Appointment of new Executive Vice President at Orkla
(Thomson Reuters ONE) -
Karl Otto Tveter (47) has been appointed Executive Vice President, Legal Affairs
and member of the Orkla Executive Board, effective today. Mr Tveter has been
employed by the Orkla Group since 1992, and has been Senior Vice President,
Legal Affairs, of Orkla ASA since 2000. In his new position, besides being in
charge of the Legal Affairs Department, Mr Tveter will also be responsible for
the Group Secretariat and will act as secretary to the Board of Directors. In
addition, Orkla's Internal Audit Department will report administratively to Mr
Tveter.
"Orkla is undergoing a very extensive, demanding transformation phase entailing
significant structural changes. Karl Otto Tveter brings to the Orkla Executive
Board considerable expertise and experience in dealing with legal and
transaction-related issues, which will be important to Orkla both during the
transformation phase and in its future operations as purely a branded consumer
goods company," says Bjørn M. Wiggen, Group President and CEO of Orkla ASA.
"I am glad to have this opportunity to work even more closely with Bjørn to
realise Orkla's strategic objectives, and look forward to contributing to the
Orkla Group's value creation in the years ahead," affirms Karl Otto Tveter.
Orkla ASA,
Oslo, 9 February 2012
Reference:
Johan Chr. Hovland, SVP Corporate Communications, + 47 22 54 44 86
Rune Helland, SVP Orkla Investor Relations, +47 22 54 44 11
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Orkla ASA via Thomson Reuters ONE
[HUG#1583736]
Unternehmensinformation / Kurzprofil:
Datum: 09.02.2012 - 07:02 Uhr
Sprache: Deutsch
News-ID 112682
Anzahl Zeichen: 2287
contact information:
Town:
Oslo
Kategorie:
Business News
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