Falkor appoints Pedro Alcântara as new CEO

Falkor today announces the appointment of Pedro Alcântara as Chief Executive Officer, effective 1 November 2026. He succeeds Shane McArdle and takes on the role from his current position as EVP & Chief Revenue Officer. Alcântara has held several executive positions at Falkor and brings extensive knowledge of the company, its customers and its markets.

“Shane McArdle has played an important role in Falkor’s development, and I would like to thank him for his contributions and commitment to the company. As Falkor enters its next phase of growth, the Board has appointed Pedro Alcântara to lead the company forward. Appointing an executive from within the organization reflects the strength and depth of our leadership team. Alcântara combines a deep understanding of Falkor with strong commercial experience, providing both continuity and the leadership needed to pursue our ambitions,” says Anders Rønningen, Chair of the Board. 

Falkor will continue to build on its position, with international expansion as a key strategic priority, strengthening the company’s ability to serve customers worldwide.

As a KONGSBERG company, Falkor benefits from the industrial expertise, capabilities and resources of a leading global technology group. This provides a strong foundation for the company’s continued development and its ambition to create long-term value for customers and partners.

“Falkor has strong support as it pursues its ambitions. At the same time, our greatest strength is our people. We have a highly capable organization, strong technology and a clear direction. I am confident that Pedro Alcântara and the team will build on these strengths and lead Falkor successfully into its next chapter,” says Anders Rønningen.

About Falkor

Built on more than 200 years of KONGSBERG’s industrial heritage, Falkor is trusted by leading operators, engineers and asset managers across the energy, processing, power and renewables sectors. Falkor empowers organizations in heavy asset industries to expand human capabilities and redefine how assets are designed, operated and optimized throughout their lifecycle. By connecting people, systems and workflows, its industrial intelligence platform turns complexity into clarity and data into decisions, helping leading companies improve safety, efficiency and performance. Falkor’s ownership is anchored by KONGSBERG, Shell Ventures and Idékapital.