Helge
Lund — new Statoil CEO
Posted: 8 March 2004
At its meeting on 7 March 2004, Statoil's board of directors appointed
Helge Lund (42) as new chief executive for the Statoil group. Mr
Lund is currently chief executive of Aker Kværner ASA.
"Helge Lund was the first choice of the board and we are very
pleased that he has agreed to lead Statoil in the years ahead,"
says Statoil chair Jannik Lindbæk.
Mr Lund graduated as a business economist at the Norwegian School
of Economics and Business Administration in Bergen. He also has
a master of business administration (MBA) from the Insead business
school in France. Before he became chief executive of Aker Kværner,
Mr Lund had a number of positions in the Aker RGI system, and before
that he had a central role in the top management of Hafslund Nycomed.
"Statoil plays a unique and important role in Norwegian business
and industry," says Mr Lund. "The position of chief executive
represents a distinctive and big challenge which, after thorough
consideration, I have accepted. Statoil is a highly competent and
robust group with the ability to deliver. It has many able employees
and I look forward to making a contribution to the further development
of the group."
The board's decision to appoint Mr Lund was unanimous. He will take
up his new position on 15 August 2004.
Executive vice president Erling Øverland has been appointed
as acting CEO, effective from this morning and until 15 August.
Inge K Hansen has stepped down from his position as acting CEO.
He will be appointed CEO in one of the three new entities in Aker
Kværner.
The chair of the board of Statoil ASA will hold a press conference
at the SAS Radison Airport Hotel, Gardermoen, at 09.00 on Monday
8 March.
For more information see www.statoil.com

Posted by Richard Price,
Editor Pipeline Magazine
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