Executive Profile

Gert W. Munthe Managing Partner, Herkules Capital AS

Age	Total Calculated Compensation	This person is connected to 3 Board Members in 3 different organizations across 10 different industries. See Board Relationships
55	--

Background

Mr. Gert W. Munthe serves as Managing Partner at Herkules Capital AS. Mr. Munthe is the Managing Director at Herkules Private Equity Funds. He established Herkules Private Equity in 2002. From 1998 to 2000, he was the Chief Executive Officer at Alpharma, Inc. and the President and Chief Executive Officer at NetCom ASA, from 1993 to 1998. During his tenure at NetCom, the investors received a 70 percent annual rate of return as Mr. Munthe led it to a successful dual listed ... IPO on the Oslo and London Stock Exchanges in 1996. He was also the Executive Vice President at Hafslund Nycomed and the Chief Executive Officer at Nycomed Imaging, from 1988 to 1993. Mr. Munthe was also employed at McKinsey & Company, from 1983 to 1987. He is the Chairman at Pronova BioPharma Norge AS and Pronova BioPharma ASA, and also a Member of the Board of Directors at Epax, Nille, and Anders Wilhelmsen & Company AS. Mr. Munthe is a Director of Aibel AS. He served as a Director of Royal Caribbean Cruises Ltd., from May 2002 to May 22, 2013. He served as a Member of the Board of Directors of Nutri Pharma ASA till March 2003 and of Alpharma, Inc., from 1994 to 2000. Mr. Munthe graduated from the University of Oslo in Economics and statistics then went on to take an M.B.A. and MIA (Master of International Affairs) at Columbia University in New York.

Corporate Headquarters Haakon VII's gt. 5B Oslo, Oslo 0125 Norway Phone: 47 22 04 80 00 Fax: 47 22 04 80 01 Board Members Memberships Former Chairman ContextVision AB Former Director SuperOffice AS Former Director Bionor Pharma ASA Director Aibel AS Chairman Pronova BioPharma Norge AS 2002-2013 Former Independent Director, Member of Audit Committee and Member of Compensation Committee Royal Caribbean Cruises Ltd. 2004-Present Chairman Pronova BioPharma ASA Education Master's Degree Columbia University MBA Columbia University Unknown/Other Education Oslo and Akershus University College of Applied Sciences Other Affiliations Alpharma, Inc. Royal Caribbean Cruises Ltd. ContextVision AB TeliaSonera Norge AS SuperOffice AS Ferd AS Columbia University Bionor Pharma ASA Oslo and Akershus University College of Applied Sciences Aibel AS Pronova BioPharma Norge AS Herkules Private Equity Fund I Herkules Private Equity Fund II Pronova BioPharma ASA Herkules Private Equity Fund III, L.P.

Annual Compensation There is no Annual Compensation data available. Stocks Options There is no Stock Options data available. Total Compensation There is no Total Compensation data available.

COMPETITOR COMPENSATION

There is no Competitor Compensation data available.