Anniken Hoelsaeter Joins LeTourneau Technologies as Vice President, Corporate Development

 
 
Houston, Texas - August 6, 2010

LeTourneau Technologies, Inc. is pleased to announce Anniken Hoelsaeter as Vice President, Corporate Development.

Hoelsaeter began working at LeTourneau earlier this year as a corporate development consultant. Previously, she worked for McKinsey & Company in the role of Engagement Manager, where she led teams to provide solutions for complex business problems and strategic, organizational, and operational issues to a number of large international companies. Hoelsaeter holds a master's degree in Economics from the University of Oslo and also spent time studying in France.

Reporting to Thomas Burke, President & CEO of LeTourneau Technologies, Inc., Hoelsaeter manages LeTourneau's corporate strategy development and M&A activities. Within LeTourneau, Hoelsaeter works closely with the business segment leaders to generate business opportunities. In addition, Hoelsaeter oversees Marketing Communications to ensure consistency between the company's strategic developments and marketing initiatives.

Burke stated, "Based on Anniken's areas of expertise, she is an ideal fit for this role of focusing on developing LeTourneau's strategic business initiatives. Her diverse background of working in various geographical locations and business environments will accelerate our ability to achieve the future goals we have set for this company. I am pleased that she has joined our management team."

LeTourneau Technologies designs, builds, and supports worldwide manufacturing of drilling and mining equipment. We strive to deliver our products, projects, and services to meet and exceed our customer's expectations in our commitment to be on spec, on-time, and within budget.