led various strategic projects for Siemens Energy’s turbine LTP service department, serving clients in the regions Europe, Asia, and Africa.
Philipp holds both a Bachelor in Mechanical Engineering from the Berliner Hochschule für Technik (BHT) and an MBA with Distinction from London Business School.
Email: [email protected]
Phone: +47 919 09 796
Board Members

Endre Ording Sund
Chairman
Served since
2018
Year of Birth
1950
Shares held
1 836 200
Options
100 000
Experience and skills
Endre Ording Sund is an independent advisor in the Finance, E&P and shipping sector.
Sund is educated from the Royal Navy Academy, the Norwegian School of Economy and finance (BI), and Harvard Business School (PMD).
His career spans over 40 years, starting with 9 years of service as officer in the Royal Norwegian Navy, to his present-day roles as Chairman and member of the board of numerous companies. His working career includes CEO of the A. Wilhelmsen group, Head of Oil, Gas & Shipping related Corporate Finance business in SEB from 2002-2007, and several leading and founder roles within Private Equity. His Board experience includes Ferd, Euronav and Awilco (Chairman). He is also the co-founder and previous Chairman of the International Maritime & Merchant Bank and EV Private Equity.

Einar Chr. Lange
Board member
Served since
2015
Year of Birth
1942
Shares held
10 807 646
Options
100 000
Experience and skills
Einar Chr. Lange is the main investor in Capsol Technologies. Lange started his career reading economics at the University of Cambridge, UK. He then graduated as a medical doctor from the University of Oslo in 1981. Just four years later, in 1985, he took over management of the family-owned shipping company. Lange has long experience in shipping and as investor in several companies.

Wayne G. Thomson
Board member
Served since
2022
Year of Birth
1951
Shares held
-
Options
250 000
Experience and skills
Wayne G. Thomson has an extensive career internationally as a top executive with strong results from private and listed companies within the oil and gas industry, and more recently the carbon capture technology area. This includes a strong track record in building profitable business strategies.
Up until 2021, Mr. Thomson was Chairman of Svante Inc., a Canadian carbon capture technology company. Thomson was Chairman in a key period of Svante Inc's development and growth stage from 2015 to 2021. He also held the position as Executive Chairman for a period.
Thomson´s career includes holding the positions of Director at TG World Energy Corporation, Orion Oil and Gas Corporation, EnCana Corporation, Iskander Energy Inc., and Cenovus Energy Inc. He has also served as the Chairman of the board of Maha Energy Inc. Mr. Thomson currently serves as the Chairman of the board of Envirovalve Inc. and Blue Sky Hemp Ventures Inc.
Thomson has a B.Sc. in Mechanical Engineering from the University of Manitoba, in addition to Post University courses in management and petroleum engineering.
Wendy Lam
Board member
Served since
2023
Year of Birth
1975
Shares held
-
Options
112 500
Experience and skills
Wendy Lam has an extensive career as an executive with strong results from international and listed companies such as Baker Hughes, Rolls-Royce Marine (now Kongsberg Maritime) and GE. Her recent focus has revolved around technology commercialisation, strategic partnerships, and guiding clients in developing decarbonisation plans that align with regulatory mandates and corporate sustainability goals.
Wendy is the Chair of Heaten, a provider of decarbonised heat solutions and an Advisory Board Member for Chrysalix Venture Capital. Wendy has an MBA from INSEAD/The Wharton School, a Certificate from the Tuck Executive Leadership Program from Dartmouth College, degrees in mechanical/industrial engineering from University of Waterloo & University of Toronto, and a Black Belt Six Sigma Lean certification from GE.
Wendy actively serves as an executive mentor for Masdar's WiSER (Women in Sustainability, Environment, and Renewable Energy) platform.
Ellen Merete Hanetho
Board member
Served since
2023
Year of Birth
1964
Shares held
-
Options
112,500
Experience and skills
Ellen Merete Hanetho has extensive experience from executive positions within finance, strategic business development and private equity in companies such as Brussels Stock Exchange and Citibank in Brussels, Goldman Sachs Investment Banking Division in London and New York, Credo Partners, Frigaardgruppen and Cercis in Oslo, and through various board engagements.
She founded Cercis in 2020 to focus on business development and investments combining technological advances and capital to create profitable companies that contribute to solving global challenges.
Ellen has served on a number of boards and held several board positions including chairman of the board of Hydrogenpro ASA, Fleks AS and Mer AS, and board member of Kristian Gerhard Jebsen Group Limited, Stokke Industri AS, Kongsberg Automotive ASA, Eqva ASA and MPC Container Ships ASA.
Ms. Hanetho has a BSBA from Boston University and an MBA from Solvay University, in addition to executive training from INSEAD and Harvard Business School.

John Arne Ulvan
Board member
Served since
2021
Year of Birth
1965
Shares held
-
Options
225 000
Experience and skills
John Arne Ulvan has an extensive career as a top executive with strong results from national, international, and listed companies. This includes a strong track record in developing and implementing profitable business strategies globally.
His career includes holding the positions of VP - Business Unit Manager, VP - Strategy & Programs, VP - Business Development Environment and Marketing Director Canada at Yara International ASA and Norsk Hydro ASA from 1990 to 2010. From 2011 to 2020 he was the CEO/Group CEO of Felleskjøpet Agri SA.
Ulvan has served on a number of boards including serving as member of the Executive Committee of InterCOOP Europe (Switzerland), member of the board of the Confederation of Norwegian Enterprise’s Food & Drink, Chairman of the board of Norgesmøllene AS, Deputy chairman of the corporate assembly of Moelven Industrier ASA, Chairman of the board of CEFIC AGU (Belgium), Chairman of the board of Purico ltd (China) and as member of the board of Yarwil AS. Mr. Ulvan is currently a member of the board of directors of Borregaard ASA.
Ulvan has a M.Sc. in Chemistry/Chemical Engineering from the Norwegian University of Science and Technology (NTNU/NTH).

Monika Inde Zsak
Board member
Served since
2021
Year of Birth
1982
Shares held
-
Options
250 000
Experience and skills
Monika Inde Zsak has an MSc in industrial engineering and a Master in finance from the Norwegian University of Science and Technology (NTNU) and University of New South Wales, Australia (UNSW). Previously she has worked as a Senior Manager for Accenture Strategy, advising top management within the Nordic Energy and Renewable sector. In parallel, she was one of the initiators to build up Accenture’s sustainability practice and led the Norwegian team. From 2013-2021 Inde Zsak worked for one of Norway's largest utility companies, BKK, heading up the corporate venture activity and leading the internal innovation portfolio on corporate level.
Inde Zsak is currently a partner at Wiski Capital, a Venture capital firm providing active ownership and funding to startups and growth companies within sustainability.
Monika has also been appointed top ten Young Executive of the Year award by Assessit and serves as a Board Director at several Seed Funds and Startups in Norway.
Corporate Governance
Capsol is committed to sustaining a high standard of corporate governance and has established guidelines and policies for the roles and relationship between the shareholders, the Board of Directors and the executive management of Capsol.
Capsol has a zero tolerance for any form of bribery, corruption, money laundering and fraud.