Statoil ready with new board of directors

A new chairmanship is ready at Norwegian Statoil which in the future will be led by a Norwegian and a Brit.

The chair will be Norwegian while the deputy chair will be British. This is clear after the general assembly yesterday, Tuesday, voted in favor of the board's nomination for a new chair and new vice chair of the oil company Statoil.

The new chair will be Øystein Løseth who has been a member of the board at Statoil since the first of October 2014, and is currently a member of the company's audit committee. In the period 2010 to 2014, he was CEO of Vattenfall and prior to that he worked as CEO of the Dutch energy company Nuon. Øystein graduated as M.Sc. in Engineering.

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