New Chair for Statoil

The corporate assembly of Statoil ASA has unanimously elected Jannik Lindbæk as the new chair of the company's board of directors. Statoil faces major challenges in pursuing its business in Norway and abroad. The assembly emphasizes the need to create calm around and confidence in the company. Mr. Lindbæk has extensive experience both as a business leader and from international activities, as well as knowledge of the oil and gas business. Kaci Kullmann Five has been elected deputy chair by the assembly.