Ian Edwards - Spectrum ASA Insider

Executive Vice President North-West Europe and Asia Pacific

Mr. Ian T. Edwards was Executive Vice President, NorthWest Europe and Asia Pacific at SPECTRUM ASA since 2016
  President Since 2016      
Edwards brings a wealth of knowledge from the oil and gas industry, with a career that has spanned over 46 years. He started his career in 1970 with Phillips Petroleum. In 1982 he became one of the initial team of JEBCO Seismic Ltd which was followed in 1992 by his move to Digicon Geophysical where he was responsible for starting the Data Library and Geological Services departments for EAME Division. Throughout Mr. Edward?s time with Digicon/Veritas and finally CGGVeritas in 2010, he held various senior positions with his last role as Senior Vice President Data Library EAME and Global New Ventures. In late 2010 Mr. Edwards was one of the original members of the Executive Team of Dolphin Geophysical responsible for Global MultiClient Surveys and New Ventures. During his career Ian has initiated many unique Data Library seismic surveys which have led to industry investment and exploration of these areas

Management Efficiency

The company has return on total asset (ROA) of 1.43 % which means that it generated profit of $1.43 on every $100 spent on asset. This is way below average. Similarly, it shows return on equity (ROE) of (4.5) % meaning that it generated substantial loss on money invested by shareholders.
The company has accumulated 32.47 M in total debt with debt to equity ratio (D/E) of 18.3 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Spectrum ASA has Current Ratio of 0.72 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.

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Entity Summary

Spectrum ASA (SPTYF) is traded on OTC Market in USA. and employs 19 people.

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Top Management

Spectrum ASA Leadership Team
Jogeir Romestrand, Director
Glen Rodland, Chairman, Ph.D
Arne Helland, EVP
Jan Schoolmeesters, COO, Ph.D
Kim Maver, President, MBA
Maria Tallaksen, Director
Ian Edwards, President
Graham Mayhew, President
Ingrid Leisner, Director
Mike Ball, President
Linda Myklebust, Director
Rune Eng, CEO
Henning Olset, CFO, MBA
Jorn Christiansen, CTO
Neil Hodgson, Executive, Ph.D
Richie Miller, EVP
Svein Staalen, Executive
David Rowlands, EVP
Pal Stampe, Director

Stock Performance

Spectrum ASA Performance Indicators