Statoil's Chairman Resigns
September 22, 2003
On September 21, Leif Terje Løddesøl informed the head of Statoil's corporate assembly and the board of directors that he is withdrawing with immediate effect from his position as chairman and member of Statoil's board of directors.
The way in which the debate about Statoil has developed recently has caused him to take the view that his possibility for efficiently leading the board has been weakened. He believes that in the best interests of Statoil, a new chair should be elected.
"Statoil has developed into an impressive group with big opportunities ahead of it. Committed, positive and exciting people deserve all support in bringing the group forward," comments Løddesøl.
Related News
Cargo Ship Freed from Suspected Pirates off Somalia
Corvus Energy to Supply Battery Systems for Panama Canal Tugs
Pirate Attack Confirmed Off the Coast of Somalia
While Maritime Risks Soar, Total Losses Plummet in '23 - Report
Røjgaard joins CIMAC Board