PGS boss to become Statoil chairman

Statoil’s nomination committee has unanimously recommended that the company’s corporate assembly elects Jon Erik Reinhardsen as the new chairman of the board of directors.

The Norwegian oil company also said that the committee recommended the re-election of Roy Franklin as deputy chair and Wenche Agerup, Bjørn Tore Godal, Rebekka Glasser Herlofsen, Maria Johanna Oudeman, and Jeroen van der Veer as members of the board of directors.

Chair of the board Øystein Løseth already informed the company that he does not wish to stand for re-election in 2017. Løseth has been a member of Statoil’s board of directors since 2014 and chair since 2015.

He decided to return to more operational positions that would conflict with his work as the chairman of Statoil’s board. Løseth will leave the board of directors effective July 1, 2017.

Reinhardsen has been the CEO of Petroleum Geo-Services (PGS) since 2008. Before that, he worked for aluminum company Alcoa Inc. and held various positions in the Aker Kværner group. He is also a member of the board of directors of Oceaneering, Borregaard, Telenor, and Awilhelmsen.

Tone Lunde Bakker, chair of the nomination committee, said: “The choice of Jon Erik Reinhardsen is based on his deep industrial and global experience, paired with broad background from management of large organizations, including as CEO of a truly global company.

“The nomination committee is very satisfied that Reinhardsen has confirmed willingness to take on such a demanding and important role as chair of the board of Statoil.”

As stated on Monday by PGS, Reinhardsen will leave his position in PGS as of August 31 and, if elected, will join the Statoil board on September 1. The nominating committee recommended that Roy Franklin takes over as acting chair of the board after the departure of Øystein Løseth on July 1 until August 31.

The election will take place in the company’s corporate assembly meeting on June 6, 2017. The re-election of the six members will be effective from July 1 until the ordinary election of shareholder-elected members to the board of directors in 2018.

Share this article

Follow Offshore Energy Today

Posted on May 30, 2017 with tags .

Events>

<< Dec 2019 >>
MTWTFSS
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

Africa Oil Week 2020

For over 25 years Africa Oil Week has been the meeting place for Africa’s most senior E&P stakeholders.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

2020 EXPLORATION AND PRODUCTION STANDARDS CONFERENCE ON OILFIELD EQUIPMENT AND MATERIALS

The development of consensus standards is one of API’s oldest and most successful programs.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply