FROSTAD NEW VOLVO OCEAN RACE CEO

FROSTAD NEW VOLVO OCEAN RACE CEO

Norway's Knut Frostad (40) has been appointed as Chief Executive of the
Volvo Ocean Race. Frostad, who has taken part in the Whitbread/Volvo
Ocean Race four times, twice as skipper and manager of his own projects,
will take up his position at race headquarters in Whiteley, UK, on March
3. With background in business management and administration, Frostad
has also been a board member and industrial advisor to leading companies
as well as a sought after business speaker in Europe.

"My immediate focus is the present race," said Frostad. "The 2008-09
race is pretty much laid out. The team in place in race head quarters is
experienced and professional which will ensure a seamless transition."
The 2008-09 event will be the 10th running of this ocean marathon.
Starting from Alicante in Spain on 4 October 2008, it will for the first
time, take in ports in Asia. Spanning some 37,000 nautical miles,
stopping at around 11 ports and taking nine months to complete. —
http://www.volvooceanrace.org

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