Statoil Fuel & Retail appoints SVP Investor Relations
(Thomson Reuters ONE) -
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2 December 2010 -- Mitra Hagen Negård has been appointed Senior Vice President
of Investor Relations Statoil Fuel & Retail ASA. Negård reports to Klaus-Anders
Nysteen, Chief Financial Officer, and started her position 1 December, 2010.
"Investor Relations is a critical role within the CFO office of our newly
listed company -- securing our compliance to the many financial regulations of
the stock exchange, as well as strategically defining and managing the ongoing
communications with our future investors," says Klaus-Anders Nysteen. "Mitra's
exceptional background in Investor Relations as well as her earlier career as a
financial analyst makes her the right choice for this position," concludes
Nysteen.
Negård comes from the position as Head of Financial Planning and Investor
Relations in Wilhelm Wilhelmsen. Prior to joining Wilhelm Wilhelmsen, she worked
as Research Coordinator at First Securities, Senior Financial Analyst at Danske
Bank/Fokus Markets and Senior Financial Analyst at Nordea.
Negård holds an MA in International Economics and Management from SDA Bocconi in
Italy and a BA of International Business from Økonomisk College (høgskolen i
Oslo) in Norway.
"Further building the investor relations function in the newly listed Statoil
Fuel & Retail is a challenge I am very much looking forward to," says Negård.
"Moving from the shipping industry to retail is a great opportunity to learn a
new industry"
Since the announcement by Statoil ASA of its intention to list Statoil Fuel &
Retail on the Oslo Stock Exchange in March, Geir Bjørnstad - a member of Statoil
ASA's U.S. Investor relations team has been supporting Statoil Fuel & Retail in
its IPO preparations.
Please see attachment for photo of Mitra Hagen Negård.
For more information please contact:
Karen Romer
SVP Communications
Statoil Fuel & Retail ASA
Tel: +47 950 74 950
Email:karrom(at)statoilfuelretail.com
www.statoilfuelretail.com
About Statoil Fuel & Retail
Statoil Fuel & Retail is a leading Scandinavian road transportation fuel
retailer with over 100 years of operations in the region. We have a broad retail
network across Scandinavia, Poland, the Baltics, and Russia with approximately
2,300 fuel retail stations including full-service stations (fuel and
convenience), and automated/fuel only stations. More than 17,000 people
(including employees at Statoil branded franchise stations) work at our sites
across Europe and approximately 2,000 people work in our European and national
headquarters.
Statoil Fuel & Retail's other products include stationary energy, marine fuel,
aviation fuel, lubricants and chemicals. In Europe, we operate 12 key terminals,
approximately 400 road tankers and 50 depots in eight countries. We also deliver
aviation fuel at 85 airports in nine countries and produce and sell 750
different lubricant products.
* * *
This press release does not constitute an offer to sell or the solicitation of
an offer to buy any securities of SFR. The securities mentioned herein have not
been, and will not be, registered under the United States Securities Act of
1933, as amended (the "Securities Act") and may not be offered or sold in the
United States except pursuant to an exemption from the registration requirements
of the Securities Act.
In connection with the Offering, Citigroup Global Markets Limited (the
"Stabilizing Manager") (or persons acting on behalf of the Stabilizing Manager)
may over-allot shares or effect transactions with a view to supporting the
market price of the shares at a level higher than that which might otherwise
prevail. However, there is no assurance that the Stabilizing Manager (or persons
acting on behalf of the Stabilizing Manager) will undertake stabilization
action. Any stabilization action may begin on or after the date on which
adequate public disclosure of the final price of the shares is made and, if
begun, may be ended at any time, but it must end no later than 30 days after
allotment of the shares.
Matters discussed in this document may constitute forward-looking statements.
These forward-looking statements are based upon various assumptions. Although
we believe that these assumptions were reasonable when made, these assumptions
are inherently subject to significant known and unknown risks, uncertainties,
contingencies and other important factors that are difficult or impossible to
predict and are beyond our control. Such risks, uncertainties, contingencies
and other important factors could cause the actual events to differ materially
from those expressed or implied by such forward-looking statements. No
representation is made that any of these forward-looking statements will come to
pass and you are cautioned not to place any undue influence on any forward-
looking statement. Each of Statoil ASA, SFR, the Joint Bookrunners and their
respective affiliates expressly disclaims any obligation or undertaking to
update, review or revise any forward looking statement contained in this
announcement whether as a result of new information, future developments or
otherwise.
[HUG#1467943]
Photo of Mitra Hagen Negård:
http://hugin.info/143728/R/1467943/405591.jpg
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originality of the information contained therein.
Source: Statoil Fuel & Retail ASA via Thomson Reuters ONE
Unternehmensinformation / Kurzprofil:
Datum: 02.12.2010 - 09:55 Uhr
Sprache: Deutsch
News-ID 49330
Anzahl Zeichen: 6748
contact information:
Town:
OSLO
Kategorie:
Business News
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