New chair for Statoil
Posted: 1 November 2003
The corporate assembly of Statoil ASA unanimously elected Jannik
Lindbæk as the new chair of the company's board of directors.
Statoil faces major challenges in pursuing its business in Norway
and abroad. The assembly emphasises the need to create calm around
and confidence in the company.
Given its size and position in Norway, Statoil and its operations
attract great public interest. International operations must account
for the greater part of its growth in coming years. These considerations
will make substantial demands on the company's chair.
Mr Lindbæk has extensive experience both as a business leader
and from international activities, as well as knowledge of the oil
and gas business.
The assembly is very satisfied that he has agreed to become chair
of Statoil, and thereby to help secure the future development of
the company at home and abroad.
Kaci Kullmann Five has been elected deputy chair by the assembly.
Ms Five has made a very good commitment in recent weeks as acting
chair, and the assembly is glad that she has agreed to serve as
deputy chair.
A press conference will be held at 16.00 today, 1 November, in
Statoil's offices at Majorstua in Oslo.
For more information see www.statoil.com.
Posted by Richard Price,
Editor Pipeline Magazine
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