Two new board members in Hydro
(Thomson Reuters ONE) -
The Corporate Assembly in Norsk Hydro ASA on Friday approved two new members of
the company's Board of Directors, Dag Mejdell and Victoire de Margerie.
Dag Mejdell is elected as a new board member effective from May 25, 2012, and
the Board of Directors is expanded by one member. Bente Rathe resigns from the
Board of Directors and will be replaced by Victoire de Margerie, effective from
October 1, 2012. Inge K. Hansen will take over as deputy chairperson after Bente
Rathe from October 1, 2012.
After Friday's election, the Board of Directors in Norsk Hydro ASA consists of
chairperson Terje Vareberg, deputy chairperson Bente Rathe (until October
1, 2012), shareholder-elected board members Inge K. Hansen (deputy chairperson
as of October 1, 2012), Finn Jebsen, Liv Monica Bargem Stubholt, Tito Martins,
Eva Persson and Dag Mejdell, and the employee-elected board members Billy
Fredagsvik, Sten Roar Martinsen and Ove Ellefsen. Victoire de Margerie will join
the Board of Directors as a shareholder-elected board member as of October
1, 2012.
Hydro's board members are elected for a period of two years. This year, the
shareholder-elected representatives were up for election.
Dag Mejdell (born 1957) is from Oslo and is President and CEO of Posten Norge
AS. He is currently chairperson of International Post Corporation and the
Employers Association Spekter and deputy chairman of Evry ASA and SAS AB.
Mejdell also holds directorships within the Posten group.
Victoire de Margerie (born 1963) is from Paris and is an independent
businesswoman, and Chairman & Managing Director of Rondol Technology Ltd. She is
currently board member for Ciments Français, Morgan Crucible and Eurazeo.
For more information on the Board of Directors in Norsk Hydro ASA, visit Hydro's
web site:
http://www.hydro.com/en/About-Hydro/Organization/Management-and-board/Board/
Investor contact:
Stian Hasle
Mobile: +47 97736022
E-mail: stian.hasle(at)hydro.com
********
Certain statements included within this announcement contain forward-looking
information, including, without limitation, those relating to (a) forecasts,
projections and estimates, (b) statements of management's plans, objectives and
strategies for Hydro, such as planned expansions, investments or other projects,
(c) targeted production volumes and costs, capacities or rates, start-up costs,
cost reductions and profit objectives, (d) various expectations about future
developments in Hydro's markets, particularly prices, supply and demand and
competition, (e) results of operations, (f) margins, (g) growth rates, (h) risk
management, as well as (i) statements preceded by "expected", "scheduled",
"targeted", "planned", "proposed", "intended" or similar statements.
Although we believe that the expectations reflected in such forward-looking
statements are reasonable, these forward-looking statements are based on a
number of assumptions and forecasts that, by their nature, involve risk and
uncertainty. Various factors could cause our actual results to differ
materially from those projected in a forward-looking statement or affect the
extent to which a particular projection is realized. Factors that could cause
these differences include, but are not limited to: our continued ability to
reposition and restructure our upstream and downstream aluminium business;
changes in availability and cost of energy and raw materials; global supply and
demand for aluminium and aluminium products; world economic growth, including
rates of inflation and industrial production; changes in the relative value of
currencies and the value of commodity contracts; trends in Hydro's key markets
and competition; and legislative, regulatory and political factors.
No assurance can be given that such expectations will prove to have been
correct. Hydro disclaims any obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or otherwise.
This information is subject of the disclosure requirements acc. to §5-12 vphl
(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: Norsk Hydro via Thomson Reuters ONE
[HUG#1614951]
Unternehmensinformation / Kurzprofil:
Datum: 25.05.2012 - 11:37 Uhr
Sprache: Deutsch
News-ID 150142
Anzahl Zeichen: 5110
contact information:
Town:
Oslo
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 283 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Two new board members in Hydro"
steht unter der journalistisch-redaktionellen Verantwortung von
Norsk Hydro (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
