Policy changes at Norway’s Wilhelmsen Group have resulted in new-energy boss Jan Eyvin Wang resigning from the board of Swiss satellite company Astrocast.
Astrocast said in a filing to the Oslo bourse that Wang’s position had been under discussion at board level for “some time” due to unspecified “policy changes” at his main employer.
“As such, Wang will not be in a position to attend to the board position with Astrocast,” the company added.
“Astrocast would like to thank Jan Eyvin Wang for his efforts and time invested in the company.”
Wilhelmsen has not responded to TradeWinds’ questions on the policy changes.
Astrocast aims to establish a global satellite network for Internet of Things applications.
Wang, who has served as a director at Astrocast since August 2021, is executive vice president of new energy at shipping services group Wilhelmsen.
The division brings together the Norwegian company’s offshore wind, renewables and digital businesses.
He is also chairman of Edda Wind, the offshore vessel shipowner in which Wilhelmsen has a major stake, as well as being chair of Wilhelmsen’s offshore logistics operation, NorSea.
Wang joined Wilhelmsen in 1981 and has held several positions within the group in Norway and abroad, living for many years in the US, as well as South Korea.
He is part of the group's management team.
His biography on the Wilhelmsen website also mentions board positions with South Korean shipowner Hyundai Glovis, in which Wilhelmsen is a shareholder, and semi-conductor company CrayoNano.
From 2017 to 2020, Wang was senior vice president investment director at Wilh Wilhelmsen Holding and was group CEO from 2010 to 2017.