Norske Skog : Norske Skog: recommendations of the election- and remuneration
Norske Skog's election- and remuneration committee recommends Ingelise Arntsen
as a new member of the board of directors. Dag J. Opedal is recommended as new
chair of the election- and remuneration committee, and Olav Veum is
recommended as a new member of the election- and remuneration committee.
- The proposals of the committee regarding the new board member and new
members of the election- and remuneration committee are unanimous. Ingelise
Arntsen has extensive experience from industry and the energy industry, both
through operational management and a number of directorships, says chair of
the committee, Tom Ruud.
Board of directors
The committee proposes the re-election of Eivind Reiten as chair of the board.
The committee also proposes the re-election of the remaining directors Eilif
Due, Finn Johnsson, Siri Beate Hatlen, Jon-Aksel Torgersen and Karen Kvalevåg.
In line with last year, no deputy chair is proposed.
Ingelise Arntsen (46) has extensive board and management experience from
Norwegian and international activities in the industrial and energy sectors.
She is currently CEO of Sway Turbine AS and a board member of Multi Consult
AS, EAM Solar ASA and Grieg Seafood ASA. She has previous experience from
companies including Kvaerner and Statkraft. She has a Bachelor of Science in
Economics from the Copenhagen Business School.
In addition to the seven shareholder-elected board members, three board
members will be elected by and among the employees of the company.
Election- and remuneration committee
Dag J. Opedal is proposed as new chair, replacing Tom Ruud. Olav Veum is
proposed as a new member, replacing Ole H. Bakke. It is proposed that Helge
Leiro Baastad and Kirsten Idebøen are re-elected as members of the election-
and remuneration committee.
Dag J. Opedal is a graduated economist and has a Master of Business
Administration (MBA) from INSEAD. He has previously held the position of CEO
in Orkla ASA. He is Chairman of Vizrt Ltd. and Meltwater B.V. and a board
member of Telenor ASA, Nammo AS and Norwegian Church Aid.
Olav Veum is a forest owner and has previously held positions including that
of general manager in the Western Telemark Business Forum and business manager
in Fyresdal municipality. He is currently chair of the Norwegian Forest
Owners' Association, AT Skog SA and a board member of the Norwegian
If the proposals of the election- and remuneration committee are adopted, the
governing bodies in Norske Skog will have the following shareholder-elected
composition following the annual general meeting:
Board of directors Election committee
Eivind Reiten (chair) Dag J. Opedal (chair)
Ingelise Arntsen Helge Leiro Baastad
Eilif Due Kirsten Idebøen
Siri Beate Hatlen Olav Veum
Oxenøen, 8 February 2013
For further information:
Vice president corporate communication
Mobil: +47 917 63 117
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
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information contained therein.
Source: Norske Skog via Thomson Reuters ONE
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