The nomination committee in Statoil recommends that the company's corporate assembly elects Øystein Løseth as new members of Statoil's board of directors.

Furthermore, the nomination committee recommends the re-election of Svein Rennemo (chair), Grace Reksten Skaugen (deputy chair), Bjørn Tore Godal, Maria Johanna Oudeman, Jakob Stausholm, Catherine Hughes and James Mulva as members of the board of directors.

Øystein Løseth is a Norwegian citizen. Øystein Løseth has significant managerial experience in the energy sector, with particular expertise and experience from the European energy market.Since 2010, Løseth has been appointed as the CEO, and before that as a first senior executive vice president since 2009, of Vattenfall AB, one of Europe's largest energy companies.

Tags: Statoil