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Home›News›Statoil shuffles corporate structure
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April 27, 2018 · about 8 years ago

Statoil shuffles corporate structure

Norwegian energy giant and LNG operator Statoil has made is a number of changes in its corporate executive committee (CEC) to strengthen the leadership pipeline in the company.

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Norwegian energy giant and LNG operator Statoil has made is a number of changes in its corporate executive committee (CEC) to strengthen the leadership pipeline in the company.

Reflecting further development of the international portfolio, Statoil is also making some adjustments in its corporate structure, the company said in a statement on Friday.

The changes are planned to take effect between May 1 and October 15.

“Several executives will take on new positions to leverage their skills in strategic areas for Statoil while continuing to broaden their experience. These moves open the opportunity to include new members with strong commercial and operational backgrounds in the corporate executive committee,” says president and CEO Eldar Sætre .

Changes in the company’s corporate executive committee structure include:

The current organizational structure and CEC will remain in place until the planned implementation takes effect.

Al Cook will take over as EVP GSB on May 1, while the rest of the changes take effect during August, including the establishment of DPB, which will be headed up by Anders Opedal, reporting to the CEO, until Margareth Øvrum steps formally into the EVP DPB role October 15, Statoil said.

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