Olav Fjell new chair of Statkraft's board of directors

Olav Fjell new chair of Statkraft's board of directors

ID: 160076

(Thomson Reuters ONE) -


(Oslo, 26 June 2012) The enterprise general meeting in Statkraft SF has today
elected Olav Fjell as the new chair of the board of Statkraft SF. The general
meeting in Statkraft AS has then elected Olav Fjell as the new chair of the
board of Statkraft AS. The board of Statkraft AS is identical with the board of
Statkraft SF.

Olav Fjell (born 1951) has extensive and broad executive experience, both as CEO
and through important directorships in Norwegian businesses.

Olav Fjell is currently the outgoing CEO of Hurtigruten, a position he has held
since 2007. Han was CEO of Statoil from 1999-2003 and has also been the CEO of
Postbanken and Lindorff. He has also been part of the senior management teams at
Kongsberg Våpenfabrikk and DNB.

Olav Fjell has held several prominent board positions, including seats on the
boards of NSB and Statkraft.

"I am familiar with Statkraft and look forward to get to know both the company
and organisation better. Statkraft is one of Norway's most important and
exciting companies and Europe's leader in renewable energy," says Olav Fjell.

Olav Fjell will take over as chair of Statkraft, replacing Svein Aaser effective
today. The other directors were re-elected.

The board of directors of Statkraft AS now consists of:
Chair: Olav Fjell

Deputy chair: Ellen Stensrud

Director: Halvor Stenstadvold
Director: Berit Rødseth
Director: Silvija Seres

Director: Inge Ryan
Director: Odd Vanvik (elected by the employees)
Director: Thorbjørn Holøs (elected by the employees)
Director: Lena Halvari (elected by the employees)



For additional information:

Vice president Investor Relations Yngve Frøshaug, tel.: +47 24 06 78 76 /
+47 900 23 021

Press spokesperson Knut Fjerdingstad, tel.: +47 24 06 71 61 / +47 901 86 310





SVP Corporate Communication Bente E. Engesland, tel.: +47 24 06 75 01 /
+47 911 59 952



Statkraft is a European leader within renewable energy. The Group develops and
produces hydropower, wind power, gas power and district heating, and is a major
player on the European energy exchanges. Statkraft has 3400 employees in more
than 20 countries.

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: Statkraft via Thomson Reuters ONE
[HUG#1622017]




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Datum: 26.06.2012 - 12:01 Uhr
Sprache: Deutsch
News-ID 160076
Anzahl Zeichen: 3136

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