Norway’s Statoil on Monday said that Jakob Stausholm will resign from the position as a member of the company’s board.
Stausholm’s resignation is effective immediately in order to avoid potential conflicts of interests following his new appointment as CFO of the Maersk group, Statoil said in a statement.
He will take his new position as Maersk Group CFO from December 1.
Statoil’s nomination committee will commence its search for a new board member, to allow for the corporate assembly to conduct a by-election when the nomination committee’s recommendation is ready.